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So Money with Farnoosh Torabi

1286: Fixing the Racial Wealth Gap with Rodney A. Brooks

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 1 December 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

Rodney A. Brooks, a veteran newspaper journalist, writes about retirement and personal finance issues, and racial, wealth and health disparities. His columns currently run in U.S. News & World Report and AARP’s Senior Planet. He has also written columns for The Washington Post and USA TODAY. He is author of the book Fixing the Racial Wealth Gap: Racism and Discrimination have put us here, but this is how we can save future generations. He is co-author of Retirement Planning Essentials: A Guide to Living Well Without Running out of Money. Brooks was Deputy Managing Editor/Personal Finance and retirement columnist for USA TODAY, where coordinated all personal finance on all platforms for USA TODAY. He retired in 2015 after 30 years. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So many episodes, 1286 Rodney Brooks, author of the new book, Fixing the Racial wealth gap.

0:07.4

You're listening to So Money, with award-winning money guru,

0:10.5

Farnoosh Karabi, each day in a 30-minute dose of financial inspiration from the world's top

0:16.2

business minds, authors, influencers, and from Farnoosh yourself. Looking for ways to save on gas

0:23.3

or double your double coupons? Sorry, you're in the wrong place, seeking profound ways to live a

0:28.8

richer, happier life. Welcome to So Money. That's the kind of things you talk about when

0:36.5

why are we here? Because whenever there was any accumulation of black wealth, it was taken away.

0:42.1

Welcome to So Money, everybody. I'm Farnoosh Karabi, December 1st. We're going to finish the year

0:47.3

strong and today's conversation focuses on the Racial wealth gap, what we can do to support

0:54.3

the current generation and also save future generations. My guest is Rodney A. Brooks. He's

1:00.1

a veteran newspaper journalist who's written about retirement and personal finance as well as

1:04.4

race, wealth, and health disparities. His work has appeared in US News and World Report,

1:09.2

The Washington Post, and USA Today. He has a book out now called Fixing the Racial

1:13.8

Wealth Gap. Racism and discrimination have put us here, but this is how we can save future

1:18.9

generations. Our conversation intersects money, race, health, literacy, and much more. Here's

1:25.2

Rodney Brooks. Rodney A. Brooks, welcome to So Money. This is a special day for the podcast,

1:34.2

getting to connect with a fellow financial journalist. Okay. Well, thank you for having me. I

1:38.4

really appreciate it. You are a veteran newspaper journalist. You've written about retirement and

1:43.4

personal finance, racial, wealth, and health disparities for the better part of 30 years that

1:49.0

you recently retired and you've written for such major publications as US News and World Report,

1:54.8

Washington Post, USA Today. And now your more of your focus has been turning to the Racial Wealth

2:01.9

Gap. And you have a book fixing the Racial Wealth Gap. What prompted you to write it?

...

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