Articles

Retirement Living

1 in 6 Retirees Considering Unretiring

Rodney Brooks
|
April 27, 2023

Facing rising inflation, market volatility and a looming recession, 1 in 6 retirees are considering unretiring, according to a survey by Paychex. Needing money (53%) and getting bored (52%) or lonely (43%) were some of the top reasons, as were inflation (43%), stock market volatility (41%) and needing health insurance (39%).

“There are a lot of good reasons to continue working in retirement,” says Elijah Kovar, financial advisor at Great Waters Financial in Minneapolis. “You're challenged to learn. You have a reason to get out of bed. A lot of people miss the social interactions because so much of their social interactions were at work.”

 

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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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Opportunities to Meet the Author & Book Signings
 
Author’s Talk with Rodney A. Brooks
Saturday, June 22, 2024 at 2:00 p.m.

Martin Luther King Jr. Memorial Library 
Library Auditorium
901 G Street NW
Washington, DC  20001

Limited Seating - Register for this Event
 
NABJ Author’s Showcase
Thursday, August 1, 2024 at 11:00 a.m.

National Association of Black Journalists Convention
Hilton Chicago
720 S Michigan Avenue
Chicago, IL 60605

 

NABJ

FRWG

“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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