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U a clown the average person in the hood don’t accumulate or spend a million dollars in they life time if u had a million and lived in the hood and nobody knew u was a millionaire and u live like u not a millionaire it cud last ur life time
This is not just applicable to the NBA, but all professional sports... I saw a stat back in 2015-2016 that said 80% of NFL players are broke 2 years after retirement... I then saw a separate stat that said 80% of NFL players are divorced 2 years after retirement... Back then I felt like I was the only person who saw the correlation, because no one else would admit it. When the money leaves, so do the women
These guys choose the wrong women to start with. These women have no income of their own and are solely dependent on them to provide the lifestyle. You will go broke doing that
@@Escobaz96 Good question... Considering the number of women today who refuse to 'settle' for anything less than a 6'5" millionaire who males at least 500k/yr, I tend to believe the drop in income came first
@@Escobaz96yes ive said this way back in high school when I found out the correlation, getting married is the worst financial decision you can make, for RICH OR AVERAGE MEN💯
No reason?? Anton likely spending that money for business ventures. He probably bringing in triple what he’s spending. You gotta shift your mindset everyone expenses are different when you touch a certain bracket.
@@Nanovor4444exactly. Mfers acting like they’ll be making Millions with the same Broke spending habits, is exactly what Anton was talking about…and ironically could tell who has ever touched any significant amount of Money.
You can stretch a million if you put it in an annuity. You can receive about 5 thousand per month for around 20 years, but Anton is right it won't last forever.
Depends on how you invest it. I think what the guys was telling Anton is that they would invest in real estate and stocks and let it grow overtime. They would still have to work and what not but their millions will continue to grow overtime. They just need to hold and not sell while the market is down. This particular person will retire a multimillionaire! Anton was thinking dude was saying he would just take the million and just live off of it. Unless you’re 80, that’s not happening!
It's easy unless tragedy strikes. You can buy a subway for $200k that makes $60k a year. You can get a few of them & have a great disposable income with hundreds of thousands still put up
@@MrRepsMrRepsYup . It’s that simple just think even if you made 1 million a year . You could just live off like 100k-200k a year and save or invest the rest. With 200k a year you can live pretty decent.
We survive without a million our whole life. From a job for 25-35 years. You can down grade your life to the basics. The problem mainly becomes people want to live where the action is. You can live in smaller towns 90k can get you a very decent house. Mainly more people make the more they spend. Then you have to maintain that lifestyle which is costly. Not saying you going to life like Jay-z but you can have a decent life😊
Anton respectfully, your overhead ain't the same for someone who has a plan and lives modest..to say we are lost definitely shows you lost touch with reality, get money I get it, but your ego clouds your message at times..
He actually spoke a lot of truth.. ppl who ain’t had money have never really experienced the TRUTHS of living LIFE.. they living in a fairy tale world.. they try to tell the common man.. more money more problems.. sometimes poor ppl have everything that the rich man envys
@@Danthomas829Not fairy tale if ppl living it. The Fairytale is spending millions because most ppl don't achieve that. Like I said in my statement before, is he from money? Born with it? No, then he at some point was living regular like most ppl.
As Blacks in this country, our priorities keep us from growing mentally, physically and financially. Roger Staubach's highest salary while he played was around $160K. Which means, he probably took home $75K a year. Note, this was only one year he made this high amount. Today, Staubach is worth over 600 million dollars. Also, he's still w/ his 1st and only wife. He's 82 years old and still going strong. So you're telling me, you cleared 1.5 million in a year, can't find a way to flip that into generational wealth, but Staubach parlayed $75K a year, into a 600 million net worth? Mane c'mon! C'mon mane!
@@faitaccompli5878 300K today is league minimum... Point is, he didn't just accept his situation and spent money on "switches" and "pros" like most of us do. He married young, and started building an empire.
@afterhourswithad average Americans make 25,000 annually which is 1M in 40 years at a Job before taxes. So there's people surviving with way less. No you can't live a ballers life off 1M but you can certainly maintain a life in that amount. There's people who never make a million dollars their whole life
Million can last you at least 5-10 years.. Spend $70-100k... Have to disagree with you Ant on this one.. Keep working, use your down time to learn a trade, cook most of your meals, gym membership, and stay out the way..
EXACTLY! Making the million last doesn’t mean I up and stop working. That nothing I currently own is gonna last until I’m dead. To think I couldn’t make a million last until I’m gone is insane to me.
You can easily make a million dollars last your life, y’all just waste money on a lot of material shit that doesn’t matter. Y’all bills increase as your money increases, it’s not cap, you just like the quote on quote finer things and that’s cool but not everyone needs Gucci and all that bullshit, it’s some people making 100 grand a year that have more disposable income than people making a million a year. Lifestyle plays a big part in how you spend and how you save and what matters to you.
That’s the life of someone in the top 0.01%. His comments aren’t realistic. If an average person can live off of the $50k that they make annually, they can absolutely live for decades if a million is dropped into their bank account. $50k per year with a regular job, plus an extra $2-3k per month from a payout from an annuity, means that they can live comfortably, vacation multiple times per year within the US for a week at a time. Finance a luxury car if they want. It isn’t complicated. Living off of a million dollars is absolutely doable for nearly 100% of all people on this planet.
@@Godsbackhand7what you’re missing is that having more money expands your mindset. The average person who makes $50k a year is not going to get $1 million and still live like they only make $50k a year. It takes an incredible amount of discipline to not expand your lifestyle as your money expands. Money brings options, and to assume that a person making $50k year is just going to deny themselves all of those new options is a little naive Because I guarantee you that person making $50k a year has a list of things that they wish that they could do, places they could go, experiences that they could have…that all seem to be possible with $1mil
Anton is moving the goal post on his viewers with this video. I'm not interested in hearing the money you make, I tune in for how you move & your character as a man. Keep up the great work!
The only NBA players that don’t go broke have educated men around them who give them good advice. Shaq for example being a Mason is a big reason for him keeping his wealth. All his brothers made sure he made smart investments and gave him good connections.
@@369pendulum I can name literally hundreds of famous masons from Rap(Rick Ross) to movies (Clint Eastwood, John Wayne) to comedy (Richard prior) to politics ( Harry Truman, Jesse Jackson) to technology (Steve Wozniak Apple computers) and I can go on and on and on. Connections get you further than raw talent. Especially when it comes to money and fame. Part of being a Mason is that you have to hire a fellow brother over anyone else regardless of how qualified the other person is the Mason will always get the job over a non-Mason.
A million can last me the rest of my life because I don't have the overhead that many people have. I live within my means and don't spend alot on luxury goods. I can get 5% on a million annually that's enough for me
I can honestly say I’m an average Joe. My business has made 2 million a year for about 3 years straight. A million dollars is not a lot to live off forever anymore unfortunately. My Expenses per year is 6 figures
Don’t know what life is like until after spending 2 mil? I had to rewind it to hear it again. 😂 This is the most detached statement a man with money has ever said.🤣
Exactly, they still are tone-deaf to the lives of everyday people and will try to continue with what they knew all along would be a temporary situation instead of facing a new reality. It is not a good look.
@@scottgibson6022 I don’t think the point is to appeal to everyday people. It’s for people who either live like this or aspire to. So in that case it isn’t tone deaf at all
Anton is wrong, you can make 1m last a lifetime. Put it in the SP500 then live off the interest in another country. You can live in luxury in Asia and South America and Eastern Europe and Africa. Even at 8 percent 9 percent growth.
8 percent growth? lol That's wishful thinking. If you have plan on living abroad in retirement, it's not even about practical living anyway. That's more of a plan of single or divorced guys looking for companionship in their elder years.
This is another reason why LeBron the 🐐. He has already set himself up for after retirement. Became a billionaire. Still a family man. Has an actual loving wife that he been with since highschool. He always giving back to the community, and haven't been in any scandals.
Kudos for LeBron's forethought, but anyone, NBA player or not, can do that sort of planning if they have discipline and responsibility. Nothing to do with his basketball acumen.
Bro you a real one, what you mentioned about NBA players in these podcast is the truth. It shows the lack of creativity and planning. It's like come on, you made millions and the only thing you can think of is a Podcast? You're natural with it, not only you're entertaining , but you learn a lot from your information. You help men stay sharp about life and business. You let us know what's going on around the world and country. How many times do we want to hear about Michael Jordan or some old school classic game? Keep doing you're thing bro, I love your shows Peace King.
Podcasts wherein retired and/or current players persist in reminiscing about their lifestyles are a dead end and a disservice to their actual fans. They need to grow up and move on.
Manage your output. Anton has huge resources going out compared to the average person. If you are still producing income and investing. Keeping your expenses low/living below your means. You can hold on to the money and grow it.
The biggest expenses you cant escape is taxes and home. You cant live in a regular spot to save money. It's not safe if you have any notoriety in this day and age.
@@sky1luv793 why would they have to go to the hood. They can go from a wealthy neighborhood to a suburban neighborhood with no problem. $2k mortgage in a decent neighborhood would be great and comfortable. And they will have no problems or stress.
@Godsbackhand7 I'm from NYC regular houses go for 800K. Regular is the hood. You're fine to live there if you're a regular person. But of you're rich and famous you have to move to an elite neighborhood. There were millionaires that were in the neighborhood I grew up in, but it wasn't common knowledge. Can't do that if you're famous. Spike Lee had that problem living Brooklyn. Too many random people were just showing up. He lived in a nice part of Brooklyn, still the hood. Wifey told Spike it's not safe for us to be here. They moved. A whole bunch of NYC celebrities had to do the same thing. Can't live a modest life even if you wanted to.
$1M ?! I been an operator engineer for 27 years I barely made over $1000,000.000. $130,000 would pay both of my house and all of my depth...With $970,000 I probably can lead the rest of my life at the age 50. I don't care about those expensive houses and cars.. in Akron, Oh I know for facts.
If the home was purchased and money set aside for taxes, for a person that simply works a minimum wage job, $1 million will last to the estimated life expectancy for most people. It isn’t complicated. Only idiots with a million dollars can possibly go broke. You have to put in work to go broke.
There's a COST associated with your "decisions" making. Whether it is an " opportunity" cost or a " Sunk" cost. Meaning the decision you make today will have either positive or negative consequences in your future in terms of your : a) relationship b) finances c) legacy. There's a saying in playing chess: " You must think before you make a move, as each move counts in making you closer to winning or losing"
I believe you had to play for at least 10 years in order to qualify for the insurance at the retirement! It’s a player right now who played nine years who is trying to get signed for one more year so his family could get the insurance for retirement
If you are working, already have a home and a car, and you living comfortable, a million can be divided up into 50K a year for the rest of your life. Just because you spend 2 mil a year, everybody don't need or have to live at that level.
Gotta respect Stephen Jackson. Dude wanted his woman to sign a prenup and she kept putting it off and putting it off. It was the day of the wedding and she went into some big tirade about how if he loved he she shouldn't need to sign it. Jack was a smart man and walked away, right then and there.
Tom is the perfect example....now that he's retired what are women gonna want him for???????YES HIS MONEY...He ain't playing football??? He gonna be like micheal.jordan and
Larry Bird was a businessman in his playing days just like now. Whenever he passes financial advice, it's wise to listen and take heed. The amount of money 💵 wasn't the same as today as of pay. The players did decent, but things needed to change. But, at the same time, the players need to change their habits in order to be able to make it in life after pro sports. 🏀🏈⚾️💵💯
You can survive, track the s and p 500 and live off 4% of the return good or bad. You can live a comfortable life with a million. Not extravagant, comfortable. The average person isn’t making six figures and spending six figures every month. Stop it.
My nephew is an NBA All-Star. he may have covered this,Or I may have missed hims aying this,NBA players have to pay state taxes in the city they go to play,Peopel get it confused that these players in the cities as a job so they have to pay state taxes for the exception of Texas,soon Nevada and other non state tax cities.
When you’re an NBA player or rich athlete or businessman. Having something as trivial as a wife is pure foolishness. But they influence you have a wife because they say it makes you look more “trustworthy, responsible, and stable”. When in reality it makes you more controllable and vulnerable.
This is True! But it’s exactly the same in Corporate America. You can’t rise without a wife and part of the vetting to advance a Man on the job is bosses knowing a Married Man with big expenses, a wife? A family and a big mortgage? All means it’s easier to control Him because he’s got too much at stake not to fall in line and do their bidding. Shady and otherwise.
Not if your marriage is based of the right stuff. I take my orders from God, I am the head, my wife is under me, and the children are under her. To me this statement can’t be further from the truth. If your marriage is BASED off something other than this, I see how you can say it would be foolish!
@@propermanagement1463 I completely understand and support the Biblical definition and structure of marriage. But when youth,luxurious living, millions of dollars, temptation everywhere you go, access to everything your eye can want, and your vows constantly being challenged. This can make a heavy storm for any marriage to make it through unscathed. Yes anything is possible with God. But Mammon is a force to be dealt with……Even for a marriage.
Dude lying like a MF. He def ain’t spending that much money. Ask him what he’s spending it on. Tell him to give you a breakdown, I bet he can’t. I’m sure he’s trying to sell people on buying his course. 😂
A million dollars can lasts if you invest wisely! First off don’t quit your job!!!! Invest that nest egg so it generates compound interest! Depending on how much dividends you get you can either live off the interest or reinvest to…. Bam compound your interest income! No frivolous spending on superficial crap and your million dollars can last!
Derek Jeter was probably one of the smartest athletes.Had no girlfriends,wives or kids all those years with the Yankees till he retired.Then he got married
A million dollars is nothing yet when I say it in real time commoners think I’m crazy bc “yes” we did grow up in the hood! But yet my life is vastly different! ✌🏽
If I had a million after taxes I could make it stretch for sure! But I wouldn't quit running my company and doing what I do. My biggest expense would be the land I would buy out in the country.. After that I could pay the taxes up for several years and keep running my business strong. I would be good.
facts bro only viewing it in terms of his lifestyle. 1 mill all at once liquid is enough to live off as an individual in MY state. Wont be balling but thats enough to have a 2-bedroom home and 1-2 reliable cars all payed off. around 250k for bills from 30-75+ years old. Its def possible
Serious question, what are you spending money on each month to total over 100 K? I’m assuming you’re not talking investments because investing is not spending.
They aren’t married to the right people. My question was that arrangement a part of the contract. Aren’t we hearing how some of these relationships were fake. Even the kids, the truth will come out.
How many of these players do and buy things for status and to hide their insecurities? The major sports league all do rookie symposiums and bring in former players and investors to help the young players. Many rich people never flaunt their wealth with expensive cars, clothes, jewelry, etc... Whereas a lot of players do and sometimes don't listen to old heads and then become victims when the fun is up. Why live only for the moment and beyond one's means? How about getting a new career after the time in the league is over?
I agree with Anton because most people never even had 100k at once let alone a million so they don’t really know what real money is and once you touch a lot of money like a million your spending habits will change
For a regular person, if you own your own home, own a vehicle that is no more than five years old, you can absolutely make a million last 15-20 years, easy. It can get harder, depending on your needs, but the average person only spends $30-40k per year. If you have the million in the bank and continue to work until the age of 65, you can absolutely live comfortably until 85.
The idea that you have $147K in personal expenses is cap. There's no way. A $5M house is only about $25K per month mortgage. A nice vacation to the Bahamas is like $15K-$30K. WTF are you spending $150K per month on? Dude is trying to conflate business expenses with personal expenses and act like he's slick.
@ShadowBrave21 don’t have it sit in the bank it loses value. Even watching Anton videos you know not to do that. You put in a brokerage account so it can keep up with the rate of inflation
It only takes one life event to hit you and if you make money that puts you in that top 10% of earners it can go quick. Since 2000 we had 9/11, the Virus Pandemic, the Housing Crisis, Bernie Madoff, Enron, and others that could have cost you everything, so if you’re doing well right now just wait. Life events can take anyone out.
I disagree on that $1M thing simply because it’s easy to say that you can live on that for the rest of your life until you’re in that position & now you actually got the options & resources to get things or do things that you couldn’t do on $75K a year.. Most people aren’t disciplined enough to actually do it
Yes sir... we're broke... that's "why" we watch this channel. 1,000,000 @ 5% = $1,050,000. If you can live of, or take out distributions of $50,000 a year, you're set for a lifetime if your investment returns are @ 6%. Maybe the wording... trying to live off that ammount, as an absolute, could be impossible for some. But, if you keep working innany regular job and don't want to be like Anton... It will last forever.
Goes to show a lot of women are only their for the coins. Once that goes they go. One lady told me the bigger the diamond the bigger the commitment. That says it all.
I'm hearing this dude talk about he spent 100k and spending 1mill every few months. Bro you got bad spending habits and no way you can convince any of us otherwise. I make that type of money in Real Estate, investments, and I'm a financial advisor. I was interested in yir channel untilthr foolery started
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U a clown the average person in the hood don’t accumulate or spend a million dollars in they life time if u had a million and lived in the hood and nobody knew u was a millionaire and u live like u not a millionaire it cud last ur life time
Lol, yo if I’m an athlete, I’m starting a podcast too, why I’m a sit back and watch other mfs get rich talkin bout me when I can do it myself 🤷🏾♂️
Send me the bank statements that phone didn't show us anything
Billion dollars last you for rest of your life 😂not a million
This is not just applicable to the NBA, but all professional sports... I saw a stat back in 2015-2016 that said 80% of NFL players are broke 2 years after retirement... I then saw a separate stat that said 80% of NFL players are divorced 2 years after retirement... Back then I felt like I was the only person who saw the correlation, because no one else would admit it. When the money leaves, so do the women
Or was it the divorce that is making them broke 🤔
These guys choose the wrong women to start with. These women have no income of their own and are solely dependent on them to provide the lifestyle. You will go broke doing that
@@Escobaz96
It’s the women that is making them broke
@@Escobaz96 Good question... Considering the number of women today who refuse to 'settle' for anything less than a 6'5" millionaire who males at least 500k/yr, I tend to believe the drop in income came first
@@Escobaz96yes ive said this way back in high school when I found out the correlation, getting married is the worst financial decision you can make, for RICH OR AVERAGE MEN💯
Professional athletes shouldn’t get married until after retirement!
EXACTLY
So true. And don't make a bunch of babies before then.
Derek jeter did that shit
The owner of the Carolina Panthers warned his players that thier biggest financial loss would come with a divorce
Facts
Bro tripping, no reason for me to spend 150k in a month. . You crazy AF... Speak for yourself homie.... Everyone else don't have anything to prove,...
No reason?? Anton likely spending that money for business ventures. He probably bringing in triple what he’s spending. You gotta shift your mindset everyone expenses are different when you touch a certain bracket.
150k on reinvesting into yourself and businesses isn’t bad at all. Use some sense
@crip34983 did he say he's spending money on business? No he said that's his personal spending money aka not business. ..
@crip34983 tell anton that not us 150k is way too much in one month 20 or 10k is still too much
@@Nanovor4444exactly. Mfers acting like they’ll be making Millions with the same Broke spending habits, is exactly what Anton was talking about…and ironically could tell who has ever touched any significant amount of Money.
You can stretch a million if you put it in an annuity. You can receive about 5 thousand per month for around 20 years, but Anton is right it won't last forever.
Depends on how you invest it. I think what the guys was telling Anton is that they would invest in real estate and stocks and let it grow overtime. They would still have to work and what not but their millions will continue to grow overtime. They just need to hold and not sell while the market is down. This particular person will retire a multimillionaire! Anton was thinking dude was saying he would just take the million and just live off of it. Unless you’re 80, that’s not happening!
It's easy unless tragedy strikes. You can buy a subway for $200k that makes $60k a year. You can get a few of them & have a great disposable income with hundreds of thousands still put up
That’s what A.I wife did and that’s how he still got his money now.
@@danielsosanya1381Wow great idea, have they wife running it, instead of shopping
Shaq is heavily invested in annuities.He will never run out of Money 💰 🤑
Anton, you lost touch with what $1 million can do for average person, especially if they are frugal and look at things from a business perspective
If I CONTINUE to work. That 1 million will last me the rest of my life.
No he hasn't. Wait till that frugal person sees a Benz he can afford! Don't worry. I'll wait
wouldn't even need to be frugal either.. People just be doing too much and trying to show off...
@@chinagozinwankwo That still does not make sense. I'll never buy a benz because they come with a lot of problems. Not everyone likes a benz.
Being frugal because have to but when that mil hit the account then you being frugal is gonna be different. You not doing the 4 for 4 forever
The only NBA players that don't go broke after retirement are the ones that continue working. Yesterday is not today
facts
Actually, it's the players who live off a percentage of their salaries during their playing years.
@@MrRepsMrRepsYup . It’s that simple just think even if you made 1 million a year . You could just live off like 100k-200k a year and save or invest the rest. With 200k a year you can live pretty decent.
They play basketball for a living! What you expect… Still, even with the NBA money…There not working a 9 to 5.. The going broke narrative is old.
We survive without a million our whole life. From a job for 25-35 years. You can down grade your life to the basics. The problem mainly becomes people want to live where the action is. You can live in smaller towns 90k can get you a very decent house. Mainly more people make the more they spend. Then you have to maintain that lifestyle which is costly. Not saying you going to life like Jay-z but you can have a decent life😊
Anton respectfully, your overhead ain't the same for someone who has a plan and lives modest..to say we are lost definitely shows you lost touch with reality, get money I get it, but your ego clouds your message at times..
Facts
Smh...all this dude do is brag. What has he done for yall? Im out.
@@beyondreality8506 he gives valuable advice. Now take yo ass on out and don't let the door hit u where the good lord split yo emotional ass 😂
💯% agree
Most people don’t know what life is like cause they haven’t spent 2M?? So 98% of people don’t know what life is like? lmao
FACTS!
😂😂😂 for real
Facts
He actually spoke a lot of truth.. ppl who ain’t had money have never really experienced the TRUTHS of living LIFE.. they living in a fairy tale world.. they try to tell the common man.. more money more problems.. sometimes poor ppl have everything that the rich man envys
@@Danthomas829Not fairy tale if ppl living it. The Fairytale is spending millions because most ppl don't achieve that. Like I said in my statement before, is he from money? Born with it? No, then he at some point was living regular like most ppl.
As Blacks in this country, our priorities keep us from growing mentally, physically and financially.
Roger Staubach's highest salary while he played was around $160K. Which means, he probably took home $75K a year. Note, this was only one year he made this high amount. Today, Staubach is worth over 600 million dollars. Also, he's still w/ his 1st and only wife. He's 82 years old and still going strong.
So you're telling me, you cleared 1.5 million in a year, can't find a way to flip that into generational wealth, but Staubach parlayed $75K a year, into a 600 million net worth?
Mane c'mon! C'mon mane!
$75k back in Roger Staubach's day, is the same as 300k today.
@@faitaccompli5878 300K today is league minimum...
Point is, he didn't just accept his situation and spent money on "switches" and "pros" like most of us do. He married young, and started building an empire.
Better than Brady Staubach born in a different era.
@@faitaccompli5878Staubach also built a real estate firm when you could buy a nice house for 40k lol
@@faitaccompli5878still way less than the average nba salary
Not everyone wants to live a life of luxury I can make a million last 10 years, 15 if I’m being strategic, I’m a simple dude 🤷🏾♂️
Bro you are humble bragging. If you spent 15000 a month obviously that’s not the norm. Most people don’t make that a year.
Which is why the goal isn't to work for someone else. Working for someone is should be the launching platform to working for yourself
Nobody cares how much money you make, bruh... Just react to the video... Damn..
Suck my...
He can’t help it 😂
He ain't making that shit! He's lying
This dude say suck his...? SMBH! 🤣
😂😂😂😂
Usually people who are spending 2 million dollars a year ain't telling nobody, not even to make a point. Stop it dude.
😂 jealous as hell
...dumb as hell. @@afterhourswithad
@afterhourswithad average Americans make 25,000 annually which is 1M in 40 years at a Job before taxes. So there's people surviving with way less. No you can't live a ballers life off 1M but you can certainly maintain a life in that amount. There's people who never make a million dollars their whole life
You cap Fam…
Bet you broke asf…..
Million can last you at least 5-10 years.. Spend $70-100k... Have to disagree with you Ant on this one.. Keep working, use your down time to learn a trade, cook most of your meals, gym membership, and stay out the way..
EXACTLY! Making the million last doesn’t mean I up and stop working. That nothing I currently own is gonna last until I’m dead. To think I couldn’t make a million last until I’m gone is insane to me.
Main thing is keep working.
You can easily make a million dollars last your life, y’all just waste money on a lot of material shit that doesn’t matter. Y’all bills increase as your money increases, it’s not cap, you just like the quote on quote finer things and that’s cool but not everyone needs Gucci and all that bullshit, it’s some people making 100 grand a year that have more disposable income than people making a million a year. Lifestyle plays a big part in how you spend and how you save and what matters to you.
Have you done the math?
Facts!!!
@@marleyjanim5033 most people don’t even make 40000 a year. So times 35000 times 40.
I mean if you buy a small property in a rural coal mine town in west Virginia, then sure.
Dude you only saying that because you never seen a million dollars. Every lottery winner said the same thing before they won the lottery.
Anton be working this TH-cam hustle. Lifestyles are subjective, cost of living varies
Why we can’t support one another rather then talk down on each other
Support ignorance by your damn self
A million dollars every few months is crazy. That's not a life most of us even care to live.
That’s the life of someone in the top 0.01%. His comments aren’t realistic. If an average person can live off of the $50k that they make annually, they can absolutely live for decades if a million is dropped into their bank account. $50k per year with a regular job, plus an extra $2-3k per month from a payout from an annuity, means that they can live comfortably, vacation multiple times per year within the US for a week at a time. Finance a luxury car if they want.
It isn’t complicated. Living off of a million dollars is absolutely doable for nearly 100% of all people on this planet.
@@Godsbackhand7 big facts 👌🏽
@@Godsbackhand7what you’re missing is that having more money expands your mindset. The average person who makes $50k a year is not going to get $1 million and still live like they only make $50k a year. It takes an incredible amount of discipline to not expand your lifestyle as your money expands. Money brings options, and to assume that a person making $50k year is just going to deny themselves all of those new options is a little naive
Because I guarantee you that person making $50k a year has a list of things that they wish that they could do, places they could go, experiences that they could have…that all seem to be possible with $1mil
Anton is moving the goal post on his viewers with this video. I'm not interested in hearing the money you make, I tune in for how you move & your character as a man. Keep up the great work!
💯
He be doing extra ish at times 😆 but definitely needed on TH-cam
He ask the guest the other day. Do you want to see the million I made on TH-cam. They both said no but he ask like 5 more times. It was unnecessary.
Ayo you have officially taken over the algorithm on TH-cam. I've watched 12 videos so far since yesterday. Amazing!!! 😂✊🏽
The only NBA players that don’t go broke have educated men around them who give them good advice. Shaq for example being a Mason is a big reason for him keeping his wealth. All his brothers made sure he made smart investments and gave him good connections.
@@369pendulum I can name literally hundreds of famous masons from Rap(Rick Ross) to movies (Clint Eastwood, John Wayne) to comedy (Richard prior) to politics ( Harry Truman, Jesse Jackson) to technology (Steve Wozniak Apple computers) and I can go on and on and on. Connections get you further than raw talent. Especially when it comes to money and fame. Part of being a Mason is that you have to hire a fellow brother over anyone else regardless of how qualified the other person is the Mason will always get the job over a non-Mason.
He’s Black Boule
Facts.
A million can last me the rest of my life because I don't have the overhead that many people have. I live within my means and don't spend alot on luxury goods. I can get 5% on a million annually that's enough for me
also if you can live over seas. it would be even more easier.
Yes true
Having a solid plan....
.5% of 1.5 million = 7500.00 monthly
75,500.00 annually
I can agree. My overhead low. I own everything outright, home included, no kids . I like the simple life.
That’s why they shouldn’t get married or have kids till they retire.
Facts I wouldn’t get married, I have the most money that I will ever make and I’m risk that by getting married
Indeed.
Most exit the league mid thirties.
I can honestly say I’m an average Joe. My business has made 2 million a year for about 3 years straight. A million dollars is not a lot to live off forever anymore unfortunately. My Expenses per year is 6 figures
Your business makes 2 million. How much does it pay you ? 🤔
You are not an "average Joe" w/ 6 figure expenses.
@@MrRepsMrReps real number about 350 a year.
@truckingblueprint5007 that's about 17 percent 👍 good numbers. I hope you can save more than 20 percent of that a year
I’m get a coaching call with @antondaniels so I can make my money work better for me
Thanks for your transparency
Don’t know what life is like until after spending 2 mil? I had to rewind it to hear it again. 😂 This is the most detached statement a man with money has ever said.🤣
Exactly, they still are tone-deaf to the lives of everyday people and will try to continue with what they knew all along would be a temporary situation instead of facing a new reality. It is not a good look.
@@scottgibson6022 I don’t think the point is to appeal to everyday people. It’s for people who either live like this or aspire to. So in that case it isn’t tone deaf at all
Anton is wrong, you can make 1m last a lifetime. Put it in the SP500 then live off the interest in another country. You can live in luxury in Asia and South America and Eastern Europe and Africa. Even at 8 percent 9 percent growth.
8 percent growth? lol That's wishful thinking. If you have plan on living abroad in retirement, it's not even about practical living anyway. That's more of a plan of single or divorced guys looking for companionship in their elder years.
Depends, how much would you allocate annually?
@napalmjames7858 the SP 500 has grown on AVERAGE 10 percent for over 100 years. Nice try tho learn math next time
@@napalmjames7858s&P is up 5%….. and it’s only February
I'm Nigerian. Good luck with going to Africa with that money🤣🤣
This is another reason why LeBron the 🐐. He has already set himself up for after retirement. Became a billionaire. Still a family man. Has an actual loving wife that he been with since highschool. He always giving back to the community, and haven't been in any scandals.
Kudos for LeBron's forethought, but anyone, NBA player or not, can do that sort of planning if they have discipline and responsibility. Nothing to do with his basketball acumen.
Bro you a real one, what you mentioned about NBA players in these podcast is the truth. It shows the lack of creativity and planning. It's like come on, you made millions and the only thing you can think of is a Podcast? You're natural with it, not only you're entertaining , but you learn a lot from your information. You help men stay sharp about life and business. You let us know what's going on around the world and country. How many times do we want to hear about Michael Jordan or some old school classic game? Keep doing you're thing bro, I love your shows Peace King.
Podcasts wherein retired and/or current players persist in reminiscing about their lifestyles are a dead end and a disservice to their actual fans. They need to grow up and move on.
If $1M is not enough to last the rest of your life, you have a behavior problem--not money.
LOL...."she don't even like you"!! that was killa... had me rolling.. lol
You can definitely make 1 million last a lifetime.
Key word plan & a backup plan
Depends
How much would you allocate annually
Manage your output. Anton has huge resources going out compared to the average person. If you are still producing income and investing. Keeping your expenses low/living below your means. You can hold on to the money and grow it.
If you can get a 4 percent return on investment and live like a regular person (drive a Kia) you could definitely live off a million for live.
Yeah if you don’t spend it. I can also make a dollar last a lifetime lol
The biggest expenses you cant escape is taxes and home. You cant live in a regular spot to save money. It's not safe if you have any notoriety in this day and age.
If you quit stoking it and trying to live off of it, your "notoriety" will quickly fade. It is your choice. Choose wisely.
@scottgibson6022 no professional ball player can live in the hood. You're just putting yourself and family in extra danger.
@@sky1luv793 why would they have to go to the hood. They can go from a wealthy neighborhood to a suburban neighborhood with no problem. $2k mortgage in a decent neighborhood would be great and comfortable. And they will have no problems or stress.
@Godsbackhand7 I'm from NYC regular houses go for 800K. Regular is the hood. You're fine to live there if you're a regular person. But of you're rich and famous you have to move to an elite neighborhood. There were millionaires that were in the neighborhood I grew up in, but it wasn't common knowledge. Can't do that if you're famous. Spike Lee had that problem living Brooklyn. Too many random people were just showing up. He lived in a nice part of Brooklyn, still the hood. Wifey told Spike it's not safe for us to be here. They moved. A whole bunch of NYC celebrities had to do the same thing. Can't live a modest life even if you wanted to.
$1M ?! I been an operator engineer for 27 years I barely made over $1000,000.000. $130,000 would pay both of my house and all of my depth...With $970,000 I probably can lead the rest of my life at the age 50. I don't care about those expensive houses and cars.. in Akron, Oh I know for facts.
Imagine what the bench guys making the league minimum go through. It has to be like a crash landing when they retire
Some of us been with our girl when we was dead broke and we still got ‘em 💪🏾😎
“I’m not checking for Dwayne Wade” BIG FACTs
He sold out his whole fan base
😭😭😭😭😭😭
It is difficult to understand how the NBA players go broke with a very good salary. They must be spending money without thinking.
Finally, someone tells the truth. If you don't earn another penny, $1M won't last more than 15 or 16 years.
If the home was purchased and money set aside for taxes, for a person that simply works a minimum wage job, $1 million will last to the estimated life expectancy for most people. It isn’t complicated. Only idiots with a million dollars can possibly go broke. You have to put in work to go broke.
This is the greatest discussion ever
There's a COST associated with your "decisions" making. Whether it is an " opportunity" cost or a " Sunk" cost. Meaning the decision you make today will have either positive or negative consequences in your future in terms of your : a) relationship b) finances c) legacy.
There's a saying in playing chess: " You must think before you make a move, as each move counts in making you closer to winning or losing"
Tom Brady is a terrible example. His wife was worth more than he was. Also she left him because she wanted him to retire way sooner than he did.
Lmao! His wife was never worth more than him.
@@501Caution At one point yea she was.....Giselle was a top of the line supermodel already and had brand sponsorship as well.
@@jman1562001 Compare that to 7 Superbowl titles 5 Superbowl MVPs! 3 regular season MVPs! Beauty fades theses numbers don't!
@@jman1562001since coming back , what is she worth now? Where is Tom now? You know who lost and the wall is fast approaching!
Facts!!!!👍🏽
The part regarding wives and women starts at 12:30
If I had a million dollars , I probably would be scared to spend it 😂😂😂
I believe you had to play for at least 10 years in order to qualify for the insurance at the retirement! It’s a player right now who played nine years who is trying to get signed for one more year so his family could get the insurance for retirement
Gotta say that’s some real Game you kickin’ right chea mane😂😂😂 Y’all better catalogue 💯💪🏾
If you are working, already have a home and a car, and you living comfortable, a million can be divided up into 50K a year for the rest of your life. Just because you spend 2 mil a year, everybody don't need or have to live at that level.
You don't know 1 million can last someone a lifetime there lifestyle not like yours you can't say that you capp
How much would you allocate annually?
I turned it off when i heard this part 6:21 😒....Ninja shutup🤣🤣
You should have kept watching... I always show receipts
@@afterhourswithad So your telling me you spend 12million Dollars a year???
@@Thebulbacardidid you watch the whole video yet?
@@marleyjanim5033 Nope
My fault he said every 4-5 months so 4×3 is 12....????....But still😒
Gotta respect Stephen Jackson. Dude wanted his woman to sign a prenup and she kept putting it off and putting it off. It was the day of the wedding and she went into some big tirade about how if he loved he she shouldn't need to sign it. Jack was a smart man and walked away, right then and there.
Lmao you not stretching 1M to life. 😂 😂 😂
Podcast game definitely over saturated
Wrong 🤦🏾♂️….Tom Brady wife wanted him to retire…she asked for divorce when he un-retired
Tom is the perfect example....now that he's retired what are women gonna want him for???????YES HIS MONEY...He ain't playing football??? He gonna be like micheal.jordan and
4TO6 YEARS AFTER YOUR AVERAGE NBA PLAYER HAS RETIRED HE IS BROKE NO CAPPING
If he said that 50 years ago. Then yes you could live off a million dollars for a lifetime.
Other players shoulda listened to Larry Bird. He was wise about his money and tried to pass on some financial wisdom to younger players.
What did he say?
Larry Bird was a businessman in his playing days just like now. Whenever he passes financial advice, it's wise to listen and take heed. The amount of money 💵 wasn't the same as today as of pay. The players did decent, but things needed to change. But, at the same time, the players need to change their habits in order to be able to make it in life after pro sports. 🏀🏈⚾️💵💯
You can survive, track the s and p 500 and live off 4% of the return good or bad. You can live a comfortable life with a million. Not extravagant, comfortable. The average person isn’t making six figures and spending six figures every month. Stop it.
This video was 💯 especially that side dude part. Just subbed!
What do you spend 150k plus a month on sir?
Exactly 😂😂😂
He conflated business expenses and lifestyle expenses.
@@jj55222 Got it, smart.
@@jj55222 That's what I was thinking as well,, but he clearly says personal iirc.
My nephew is an NBA All-Star. he may have covered this,Or I may have missed hims aying this,NBA players have to pay state taxes in the city they go to play,Peopel get it confused that these players in the cities as a job so they have to pay state taxes for the exception of Texas,soon Nevada and other non state tax cities.
When you’re an NBA player or rich athlete or businessman.
Having something as trivial as a wife is pure foolishness.
But they influence you have a wife because they say it makes you look more “trustworthy, responsible, and stable”. When in reality it makes you more controllable and vulnerable.
This is True! But it’s exactly the same in Corporate America. You can’t rise without a wife and part of the vetting to advance a Man on the job is bosses knowing a Married Man with big expenses, a wife? A family and a big mortgage? All means it’s easier to control Him because he’s got too much at stake not to fall in line and do their bidding. Shady and otherwise.
Not if your marriage is based of the right stuff. I take my orders from God, I am the head, my wife is under me, and the children are under her. To me this statement can’t be further from the truth. If your marriage is BASED off something other than this, I see how you can say it would be foolish!
@@propermanagement1463 I completely understand and support the Biblical definition and structure of marriage. But when youth,luxurious living, millions of dollars, temptation everywhere you go, access to everything your eye can want, and your vows constantly being challenged.
This can make a heavy storm for any marriage to make it through unscathed.
Yes anything is possible with God.
But Mammon is a force to be dealt with……Even for a marriage.
million can last you the rest of your life...live off the interest
Dude lying like a MF. He def ain’t spending that much money. Ask him what he’s spending it on. Tell him to give you a breakdown, I bet he can’t. I’m sure he’s trying to sell people on buying his course. 😂
A million dollars can lasts if you invest wisely! First off don’t quit your job!!!! Invest that nest egg so it generates compound interest! Depending on how much dividends you get you can either live off the interest or reinvest to…. Bam compound your interest income! No frivolous spending on superficial crap and your million dollars can last!
A million can stretch your whole life but outside of America. Here it would be tough. But at the same you would have to smart and frugal
Anton speaking 💯 Facts
Your TH-cam checks ain’t like that fam….. stop the cap lmao these TH-camrs gassed
TH-cam checks? Who said anything about TH-cam checks! Sounds a bit insecure
For folks that don’t know 100,000/yr x10 years is 1,000,000. It’s literally nothing.
Derek Jeter was probably one of the smartest athletes.Had no girlfriends,wives or kids all those years with the Yankees till he retired.Then he got married
Good content.. I can see that happening in most of these sports
A million dollars is nothing yet when I say it in real time commoners think I’m crazy bc “yes” we did grow up in the hood! But yet my life is vastly different! ✌🏽
In this day and age, there is no excuse for tax deductions and recurring expenses. Learn to work with what you really have.
This was a pretty good segment/ bless up
Better check that ego king✌️
nah
I don’t agree with everything my guy saying ,but a heavy load is FACTS !!!!
🔥🔥🔥🔥
If I had a million after taxes I could make it stretch for sure! But I wouldn't quit running my company and doing what I do. My biggest expense would be the land I would buy out in the country..
After that I could pay the taxes up for several years and keep running my business strong.
I would be good.
facts bro only viewing it in terms of his lifestyle. 1 mill all at once liquid is enough to live off as an individual in MY state. Wont be balling but thats enough to have a 2-bedroom home and 1-2 reliable cars all payed off. around 250k for bills from 30-75+ years old. Its def possible
Serious question, what are you spending money on each month to total over 100 K? I’m assuming you’re not talking investments because investing is not spending.
I invest over 90 percent of everything I take in
@@afterhourswithad ok so that’s not spending, that’s being smart and investing. Completely different than needlessly spending
The more you hold then the more you are taxed
They aren’t married to the right people. My question was that arrangement a part of the contract. Aren’t we hearing how some of these relationships were fake. Even the kids, the truth will come out.
Anton is 💯 percent right 1 million dollars is not a lot of 💵
How many of these players do and buy things for status and to hide their insecurities? The major sports league all do rookie symposiums and bring in former players and investors to help the young players. Many rich people never flaunt their wealth with expensive cars, clothes, jewelry, etc... Whereas a lot of players do and sometimes don't listen to old heads and then become victims when the fun is up. Why live only for the moment and beyond one's means? How about getting a new career after the time in the league is over?
I agree with Anton because most people never even had 100k at once let alone a million so they don’t really know what real money is and once you touch a lot of money like a million your spending habits will change
I keep trying to tell people these NBA players wanna be in one place towards the end of their career…
Give me a million dollars and I promise you I will never go broke...watch me work!
Two things that is their downfall is no financial management skills and nobody can tell them nothing.
Dayum you spent what i made last year in a month. You are very blessed brother
I guess club shay aint good. People like your type podcast and sports ones too. Crazy we can enjoy both. 😅😅
I can live off a mil for the rest of my life, you can't but i can! I'll go back home to Jamaica and live comfortably.
Just live a simple lifestyle and cutdown on the moochers , cars, clothes, jewelry , etc and watch your pockets and accountants.
For a regular person, if you own your own home, own a vehicle that is no more than five years old, you can absolutely make a million last 15-20 years, easy. It can get harder, depending on your needs, but the average person only spends $30-40k per year. If you have the million in the bank and continue to work until the age of 65, you can absolutely live comfortably until 85.
This guy is full of pride and flexing "pride comes before the fall"
Just say you broke and jealous
The idea that you have $147K in personal expenses is cap. There's no way. A $5M house is only about $25K per month mortgage. A nice vacation to the Bahamas is like $15K-$30K. WTF are you spending $150K per month on?
Dude is trying to conflate business expenses with personal expenses and act like he's slick.
Damn my brother got the bag 💰
Very good video very good info
People also don't understand that if a mil sit in the bank every year they are taxing you like crazy. If 100k+ you can be taxed at 40% imagine 1m
@ShadowBrave21 don’t have it sit in the bank it loses value. Even watching Anton videos you know not to do that. You put in a brokerage account so it can keep up with the rate of inflation
It only takes one life event to hit you and if you make money that puts you in that top 10% of earners it can go quick. Since 2000 we had 9/11, the Virus Pandemic, the Housing Crisis, Bernie Madoff, Enron, and others that could have cost you everything, so if you’re doing well right now just wait. Life events can take anyone out.
I disagree on that $1M thing simply because it’s easy to say that you can live on that for the rest of your life until you’re in that position & now you actually got the options & resources to get things or do things that you couldn’t do on $75K a year.. Most people aren’t disciplined enough to actually do it
Love your content
Yes sir... we're broke... that's "why" we watch this channel. 1,000,000 @ 5% = $1,050,000. If you can live of, or take out distributions of $50,000 a year, you're set for a lifetime if your investment returns are @ 6%. Maybe the wording... trying to live off that ammount, as an absolute, could be impossible for some. But, if you keep working innany regular job and don't want to be like Anton... It will last forever.
Goes to show a lot of women are only their for the coins. Once that goes they go. One lady told me the bigger the diamond the bigger the commitment. That says it all.
I'm hearing this dude talk about he spent 100k and spending 1mill every few months. Bro you got bad spending habits and no way you can convince any of us otherwise. I make that type of money in Real Estate, investments, and I'm a financial advisor. I was interested in yir channel untilthr foolery started