How I Turned a $1.2M NIL Deal Into Forever Wealth

Описание: How a 5-Star College Athlete Turns $1.2M in NIL Money Into Generational Wealth | Moment Private Wealth
What happens when an 18-year-old signs a $1.2 million NIL and revenue sharing deal — and has zero tax plan? In this video, former MLB player and Moment Private Wealth co-founder Jacob Turner breaks down the exact financial strategy used to save a top college football recruit over $200,000 in taxes and build long-term wealth from a single NIL deal.
In this video you'll learn:
The 4 key tax strategies every NIL athlete should know (state residency, entity selection, Solo 401k, and itemized deductions)
How to cut your effective tax rate from 50%+ down to 33%
The right way to budget, save, and invest NIL money at 18
How $685,000 saved today could grow to $80 million by age 80
Whether you're a college athlete, a recruit's parent, a coach, or just a college football fan — this is the clearest breakdown of what NIL money actually looks like behind the scenes.

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00:00 $1.2M Per Year at 18 Years Old (NIL Reality)
01:18 Meet Jack: The 5-Star Recruit Scenario
02:42 The Real Tax Bill on $1.2 Million
04:25 How We Saved Over $200,000 in Taxes
05:35 State Residency Strategy (California vs Texas)
06:42 LLC + S-Corp Strategy Explained
07:52 Solo 401(k) and Roth IRA for NIL Athletes
09:05 Deducting Agent Fees and Business Expenses
10:12 How Much Can an NIL Athlete Actually Spend?
11:20 Where the Money Should Go (Emergency + Investments)
12:38 The 3 Investment Buckets for Athletes
13:58 Why 18-Year-Olds Should Avoid Private Deals
14:38 Turning $1.2M Into $80M (Power of Compounding)
15:12 The Biggest Money Mistake Young Athletes Make

#NIL
#CollegeFootball
#NILMoney
#CollegeAthlete
#AthleteFinance
#FinancialLiteracy
#generationalwealth