Friday, February 19, 2016

White workers have nearly five times as much wealth in retirement accounts as black workers

White workers have nearly five times as much wealth in retirement accounts as black workers: The gap in retirement savings is even larger than the gap in retirement plan participation. In 2013, white families between the ages of 32 and 61 had nearly five times as much wealth in retirement accounts as their black counterparts—or nearly $100,000 more in retirement savings.

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