A recent Trends in Retirement Security by Race/Ethnicity study by the Center for Retirement Research at Boston College showed what many minorities already know: as a group, minorities are less prepared for retirement security.

The report studied how different groups have fared financially since the recession of 2008. The study examined the wealth holdings and the medial household earnings of white, black, and Hispanic households. It revealed that while all groups saw their funds decline significantly, white households have rebounded better than black or Hispanic households, with Hispanics faring the worst.

Ad




Share This