Tag: homeownership

elderly man inserting credit card to ATM

Abstract Relatively few Americans have accumulated substantial savings outside of their employer-sponsored retirement plans, yet most own their homes.  The traditional view of the retirement income system as a three-legged stool supported by Social Security, private pensions, and savings may be better viewed as being supported by Social Security, pensions, and homeownership. Country-specific economic, social,…

Kids playing

The retirement issues facing black Americans can’t necessarily be lumped together for many reasons – there are high- and low-income blacks, and there are recent immigrants as well as longstanding families.  A similar problem arises when treating the U.S. Hispanic-American population or the Asian-American population as a homogenous group. Having acknowledged this, however, some recent…