Tag: racial disparity
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…
This paper examines the experiences of older adults with disabling conditions during the COVID-19 pandemic using data from the 2020 Health and Retirement Study. It documents the negative health, work, and financial experiences of older adults by disability status, race, and ethnicity. It also explores the intersectionality of race and…