Tag: inequality
The brief’s key findings are: As the U.S. grows more diverse, it is important to understand how much Social Security affects the relative economic status of retirees by race/ethnicity. This analysis uses the Health and Retirement Study to examine Social Security as a share of retirement wealth for whites, blacks, and Hispanics during 1992-2016. Without…
Social Security is a major source of income for most retirees. It is even more important to blacks and Hispanics in a nation that is becoming increasingly diverse. Social Security is helping to even out the racial and ethnic inequities in income and wealth that exist in the working population and continue in old age,…
