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Detlef Schrempf: A NBA Retiree’s 5 Lessons About Retirement

Unlike most of us, Detlef Schrempf was able to earn millions of dollars a year as a professional basketball player. But the 6’10” German-American also knew that he would have to retire years before he was eligible for Social Security . After a 16-year career in the NBA, the three-time All-Star retired from playing in 2001 at the age of 38, having laid the groundwork for a successful retirement . While still balling, he founded the Detlef Schrempf Foundation, a children’s charitable organization, along with his wife, Mari. “We’re in our twenty-second year and we’ve raised more than $15 […]