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Hispanic Americans and Retirement: Would Hispanics Plan for Their Financial Future Differently If They Understood the Rules of the Wealth Game?NEWARK, N.J. --(Business Wire)-- The Hispanic American Financial Experience, a new study to be released by Prudential, is stimulating questions: Would Hispanics plan for their financial future differently if they understood the rules of the wealth game? Would they be financially more successful? Could they better plan for a legacy of wealth for their families? New findings from the study indicate that Hispanics differ from the general market in their financial priorities, resulting in less priority placed on saving for retirement with more focus on funding more immediate goals for themselves and their families. A reported lack of access to information that may contribute to a low understanding of the financial system may be a driving factor. As the Latino population continues to grow in the U.S. the impact of Latino wealth on the U.S. economy and abroad is significant. Prudential will release the study's findings during a news conference in Miami on January 22, 2014, at 10:00 AM. Follow updates on Twitter (News - Alert) @PrudentialNews and #PruHispanicStudy.
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