Tag: homeownership rate
The release of the Federal Reserve’s 2022 Survey of Consumer Finances offers a chance to catch up on the retirement saving of Millennials – those born during 1981-1999. This group, despite being more educated than earlier cohorts, faced early challenges, as many left school with large student loans and began their careers…
The stark difference in Black and White workers’ wealth is old news. But now we have some fresh information about the wealth gap: it grows as people age and move through their retirement years. The most striking deterioration in Blacks’ relative standing can be seen in non-housing wealth. This mainly consists of 401(k)-style plans and…
