Confidence About Financial Security at Retirement: Perspectives of African Americans and white Americans

This presentation accompanies a study based on a Fall 2012 poll from the Joint Center for Political and Economic Studies — Confidence About Financial Security at Retirement.

Perspectives of African Americans and white Americans find that, although more than half of both African Americans and white Americans are ‘very or somewhat’ confident that they will be financially secure during retirement, this financial security may not become reality. Nearly half of black Americans (46 percent)
and about a third of white Americans (36 percent) say they would “like to save for retirement, but don’t seem to have enough money to do so.” The pervasive problem of financial insecurity at retirement will yield to our efforts against it only if it is directly challenged and in all actionable venues, most notably educational institutions and places of employment.

Leigh and Wells – Confidence About Financial Security – 09.05.2013.pdf