Tag: extended family

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Numerous articles have appeared here in recent months about the ways that racial disparities are infused into our financial and economic systems. Two barriers to Latinx and Black workers’ ability to save, for example, are less health insurance coverage and more burdensome student loan payments than White workers have. Or consider the different long-term housing…

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The bulk of care for the nation’s elderly is informally provided by spouses, adult children, and other family members. But if family can’t fill the need, will retirees be able to hire an in-home caregiver or pay for a nursing home in the future? Just one in five 65-year-olds has enough family and financial resources…