The survey results reveal that 40% of the Black community, including 42% of women of color, reported having no retirement savings. For young Black women ages 18-34, that number jumps to 53%.

Long-standing income and wealth disparities along with low savings rates have endangered retirement readiness for millions of elderly Black Americans, who still haven't recovered from the ...

Entrance fees are one-time fees paid upon move-in and can vary depending on the community. For example, at a CCRC, entrance fees typically range from $9,000 (for the memory care segment) to more than ...

Limra’s findings align with previous research showing elevated concerns among Black Americans on a range of personal finance areas including saving for retirement, covering expenses if they can ...