Retirement: 7 financial goals for the end of the year
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.
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.
