Whether a young professional just starting out or an executive mature in a career, you probably have pressing questions like sending kids to college or helping aging parents. To make certain you are on the right track, Financial Guidance Group, Inc. will provide answers to these questions with an objective opinion utilizing an effective retirement plan so you don’t have to worry.
You worked hard for a living and now you want to enjoy the retirement you always envisioned. You want assurances your life savings are invested prudently in a reduced-risk manner by advisors with the proper professional credentials. Financial Guidance Group, Inc. will manage your money conservatively by actively monitoring a diversified portfolio so you can enjoy your retirement.
- Investment Management
- Estate Planning
- Long-Term Care Analysis
With experience as a nationally signed artist and as an employee in A&R at one of the biggest record companies in the world, Carl Jr knows what it’s like for those on the stage, as well as those who work behind the scenes. We have a passion for helping artists, entertainment professionals, and those in publishing get their finances in order. Depending on your role in the industry, your income may be inconsistent or sporadic and we can help you manage that. We understand that in many cases with this industry, nothing is guaranteed, but with careful management, we can help you achieve your long term goals and dreams.
- Personal budgeting and planning
- Investment management
- Long term plan development
Careful planning and investing can make the earnings over the career of professional athletes last a lifetime. However, studies have shown the unfortunate reality is that most professional athletes end up bankrupt shortly after their career is over.
- In a recent Forbes (Link http://www.forbes.com/sites/leighsteinberg/2015/02/09/5-reasons-why-80-of-retired-nfl-players-go-broke/#27f767404e36) article, agent Leigh Steinberg commented on the tragedy that often comes to professional athletes after they retire or their career is cut short. In his article he references that by the time they have been retired for three years, 80% of NFL players have either gone bankrupt or are under serious financial stress related to poor planning, joblessness or divorce.
- In the article “When Athletes Retire” (Link http://institute.lifereimagined.org/signature/21271-When-Athletes-Retire), writer Vern Smith references a Sports Illustrated study that revealed a large number of MLB players end up filing for bankruptcy within five years of retirement as well as an estimated 60% of former NBA players are broke in that same time frame.
At FGG, we are determined and equipped to help our professional athletes not be a part of these statistics.