Tag: saving

Road with written years going off into the horizon, beginning with 2023

Americans’ retirement outlook doesn’t change all that much: one standard measurement consistently shows that roughly half of working-age households may not be able to afford their current lifestyle after retiring. But do they even understand what condition their retirement finances are in? This is a critical question because perceptions can affect how much people w…

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Financial advisers and retirement experts say the best advice they can give workers to prepare for old age is to save, save, save. But two young researchers might argue this advice isn’t sensitive to the hurdles that Black and Hispanic workers face when they try to save. At a recent panel discussion, the researchers presented…