'Toine and his 401K

Antoine Walker may or may not have a 401K. But this much is true - he doesn't have much money, after shelling out a substantial amount of it (http://deadspin.com/5390238/antoine-walker-did-not-manage-his-money-well) to seventy - yes, SEVENTY - of his closest "friends" over the years:In 12 years, Antoine Walker made roughly 55 million NBA dollars (after taxes, but not counting endorsement deals.) Yet, he has over $4 million in unpaid debts and faces felony check fraud charges. How the hell did that happen?Well, since he bounced about $1 million worth of checks in Las Vegas you can chalk a healthy portion of that up to gambling losses. But that doesn't explain it all way. Walker was a generous friend and teammate. A little too generous. A Boston Globe investigation into the former Celtic's lavish lifstyle includes free spending, not just on himself—in 2002, he had a new suit made for every day of the playoffs so he wouldn't have to wear the same one twice—but on those in his very large orbit. Teammates say he routinely picked up giant dinner tabs on the road or would hire limos to take everyone out on the town. According to his mother, at one point Walker was financially supporting seventy of his friends and relatives.Wow. 110 million bucks doesn't go as far as it used to. I know the times are tough, but this makes me feel a lot better about my 401K and future retirement (in 2040, if I'm lucky). Unfortunately for Walker, he is nothing but a dot-com stock nowadays.