National News

New Study Proposes Wealth-Building Solutions for Black Retirees

African American families have known for generations that retirement at the age of 65 is often a mirage. We hope and pray it will happen, but it’s a dream that generally never gets fulfilled. In fact reports have shown that the typical White family – even at retirement age – has eight times the wealth of the typical Black family, with a typical Latino family faring only slightly better. These historic inequities will not change by themselves. Community leaders, policymakers, and industry experts must come together to identify and promote new solutions to this retirement wealth gap. […]