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[QUOTE="CusefanATL, post: 2240406, member: 853"]
"a nice start"

without question, absolutely. The problem (in my post) is if he only gets the 4 years, or heaven for bid only the 2 years. Even if he has $1 mil saved - he shouldn't touch any of the retirement vehicle money (a very high chunk of it) until he's 59.5.

But its definitely not lasting the rest of his life. I'm a self proclaimed *and also by a lot of friends/family* a personal finance "expert" - and i put that in quotes because while I am in in the insurance biz and licensed in insurance - i am not licensed in any sort of financial planning outside of life insurance - but i also wouldnt charge nor pay exorbitant fees for a financial planner.

There are so many emotional factors when it comes to money. Its a math game plus so much more. And when you give kids a huge amount of it but its only for a very short time - its really hard to make last. The sudden paycut (whenever it happens) and I see some pension posts later in this thread (they cant access that money at 35 or 25) is almost impossible to really plan for emotionally.

And even with a degree - its not going to be that easy for a 30 yr old with no real life experience getting a job paying even $100k. And unless you lived on 70k *post tax* salary while playing in NBA and making $1.2 million - its really hard to comprehend the severe difference. Especially if he buys a home(s) or nice car(s)
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