Financial freedom is one of the most powerful tools for creating long-term stability, opportunity, and generational advancement. For Hispanics in the United States—one of the fastest-growing and most entrepreneurial groups—stock market investing remains one of the most underutilized wealth-building strategies. Yet, it is also one of the most accessible and effective.
As the Hispanic community continues to drive U.S. economic growth, improving participation in the stock market is key to translat
For millions of Hispanic professionals and entrepreneurs across the United States, the topic of retirement often takes a back seat to more immediate financial goals — paying bills, supporting family, or building a business. Yet, as the fastest-growing segment of the American workforce, Hispanics hold tremendous power to shape the future of retirement readiness and financial security in the U.S.
Despite this potential, a wide gap remains. Understanding the challenges and opportunities facing the
few years back, my siblings and I began what would turn out to be a long, somewhat arduous conversation: What’s going to happen with Mom? Our mom was getting older, and we needed to start thinking about what her golden years would look like, considering the possibilities that could come with caring for an elderly parent. The entire exercise, thus far, has led to arguments and a sense of straying further from the light. READ MORE AT THE LOS ANGELES TIMES
Only 34% of Hispanics believe they are saving enough or have saved enough for retirement, six points lower than the national average, according to a report by an insurance industry research company.
According to LIMRA, 50% of Hispanics say they worry about having enough money for retirement and The Latin Times, in conversations with several Hispanic workers and financial advisors, found out that there is a growing concern among members of this community regarding resources for a life after givi
A new survey by ING Retirement Research Institute, by Forbes, revealed that Latinos aren't saving for their golden years.
Fifty-four percent of Latinos said that they felt "not very" or "not at all" financially prepared for retirement, a percentage that was higher than that of all other ethnic groups surveyed including African-Americans, whites and Asians.
The question now is why Latinos are not saving more money toward their retirement. While the ING survey reported that about a third of Latino
