Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to maintain steady income in retirement, researchers find.
Closing the Racial Wealth Gap in Retirement Preparedness upenn.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upenn.edu Daily Mail and Mail on Sunday newspapers.
A noted household- and behavioral-finance researcher discusses conventional personal finance advice, emergency savings, and the role of defaults in improving retirement outcomes.