Daniel Marans looks at racial disparities in income and wealth that undermine retirement security for people of color:
Social Security benefits and public assistance are not enough to erase the racial disparity in retirement account savings and overall household wealth once working families reach retirement age.
As a result, black and Latino seniors are more likely to live in poverty. Some 8 percent of non-Latino whites aged 65 or older lived in poverty in 2014, compared with 19 percent of African American seniors, and 18 percent of Latino seniors, according to analysis of census data by the Center for Global Policy Solutions.
