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Shaq reveals ‘fail-proof’ retirement plan he created to make sure he stays rich, head shot & Woke 3.0 is here
Shaquille O’Neal says he expects to receive about $1 million a month from annuities starting at age 55, which he describes as a safeguard against his investments underperforming. His account highlights how he has tried to preserve wealth by saving much of his income, rather than spending freely, as some former athletes have done.
O’Neal said advice from a wealthy man led him to save 75 per cent of his money and put endorsement income into annuities. He expects payments to begin on 6 March 2027, with further milestones at ages 60 and 65. The article also includes unrelated commentary on Costco staff, California business regulations and culture-war politics.
In short
- Shaq expects annuities to pay about $1 million monthly from age 55.
- He says he saved much of his income and invested in annuities.
- The column also ranges across Costco, California and politics.
Explained simply
Shaquille O’Neal is a former American basketball player who became one of the sport’s best-known stars. Like many professional athletes, he earned money from playing and from endorsements, and has spoken about managing that wealth after his playing career.
An annuity is a financial product that can provide regular payments, often later in life, in return for money invested earlier. O’Neal has said he put some of his endorsement income into annuities and saved a large share of what he earned; his approach reflects a broader concern about how athletes can support themselves when their playing income ends.