Don't Forget to Do These 5 Things Before You Retire
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.'"
Rodney Brooks
An award-winning journalist, writer and author and my specialty is retirement planning and other personal finance issues. I have written for many national publications, including USA TODAY, The Washington Post, U.S. News & World Report, AARP and National Geographic. I am available to speak on personal finance, financial literacy and the racial wealth gap.
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The 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.
