One problem unique about being a porn star (and related careers in adult entertainment) is that one's earnings decreases as their age increases (esp for females), while in the vast majority of other careers, one's earnings increases with age. Too often, I read about some former porn star in the news who has spent all of her money, has little/no career options at this point, and have taken desperate measures to put food on the table. It seems like this has become the norm.
I wonder if any porn stars have figured out Harry's #2 rule when they're 18-25, made a killing, and retired before they've hit the end of their "shelf life", never having to work a day again for the rest of their life.
Rule #2: Don't assume you can replace your wealth.
The fact that you earned what you have doesn't mean that you could earn it again if you lost it. Markets and opportunities change, technology changes, laws change. Conditions today may be considerably different from what they were when you built the estate you have now. And as time passes, increasing regulation makes it harder and harder to amass a fortune.
So treat what you have as though you could never earn it again. Don't take chances with your wealth on the assumption that you could always get it back.
