Latinos Live Longer But Struggle To Save Enough For Retirement

*This is where the “Latino Paradox” meets the economic reality of familia living paycheck to paycheck. The answer is upward mobility, opportunity, education. VL

By Hansi  Lo Wang, Code Switch/NPR

Many American workers find themselves financially unprepared for retirement. Among racial and ethnic groups, Latinos are the least prepared.

They’re one of the fastest-growing racial or ethnic groups, and they have a longer life expectancy than whites and blacks — at about 81 years old.

But four out of five Hispanic households have less than $10,000 in retirement savings, according to a recent report by the National Institute on Retirement Security.

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