G2TT
来源类型Journal Article
规范类型其他
Older Latinos’ Financial Security: Resources, Needs, and Future Prospects
Richard W. Johnson; Stipica Mudrazija; Claire Xiaozhi Wang
发表日期2018-09-23
出版年2018
语种英语
概述This study assessed Latinos’ retirement security, including their financial resources and retirement needs, showing past trends and future prospects. Using data from the American Community Survey, decennial censuses, and Health and Retirement Study, tabulations compared poverty rates, income and wealth, health and disability, relationship status, and household composition for Latinos and non-Latinos ages 65 and
摘要

This study assessed Latinos’ retirement security, including their financial resources and retirement needs, showing past trends and future prospects. Using data from the American Community Survey, decennial censuses, and Health and Retirement Study, tabulations compared poverty rates, income and wealth, health and disability, relationship status, and household composition for Latinos and non-Latinos ages 65 and older. The Urban Institute’s Dynamic Simulation of Income Model also projected income and wealth for future generations. The results show that older Latinos receive less income, hold less wealth, and are more likely to be impoverished than older non-Latino whites. Financial outcomes are significantly worse for older foreign-born Latinos than for those born in the United States. However, projections indicate that the gaps will narrow somewhat in coming decades. Various policy options, such as workforce development initiatives, efforts to promote education and retirement savings, and Social Security reforms that increase benefit progressivity could improve financial security for future Hispanic retirees.

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https://link.springer.com/chapter/10.1007%2F978-3-030-00584-9_11

主题Aging ; Health and Health Policy ; Immigrants and Immigration ; Income and Wealth
URLhttps://www.urban.org/research/publication/older-latinos-financial-security-resources-needs-and-future-prospects
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/480318
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Richard W. Johnson,Stipica Mudrazija,Claire Xiaozhi Wang. Older Latinos’ Financial Security: Resources, Needs, and Future Prospects. 2018.
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