Despite an extended period of recovery since the global financial crisis and Great Recession, working-age households are less prepared for retirement than they were in 2007. The situation is worse for minorities, particularly Hispanics, according to a recent study from the Center for Retirement Research.
A shocking gap exists between the wealth holdings and income of white households on the one hand and black and Hispanic households on the other. The table below shows that while wealth levels for all groups have not recovered from the Great Recession, the disparity between whites and minorities has increased. READ MORE AT MARKETWATCH
Comments