Garnett has been working for 21 years, how much pension can he receive every month? You may not believe it if you say it

Kevin Garnett, the legendary power forward who has fought for 21 seasons in the NBA, has won the respect of countless fans for his comprehensive skills, never-saying spirit and outstanding leadership. Although Garnett's resume is not as brilliant as Duncan, nor is it like King Nothing in his life, in the hearts of fans, he is synonymous with "iron-blooded and tough".

Garnett not only won the regular season MVP in the 2003-04 season, but also joined hands with Pierce and Ray Allen in 2008 to lead the Celtics to the championship. In addition, Garnett was selected into the Best Team 9 times and the Best Defensive Team 9 times, tied for the first place in history with Jordan, Kobe and Payton. He won the rebounding champion four times and won the Best Defensive Player Award in 2008. In 2023, Garnett's No. 5 jersey was retired by the Celtics to commemorate his great contribution to the team. After his glorious curtain call, in addition to his eternal reputation and commercial value, Garnett also has an NBA pension that is on time every month. Let’s reveal how much pension Jordan can receive every month now. The NBA has set up a pension system for retired players to ensure that they still have a stable source of income after saying goodbye to the arena. This system clearly stipulates the player's years of service and the corresponding pension. Players who have played for 3-4 years can receive $306 per month, $510 per month for 5-9 years, $714 per month for 10-14 years, and $918 per month for 15 years and above. In addition, the age at which the player starts to receive pensions also affects the final amount: 2/3 of the full amount can be collected at the age of 45, and the full amount will be collected at the age of 50, and the amount will be further increased after the age of 62. Garnett's career spans three eras, lasting 21 seasons, and his duration meets the highest pension standard of more than 15 years. His basic pension should be calculated at $918 per month. Calculated in this way, his monthly basic pension will be 918 × 21=19278 US dollars.

Suppose Garnett chooses to start receiving pensions at the age of 45, and can get US$19278×2/3=12852 per month, equivalent to about RMB 92,000; if you wait until you get it at the age of 50, you can get the full amount of US$19278 per month, which is about RMB 138,000; if you reach the age of 62, the base will increase by about 30%.

In fact, Garnett's current financial situation is far beyond the ordinary people's imagination. He has been working in the NBA for many years and his total career salary is as high as US$343 million. After retiring, he actively participated in commercial activities and charity, and continuously expanded his wealth map through various investments and business cooperation. Garnett's assets are estimated to be over $500 million, and his success in the business sector has allowed him to live a luxurious life even without relying on his pension.

However, for Garnett, this pension is not only a witness to his brilliant career, but also a reward for his years of hard work in basketball. Although this money accounts for a small proportion of Garnett's overall wealth, it carries his struggle and beautiful memories in the NBA, which is of great significance.