Retirement Living

What's the best retirement advice you ever got?

Rodney Brooks
March 10, 2015

I never had the opportunity to get retirement advice from my dad. He died at 43, when I was only 16. He never even had a chance to experience retirement. I've often wondered what he would have told me and my two brothers.

So, I talked to people from all walks of life from around the country over the past few months, and I put the same question to each of them: What was the best retirement advice you ever got, and who gave it to you? Turns out the advice came from everywhere — moms, dads, teachers and even mentors. It's all good solid advice that I'm sure many of us would have loved to receive, specially when we were in our 20s.

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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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