Hispanics work harder to secure their financial futures, compared to the general population, according to a MassMutual survey.
Hispanics are more invested in their financial future compared to the general population, with 61% leaving the well-being of their finances up to chance, versus 65% of the general population. The survey from Massachusetts Mutual Life Insurance Company revealed that 42% of Hispanics are likely to carefully research and plan every detail of their retirement, and 38% are likely to work at their retirement plan until they believe it is perfect.
“It shows that Hispanics are invested in their future,” says Chris Mendoza, vice president, multicultural market development at MassMutual. “They recognize the many facets of financial security – value planning and research – more than the general population. They are closing the gap, but still need knowledgeable guidance to help ensure financial stability and informed decision-making.” READ MORE AT PLANSPONSOR
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