Tag: bequests
Abstract Inheritances make up a substantial share of national wealth, but are often overlooked in discussions of retirement security. Racial gaps in inheritances are likely to exacerbate racial disparities in wealth. One reason that Black and Hispanic decedents are less likely to pass down meaningful estates is that they are far less likely to hav…
Men are from Mars. Women are from Venus. That continues to hold true in retirement. A new study that examines two aspects of this major life change – personal and financial relationships – finds that men and women use their newfound freedom in different ways. The change in men’s social lives after they retire is…
