Insights | 07.07.21
Americans' Retirement-Saving Habits Diverge Along Racial Lines – Study
A survey by the Employee Benefit Research Institute and Greenwald Research found that 47 percent of Black and Hispanic Americans earning more than $75,000 either strongly or somewhat agreed that it was more important to help family and friends now than to save for retirement, compared with 33 percent of whites who felt the same. Black and Hispanic Americans across all income groups were also more likely than white Americans to agree that saving for a child's education or paying off a child's education was reducing how much they can save for retirement.
Read the full article on Pensions & Investments.