Why Latinos Aren't Saving for Retirement
18/10/2013 09:18pm | 8138 viewsWhen it comes to retirement savings, Latinos are failing.
That’s what a new survey rolled out about a week ago by ING Retirement Research Institute reveals. In many ways, it echoes what has been laid out in previous minority retirement studies.
Bear with me now while I bury you with a lot of statistics. There is a method to my madness. I think these reports paint an ominous picture about cultural barriers to saving for retirement and will have far-reaching repercussions down the road. If you think we have a “retirement” crisis now, hold on to your hats.
About the Author
I love my job. My expertise: personal finance, career transition, and retirement. My new book is Great Jobs for Everyone 50+ (John Wiley & Sons). Also check out: What’s Next? Follow Your Passion and Find Your Dream Job (Chronicle Books). I'm the AARP Jobs expert and write the Great Jobs column on AARP.org. I write a weekly column for boomer women on the new PBS web site, NextAvenue.org, go to http://www.nextavenue.org/expert/kerry-hannon. My journalistic journey has taken me from Forbes to Money to Kiplinger's Personal Finance to U.S. News and World Report, where I developed the "Second Acts" column back in 2006, and then on to USA Today where I wrote the “Your Money” column. I run my own media company with the following platforms: I write non-fiction career and personal finance books and weekly columns like this one. I blog. I give speeches on second acts, working in retirement, and women and money. I consult on a variety of career topics. I grew up in Fox Chapel, outside of Pittsburgh, Pa. I'm a graduate of Duke University. To learn more about me, go to http://www.kerryhannon.com/. If you have story ideas or tips, e-mail me at kerry@kerryhannon.com. Follow me on Twitter: @KerryHannon "When you cease to dream, you cease to live." --Malcolm Forbes