The Most Important Off-Season Financial Moves | Aaron Goldberg
As we enter the final week of events on the calendar and most golfers starting their off-season, we also are entering a pivotal time of financial planning for pro golfers.
PGA Players Podcast · Aaron Goldberg, AWM Capital
Audio is streamed directly from the publisher (media.transistor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
With the PGA Tour calendar wrapping up this week and players are heading into the off-season, now is a pivotal time to take advantage of potential tax planning opportunities for this year and dive into financial planning for 2021 and beyond.
As you’re setting up your off-season plans with your swing coach, trainer, and on-course team, now is also the time to check in with your wealth management team. You’re making plans to set yourself up for success on the course next season; why not take the time to review your financial plans as well?
In this week’s episode of the PGA Players’ Podcast, I discuss the important steps you should be taking in the off-season to wrap up this year and prepare yourself financially for the New Year, so you are free to focus on what really matters: winning PGA Tour events.
Key Topics Discussed:
- (1:11) the importance of year-end planning for pro golfers
- (1:35) The equation for high end performance
- (1:53) Tax planning at end of the calendar year including retirement plan contributions, corporation filings, and more.
- (3:21) Setting yourself up for financial success next year
- (4:53) Communicating personal expenses and goals
- (5:49) How much are you spending? Building a sustainable lifestyle
- (7:12) Leaving a legacy through charitable planning
- (8:38) Human capital and maximizing sponsorships
- (10:45) Putting together an off-season financial plan