On average, people of color in the U.S. have less money saved for retirement than their White counterparts. More than half of Black and Latino/Latina households have no retirement savings ...
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Retirement Savings by RaceWide disparities exist between White and non-White future retirees—a "racial retirement wealth gap" Reviewed by Margaret James Studies of how much Americans have saved for retirement show ...
Heavy dependence on Social Security benefits for retirement income. Lack of legacy planning and generational wealth. Black families generally have lower incomes than white families, which makes it ...
The wealth gap has been increasing since 1992. By 2022, Black households held only $15 of wealth for every $100 held by white households.
Ayers said that she has private retirement savings ... there's some evidence that Black workers save less than their white counterparts, Copeland said. "The wealthier individuals that are Black ...
Limra’s findings align with previous research showing elevated concerns among Black Americans on a range of personal finance areas including saving for retirement, covering expenses if they can ...
Trump’s Jan. 20 return to the White House ... than $150,000 in savings. Among Black and Hispanic respondents, 47% and 46%, respectively, reported no retirement savings, while the corresponding ...
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