You're viewing a single thread.
I hope she’s saving for retirement. How does she expect to make money when she gets older and the OnlyFans crowd no longer wants to masturbate to her videos?
Nobody sees a sports athlete get a million dollar contract and says "I hope this guy is saving for retirement. How does he expect to make money when he can't pitch fastballs at 100 mph?" Why does this comment only happen to women being models?
It’s actually discussed a lot in sports. There are many stories of athletes who earned millions and were broke just a couple of years after retirement because they didn’t have the right people around to help them prepare.
I’m a basketball fan, so here’s an example: https://fadeawayworld.net/20-nba-players-who-went-broke-and-lost-millions-of-dollars
In a 2009 report published by Sports Illustrated, it was estimated that 60% of NBA players will go broke within 5 years of retiring.
I have a theory about that that I’ll now subject lemmy to! Professional sportsers are often heavily managed from a very young age (practice schedules, diet monitoring, weightlifting regime, traveling). Even in college they often have to sign up for special versions of classes to fit with their schedules (on top of the diet/exercise/practice/travel) making fewer of their own day to day decisions than their peers. When they leave the sport they don’t have all these other people dictating their lives anymore but they haven’t had enough experience living on their own or room to make certain mistakes they would have learned from if they’d been in charge of more of their time and decisions.
I’ve actually found that college athletes (the ones I get to teach) are much better prepared (for “adulting”) than their peers at graduation. They have much better time management skills and tend to manage and navigate group dynamics better. I think some of what you are saying heavily depends on the sport or perhaps athletic level. I’m not teaching anyone near going pro, they just like their sport and enjoyed the scholarship.
Yeah, that's cause there is a big difference between someone who is going to college and also playing sports vs someone at college to play sports.
If your a student athlete that is never going pro, then you need good time management, keep up grades, etc. If your someone going pro things are a lot different.
From what I’ve heard, you’re right. While athletes are pulling in money for the people upstairs, people take care of them. Once they retire, they become worthless to management/ownership, so they’re thrown to the wolves. With no money management skills of their own, a lot of them go broke.
Yeah recently heard a sports announcer saying that it was amazing that a 31-year-old was playing at the level that they were.
I was like, bro, he's 31. What the fuck.
I'm going to make a generalization and say that someone in a PhD program (any PhD program) is more practical and better at handling financial planning than 95% of all professional athletes.
I guess I’m weird, then, because I think that - especially regarding Olympic athletes in sports that don’t have much of a following.
i just repeated what others below said better
a ton of famous athletes go broke after retiring because they are retired at like 35 or 40 with an unsustainable lifestyle. So many bad car dealerships and bad restruarants are retired pro athletes trying to maintain a lifestyle that they should have avoided while destroying their body for cash.
Lol having a PhD doesn't get you a pension. She'll make more from OF than she'd ever make by staying in academia.
So much this. PhD just means you are earning significantly less than your peers for at least six years, and then if you stay in academia, it’s less your whole life. There are some nice perks though, but for purely monetary reasons, you do not go for a PhD.
Yeah basically the only PhD that pays is AI research if it can get you a job at OpenAI.
But better hurry before we move on to the next fad!
If she's not a complete idiot, she probably already has more retirement savings than the average gen-xer. Assuming the pyramid scheme that is our stock market keeps growing, she might have already saved all she needs to. If the bubble collapses, she will just be living in a mad max apocalypse with the rest of us.
You say that like she was going to make a fortune in academia.
She's dropped out of a doctorate which means she likely already has more qualifications than you and I combined.
There’s a difference between making a fortune and just having a steady pay check.
The issue is when she is old and used up the income dries up completely.
So whatever “fortune” she makes from this better carry her for the rest of her life because that tap WILL dry out.
when she is old and used up
Downvoted for blatant misogyny
Or, you know she could get another job and build a retirement fund through that.
I guess but who is going to hire someone that’s been out of work for years?
Trying to explain to some hiring manager that you took several years off to show your genitals online is a pretty bad place to be.
obviously like any sporting personality who gets too old for sport you coach the next generation of only fans contenders, and manage their social media presence, marketing etc. all for a small % of their takings.
Bro what
OnlyFans has a reputation for people exploiting their looks. OnlyFans users have a reputation for judging people based on their looks. As you may have noticed, people tend to be judged as less attractive as they get older.
I’m not endorsing that system, I’m just evaluating it based on how people act.
So does the NFL. Are you making sure NFL players are saving for retirement, too?
If one posted here, I sure would! It’s a shame when people who have usually been exploited most of their lives are allowed to go bankrupt.
You think a woman choosing to enter sex work is being exploited? OF and the NFL can be exploitative platforms, but because they are corporations, not because someone on the internet forgot to save the people taking part in those enterprises
Actually, I was talking about athletes who are fed lies, sometimes since high school. Sorry I didn’t specify.