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I don't understand this "lockout" talk
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<blockquote data-quote="Kitten" data-source="post: 301560" data-attributes="member: 2692"><p>I wonder why the NFL or individual teams/ organizations don't set up retirement plans and benefits for their players such as IRA or 401K. If you don't set up for retirement now or at least start to, you won't have much of anything to live on when you are no longer working. If I were owner, I'd make damn sure my players/ employees if you will, were taken care of beyond their services on my team even if they retired due to injury. They would be taken care of. To me, they are family, and I'd never let that happen. Some of these guys, as Croak pointed out, are just not smart with their investments. Maybe they just never had anybody just sit down and teach them how to plan for their future so they are very much living in the moment. Maybe they just get caught up in the lifestyle, because right now they <em>can</em> do it. I would think it a good idea for teams to make sure they have financial advisers or something to that effect to make sure they are investing wisely. </p><p></p><p>There is a way to deal with this, it just has to be done within the financial means of the league and so the players don't feel they are being screwed.</p></blockquote><p></p>
[QUOTE="Kitten, post: 301560, member: 2692"] I wonder why the NFL or individual teams/ organizations don't set up retirement plans and benefits for their players such as IRA or 401K. If you don't set up for retirement now or at least start to, you won't have much of anything to live on when you are no longer working. If I were owner, I'd make damn sure my players/ employees if you will, were taken care of beyond their services on my team even if they retired due to injury. They would be taken care of. To me, they are family, and I'd never let that happen. Some of these guys, as Croak pointed out, are just not smart with their investments. Maybe they just never had anybody just sit down and teach them how to plan for their future so they are very much living in the moment. Maybe they just get caught up in the lifestyle, because right now they [I]can[/I] do it. I would think it a good idea for teams to make sure they have financial advisers or something to that effect to make sure they are investing wisely. There is a way to deal with this, it just has to be done within the financial means of the league and so the players don't feel they are being screwed. [/QUOTE]
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I don't understand this "lockout" talk
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