A former NFL player reminds us that the retirement crisis doesn't just affect everyday citizens, but also athletes, many of whom are no longer wealthy.

CNBC reports that Mario Henry, a former New England patriot, "was out of football, and money, by age 28." Now Henry is drawing attention to the retirement crisis, citing a Sports Illustrated report that approximately 80 percent of retired National Football League players go broke in their first three years out of the league.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.