Rodney Brooks
Washington Post
Washington, DC, United States
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Past articles by Rodney:
From housing assistance to reparations, there's no quick fix for the decades of economic racism against Black Americans
An author who has researched the history of economic racism says there's no easy solution to close the economic gap between Black and White Americans. → Read More
A new book discusses not just why, but how the U.S. should pay reparations to Black Americans
William A. Darity Jr. and A. Kirsten Mullen say there is a way to pay reparations to descendants of slavery, if the country has the will to own up to the debt. → Read More
This is the big expense that might sink your retirement
A new Fidelity survey found that a couple retiring in 2019 can expect to spend $285,000 for health care costs. → Read More
Aging African-Americans are hit with a double-whammy: health and financial troubles
An array of health and financial issues is converging on African-Americans as they age, posing a devastating impact on them and the nation. → Read More
6 Lessons From the First Year of Retirement
Once you get through the first year of retirement, you probably think you can coast for the next 30 years. Things are never that simple in retirement. "Five years before you retire and five years after are the most important," says Reid Abedeen, managing partner at Safeguard Investment Advisory → Read More
Just in time for the new year, some financial planners’ best retirement tips
Their advice? Start saving early, make a plan and live the life you really want. → Read More
What could possibly be worse than standing in a line at the Department of Motor Vehicles?
For many people, it's calling a financial adviser to talk about the retirement plan → Read More
Year-end financial retirement planning tips
Fitness goals are fine, but don't forget the financial fitness goals, too. → Read More
How much money do you need to save for retirement?
In one survey, about 20 percent of people had no idea how much they'll need → Read More
If you want a comfortable retirement, better get ready
There are no magical answers. You just have to do it. → Read More
Will we ever be able to retire? Boomers and Gen X-ers are worried.
Survey: 51 percent of American workers are concerned that they will not be able to retire when they want. → Read More
Americans are falling short on their own retirement savings goals
And they say they need more help from employers. → Read More
Steps to take to ensure a satisfying retirement
Planning, preparation and the right state of mind play significant roles before hanging it up, financial planners say. → Read More
Think you’re prepared for retirement? Answer these 6 questions.
First question: Have you downsized your living expenses? → Read More
Choosing between an employer who has a 401(k) match and one who doesn’t
When you’re choosing between two job opportunties, many people will compare the salaries, and go with the higher pay. But it’s just as important to compare the benefits. Eric Ryles managing director at ALM Intelligence, says working for a company that provides an employer match in your 401(k) versus one that doesn’t could mean a huge difference in your retirement savings at the end of your… → Read More
Are small business owners too busy to think about saving for retirement?
Small business owners are just as unprepared for retirement as the rest of us, it turns out. Maybe more so. According to a new report from BMO Wealth Management, only a fraction of the nation’s 28 million small business owners are prepared for retirement. BMO called the report “startling.” According to the survey: * 75 percent of small business owners have saved less than $100,000 in retirement… → Read More
They turned their hobbies into encore careers
Three baby boomers show what it’s like to live the dream. → Read More
A police raid in India dramatically reduced the number of IRS scam reports
It took a big raid in India to slow down an IRS impostor scam that resulted in thousands of people, many of them retirees, being bilked out of millions of dollars. The Better Business Bureau said last week that the hustle accounted for about one in four reports to its scam tracker. But the organization says it has seen a “dramatic drop” in new reports after police in Mumbai, India raided a call… → Read More
A good time to do a reality check on your retirement savings
You probably didn’t realize it, but this is National Retirement Security Week. Before you write it off as just another one of those useless “branded” calendar items like National Muffin Week, think of it this way: This is the perfect time to do a reality check on your retirement savings plans. This is actually the 10th anniversary of Save for Retirement Week, established as part of the Pension… → Read More
It takes a lot of work to be ready to retire. Don’t forget these things.
Costs and issues you didn’t think of can trip you up. → Read More