Source: Fortune.com
Summary
Olympic gold medalist Lauryn Williams, who earned $200,000 a year at 20, struggled to find financial security after her athletic career. Despite her historic wins, she was forced to start from scratch and take an internship at $12 an hour. Williams has since become a certified financial planner and now helps athletes make smart financial decisions through her firm Worth Winning. She notes that many gold medal-winning athletes are not making $100,000 a year and need a plan B.
Our Reading
The numbers tell one story. Lauryn Williams’ Olympic wins didn’t translate to long-term financial security. She went from earning $200,000 to interning for $12 an hour. Her experience is not unique – many athletes need a plan B. Williams has leveraged her experience to become a certified financial planner, helping athletes make smart financial decisions. The announcement sounds familiar – athletes struggling to find financial stability after their competitive careers.
Author: Evan Null
