wealth inequity Archives

Closing the Racial Retirement Gap

A couple embracing in a garden setting, with a house in the background, surrounded by trees and plants. One person holds a set of keys.

Researchers debate retirement challenges for Black and Hispanic Americans with financial wellness, better policy, and enhancing generational wealth: 2023 Pension Research Council Symposium, via Knowledge at Wharton.…Read More

Retirement Racial Wealth Gap Disproportionately Impacts Black, Hispanic Americans

A person in a suit balances a seesaw with a blue figure on one end, a red figure on the other, and a roll of money in the center. This represents financial balance or equality.

Black and Hispanic families in the U.S. disproportionately face inadequate income in retirement. The Pension Research Council’s 2023 Symposium “Diversity, Inclusion, and Inequality: Implications for Retirement Income Security and Policy” discussed factors contributing to the wealth gaps and policy reforms to help reduce it. Via Plansponsor.…Read More

Wealth Inequality and Retirement Preparedness: A Cross-Cohort Perspective

A person holding the broken halves of a golden egg shell in their hands.

Wealth inequity by age is rising over time, making Social Security solvency especially important for cohorts with modest lifetime earnings and little wealth accumulation, report researchers John Sabelhaus of the Brookings Institute and Alice Henriques Volz of the Federal Reserve Board, via RetireSecure Blog. [Study here.]…Read More