Financial Experts Guide Athletes to Smart Retirement

NEW YORK – March 16, 2018 – Morgan James’s new release, Not Another Broke Athlete: A Simple and Straightforward Plan to Keep and Grow the Money You Earn by Don Padilla CFP® and Shkira Singh, provides an explanation for why wealthy professional athletes often go bankrupt after retirement, and offers a path to a more secure financial future.

Professional athletes make millions of dollars annually, and often lead a lavish lifestyle as a result. However, too many athletes don’t plan for their inevitable early retirement, and as a result more than half of professional athletes declare bankruptcy within five years of retiring. According to former Major League Baseball player and currently Hitting Coordinator of the Chicago Cubs, Jacob Cruz, “athletes believe they will play forever… and so the money will keep flowing in. No athlete wants to think about when it will all end.” Financial advisors Don Padilla and Shkira Singh believe that this overspending is just one of several reasons athletes struggle after retirement. Sharing insights from Cruz and several other professional athletes including Oscar De La Hoya, Aaron Boone, Warren Moon, and more, Padilla and Singh address the financial struggles that all athletes face, and offer strategies for retirement planning in Not Another Broke Athlete.

As a former Registered Player Financial Advisor for the National Football League Players Association (NFLPA), Padilla is on a mission to support athletes in their long-term goals and ultimately break the scarcity mindset that many grow up in, which can cause poor financial choices. Through sharing his own life struggles, experience with poverty, and journey to financial wealth and freedom, Padilla inspires readers to take control of their financial future by learning responsibility now.

In an interview with Padilla, Warren Moon said the best advice he can offer a young athlete is, “make sure you have a plan before retirement comes.” With chapters on the psychology of money, seeking financial counsel, life after sports, and entrepreneurship, Not Another Broke Athlete: A Simple and Straightforward Plan to Keep and Grow the Money You Earn educates athletes, coaches, and fans alike how they can plan for every step of their career and retirement, and equips them with the tools they need to see long-term success.

Padilla and Singh also include interviews from a professor, psychiatrist, psychologist, and even powerful in-depth insights from former sports attorney Susan Sember, now Executive Producer/Director of the soon to be released global documentary, “Beyond the Game”. In 2-plus years of the film production Susan sat down with current and retired professional athletes from all sports, including but not limited to those from the NFL, MLB, NBA, WNBA, PGA, LPGA, NHL, MLS, FIFA and Olympics.

If you would like more information about this topic, or to schedule an interview with Don Padilla and Shkira Singh, please call Nickcole Watkins at 516.900.5674.

About the Author:

Don Padilla has been in the financial services industry for over 18 years and has advised on over $300,000,00. He is a Certified Financial Planner™, public speaker, and CEO of PS&A Wealth Management, Inc. He was also a National Football League Players Association (NFLPA) Registered Player Financial Advisor. Don has taught and lectured retirement courses at various universities and colleges. He is a Registered Representative through Kestra Investment Services, LLC, where he holds his Series 24(General Securities Principal), Series 7 (General Securities Representative), Series 63(Uniform Securities Agent State Law Exam), and Series 65 (Uniform Investment Adviser Law Exam) licenses. Don also holds Life/Disability, Long-Term Care and Variable Annuity Licenses.

Shkira Singh has served as a trusted advisor for over 14 years, and has advised over $250,000,000. During Shkira’s career, she has held positions at Washington Mutual, Farmers Insurance, and UnionBanc, and she is currently a Financial Advisor at PS&A Wealth Management, Inc. Shkira is also a Registered Representative through Kestra Investment Services, LLC where she holds her Series 7 (General Securities Representative), Series 63 (Uniform Securities Agent State Law Examination), and Series 66 (Uniform State Law Examination), as well as California State Life and Health Insurance licenses. Don and Shkira live in Porter Ranch, California with their two children.

More About This Title:

Not Another Broke Athlete: A Simple and Straightforward Plan to Keep and Grow the Money You Earn by Don Padilla CFP® and Shkira Singh, will be released by Morgan James Publishing on February 27, 2018. Not Another Broke Athlete—ISBN 9781683504740—has 142 pages and is being sold as a trade paperback for $16.95.

About Morgan James Publishing:

Morgan James publishes trade quality titles designed to educate, encourage, inspire, or entertain readers with current, consistent, relevant topics that are available everywhere books are sold.


Media Contact
Company Name: Morgan James Publishing
Contact Person: Nickcole Watkins
Phone: 516.900.5674
Country: United States