Showing results for "Building" in Retirement Planning

USA TODAY BESTSELLER! Make financial freedom real with the right mindset, right process, and right action steps Does it feel like you’re missing out on life because you can't get your finances in order? Are you seeking a life free of financial fear and full of meaning, purpose, and impact? The...

Many older Americans today are poorly prepared to finance their retirement years, and such under-preparedness is especially acute for members of disadvantaged racial and ethnic minority groups. Black and Hispanic families, for example, have only a quarter of the amount of net private wealth (assets minus liabilities) compared to White families. Moreover, racial wealth gaps have not diminished much in the past four decades, in part because Whites tend to save more in and withdraw less from employer-sponsored retirement plans than do their Black and Hispanic counterparts.