Friday, May 24, 2024

STUDY: Latinos Rank Lowest in Saving for Retirement

According to a recent study, U.S. Latinos are the least likely group to save money in retirement savings accounts like 401(k)s and only 10% have individual retirement accounts. As discussed in a segment on National Public Radio, retirement for the 50 million Latinos in this country is not looking good. While some speculate that low […]

New Study finds Family a Major Motivating Factor for Hispanic Entrepreneurs but Face Risks over lack of Financial Planning

The findings from a new study released on Tuesday revealed that Hispanic business owners site family as a driving force behind their businesses, but only 1 in 4 have a succession plan in order, a contradiction indicative that overall lack of financial savvy is putting Hispanic entrepreneurs at a greater risk. The study by MassMatual, […]