The number of older Hispanics in the United States is growing rapidly, and many face significant financial challenges because of employment histories marked by low-earning jobs that do not generally offer retirement benefits. Older Hispanics receive much less income, hold much less wealth, and are much more likely to be impoverished than older non-Hispanic whites. […]
Trends in Retirement Security by Race/Ethnicity
Retirement security has declined in the wake of the global financial crisis and ensuing recession. Despite an extended period of recovery, half of households ages 30-59 are at risk of inadequate retirement income compared to 44 percent in 2007. The questions addressed in this brief are how the percentage at risk varies by race/ethnicity in […]