Image via Wikipedia39 percent of nonwhite or Hispanic families have a retirement savings account.46 percent of full-time African American workers participate in a retirement plan at work.
Only 4 out of 30 OECD countries have higher elderly poverty rates than the United States.
3 in 10 full-time Hispanic workers participate in a retirement plan at work.
1 in 5 African-American and Hispanic seniors live below the federal poverty line.
Half of Hispanics age 65 and older have a yearly income of less than $12,181.
Half of African Americans age 65 and older have a yearly income of less than $14,620.
A women who reached age 65 this year can expect to live another 20.4 years.
58% of older women rely on Social Security for more than half of their incomes.
Half of all families with 401(k)-type retirement plans and IRAs have less than $45,000.
1 in 2 private-sector workers do not participate in a retirement plan other than Social Security.
Half of retirees age 65 and older have a yearly income of less than $15,635.
$14,050 is the average Social Security benefit received by retirees this year.
The nation's Retirement Income Deficit is $6.6 Trillion.
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