The Most Important Off-Season Financial Moves | Aaron Goldberg | PGA Players' Series #2
Athlete Wealth Podcast
English - February 24, 2022 22:58 - 11 minutes - 10.8 MB - ★★★★★ - 8 ratingsFootball Sports Business Investing nfl players athlete finances athlete wealth athlete wealth management business finance football players investing nfl oakland raiders Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
With the PGA Tour calendar wrapping up this week and players are heading into the off-season, now is a pivotal time to take advantage of potential tax planning opportunities for this year and dive into financial planning for 2021 and beyond.
As you’re setting up your off-season plans with your swing coach, trainer, and on-course team, now is also the time to check in with your wealth management team. You’re making plans to set yourself up for success on the course next season; why not take the time to review your financial plans as well?
In this week’s episode of the PGA Players’ Podcast, I discuss the important steps you should be taking in the off-season to wrap up this year and prepare yourself financially for the New Year, so you are free to focus on what really matters: winning PGA Tour events.
Key Topics Discussed:
(1:11) the importance of year-end planning for pro golfers(1:35) The equation for high end performance(1:53) Tax planning at end of the calendar year including retirement plan contributions, corporation filings, and more.(3:21) Setting yourself up for financial success next year(4:53) Communicating personal expenses and goals(5:49) How much are you spending? Building a sustainable lifestyle(7:12) Leaving a legacy through charitable planning(8:38) Human capital and maximizing sponsorships(10:45) Putting together an off-season financial plan