Retirement Living

Don't Forget to Do These 5 Things Before You Retire

Rodney Brooks
March 4, 2019

An ongoing complaint from financial planners and accountants is that potential clients seek their services when they are too close to retirement. "People come to visit right when they are retiring, look at a number and see a shortfall," says Joe Edmondson, a financial consultant at AXA Advisors. "They say, 'I wish I had talked to you 15 or 20 years ago.'"

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Authored By Rodney A. Brooks

TRAFOTFBThe author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.

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“Rodney A. Brooks’ ‘Fixing the Racial Wealth Gap’ is one of the best written and most prescriptive books I’ve read on this prickly subject. Using powerful stats, stories and insightful wisdom, it is written from the heart, mind, body and spirit … plus years of research and thought as a mainstream journalist, Fixing the Racial Wealth Gap is revealing, humorous, instructive and sobering.” – Dr. George C. Fraser

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