"Thankfully, in my youth I had the best financial adviser a son could ask for: my dad Walter. I was raised in a very conservative family and Dad worked really hard to provide for all of us. So it should have been no surprise that his approach to money management was also conservative. When I got that first signing bonus in 1978, Dad took my cheque, announced, "This is what we're going to do," and bought an annuity with it. That's been very solid for me since day one. And so when my son turned pro and got a signing bonus, it was the same thing for him. "That's good," I said. "It's in the bank now, and you don't get to touch it."
Full article from Wayne : http://ca.finance.yahoo.com/news/wayne-gretzky-reflects-going-life-194213270.html