Porn is an industry where retirement can come without warning.Big-name performers sometimes choose to quit at the height of their fame, while others find the demand for their services has dwindled, as fickle fans move on to the next sensation. Many careers last less than three months, and those who stay in for more than five or six years are considered veterans.
The adult industry doesn’t offer 401(k)s or pension plans. When their careers end, performers really aren’t able to carry their most notable skill to another job. So it’s up to them to prepare for the next phase of their life.
Some blow the money on expensive handbags and shoes. Some waste it on drugs. And some spend wildly beyond their means. Some, however, are a bit more prepared.
As they walked the Red Carpet at this year’s AVN Awards (adult entertainment’s equivalent of the Oscars), CNBC asked some of the adult industry’s biggest stars about their financial planning—and what they’re doing (if anything) to get ready for life after porn.
“I just try to save 25 percent of everything that I make. That way there’s a nice cushion of funds there. … I’ve never really been great at the whole investing thing. I figure my website is an investment. Even after I quit porn, that can still make money.”
!["I save over half of my money—and I've been doing so since I got into porn. I wrote a book, it comes out in May. ... I haven't been investing. I'm so scared. I don't know anything about it, so right now [that money] is sitting in my savings account."](http://therealpornwikileaks.com/wp-content/uploads/2014/01/101352283-Asa_Akira.600x400.jpg)
“I save over half of my money—and I’ve been doing so since I got into porn. I wrote a book, it comes out in May. … I haven’t been investing. I’m so scared. I don’t know anything about it, so right now [that money] is sitting in my savings account.”
!["I have my real estate license, so [I'm] selling properties and owning and also renting them out. That's something I've been working on. I've also been thinking of opening my own hair salon one day."](http://therealpornwikileaks.com/wp-content/uploads/2014/01/101352448-Riley_Steele.600x400.jpg)
“I have my real estate license, so [I’m] selling properties and owning and also renting them out. That’s something I’ve been working on. I’ve also been thinking of opening my own hair salon one day.”
[…] Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn […]
Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn: Porn is an industry where retiremen… http://t.co/ebldNRc7ST
Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn: Porn is an industry where retiremen… http://t.co/2W5SPD6x0x
New! Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn http://t.co/rON5mG0VYJ
RT @TRPWL: Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn http://t.co/eJeNLZU9kg via @trpwl
Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn: Porn is an industry where retiremen… http://t.co/yiDEfq8f77
Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn http://t.co/sqfKjkARid via @trpwl
Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn: Porn is an industry where retiremen… http://t.co/gYp6rvxuK9
New! Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn http://t.co/3vcwZ9qnNJ
Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn http://t.co/eJeNLZU9kg @trpwl
Skin Diamond, Asa Akira and Riley Steele on Preparing for Life after Porn http://t.co/eJeNLZU9kg via @trpwl
[…] Skin Diamond, Asa Akira and Riley Steele on Preparing for Life After Porn […]