Beruflich Dokumente
Kultur Dokumente
PRESENTATION
Presented by:
Khounma Mounsamlouath
My Inquiry Topic:
What difficulties do professional athletes face when transitioning into
retirement?
Financial Challenges in
Retirement:
Financial mistakes are often made during athletes peak incomeearning years in their playing careers
They must try not to live beyond their means, maintain a budget,
and have a long-term savings plan
It is difficult to save money in a short amount of time, considering the
average career for an athlete spans from 3 to 5 years
Sports leagues offer pensions to athletes after a certain period of time
that they spend in the game
Athletes may encounter investment scams during their retirement
Emotional Challenges in
Retirement:
The dramatic not to mention traumatic change in lifestyle can
affect [athletes] deeply, leading to all kinds of problems both mental
and social. Andrea Firth-Clark, leading sports psychologist
Loss of identity following retirement
Tunnel vision syndrome Athletes who have been conditioned to
see personal success through the lenses of training, competition and
results
Reduction in serotonin [chemical that contributes to wellbeing and
happiness] after athletes are deprived of emotional highs of elite
performance
My Writing Process:
Brainstorming
Emotional challenges
Loss of identity
Financial challenges
Declining income
Savings/pensions
Social Security
Medicare
Whats next?
Finding new passions
Revision
Emotional challenges
Financial challenges
Loss of identity
Savings/pensions
Social Security
Medicare
Critical reading
Knowledge of conventions