The Challenge of Latino Retirement Security

Only 6 percent of Latino workers in California have employer-sponsored retirement savings.

America’s fastest-growing demographic group might also be the least ready for retirement.

New research by the National Council of La Raza finds that in California – home to more than a third of the nation’s Latino population – just 29 percent of Latinos have access to an employer-sponsored retirement plan and only 21 percent of those who have access participate. Taken together, this means only 6 percent of the state’s Latino workers have employer-sponsored retirement savings at all.

Continued at the Washington Monthly…