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Hispanics face more retirement challenges
A new study shows Hispanic families across the country are challenged by a number of factors that make it difficult for them to prepare for long-term financial security. The study, prepared for Prudential Financial, found twice as many Hispanic Americans as the general population (15 percent compared with 6 percent) say that supporting elderly family members is a financial priority, and 31 percent of Hispanics place importance on funding education for children or grandchildren, compared with just 18 percent of the general population. Read more…
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