Retirement Living

Retirement: 7 financial goals for the end of the year

Rodney Brooks
December 17, 2014

Here's one last reminder: If you are looking at retirement in the next few years, the end of the year is the perfect time go get your house in order.

In a column last month, I offered five tips to help you get ready for that retirement, even if it's a few years down the line.

Well, today, I have seven more retirement tips. And, as I said before, these are not necessarily year-end tax tips — or at least not all of them. These are things that you should be considering or preparing to do for the most successful retirement possible. And, many financial planners say, the end of the year is the perfect time to get them done — or to at least start thinking about them.

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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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