African American Retirement Insecurity

African American retirement insecurity

by Elvis Guzman and Madhulika Vulimiri

African American retirees have significantly less wealth and lower incomes than White retirees. Eighty-three percent of African American seniors lack the retirement assets they need to last the remainder of their lifetimes.

Policymakers and key stakeholders must work together to craft and support policies that will ensure African Americans are economically secure and have the tools they need to adequately prepare for retirement.

Download the fact sheet.