Basketball star Jay Williams on financial futures; retirement and 401(k)s; flipping the script on ESG

WEALTH MANAGEMENT:? In this clip from the Future Proof Festival, Wealthtech Reporter Justin L. Mack catches up with hoops superstar and ESPN analyst Jay Williams. The New Jersey native is considered one of the greatest college basketball players of all time, winning an NCAA Championship with the Duke Blue Devils in 2001 and being named the NABC Player of the Year in 2001 and 2002 before being drafted by the Chicago Bulls .?

As someone who has always kept a close eye on the markets, Williams believes we're moving in a direction where athletes and entertainers understand that they need to be more proactive when it comes to securing their financial futures.

Read and watch:? ESPN's Jay Williams wants athletes to be active participants in their finances

RETIREMENT:? Saving for retirement should be straightforward, but it's never that easy. Among challenges future retirees and their financial advisors face: legislative changes under Secure 2.0 that will impact contributions, employees leaving 401(k) assets behind when switching jobs and retirement plan "leakage" when investors cash out instead of rolling over their 401(k)s.?

Check out these five stories on 401(k) issues, along with ways in which financial advisors can help their clients maximize savings and returns.

Read: 5 ways financial advisors can maximize client 401(k)s

INVESTMENT STRATEGIES: On this week's episode of the Financial Planning Podcast, Christopher L. Knapp explains that advisors don't need to fear the three letters that have created controversy in the investing space all year long.

Knapp, managing director and principal at Robertson Stephens , understands that there is plenty of discussion around the merits of ESG, its origins, the social implications and the political climate surrounding it. But Knapp, a 36-year industry veteran, takes the stance that sustainable and green investing are fiduciary issues, not political issues. Because of that, he champions the idea of advisors flipping the script and approaching ESG conversations by grounding them in problem solving and real-life impacts.

Read or listen: How to have more impactful ESG conversations with clients

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