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TMCNet:  Hispanic Americans and Retirement: Would Hispanics Plan for Their Financial Future Differently If They Understood the Rules of the Wealth Game?

[January 08, 2014]

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.




 

WHAT:

      Release of Hispanic American Financial Experience study, part of Prudential's signature research series on diverse communities
 

WHEN:

Wednesday, January 22, 2014
10:00 AM - Coffee and registration
10:30 AM - Media briefing
 

WHERE:

Adrienne Arsht Center for Performing Arts, Next Generation Green Room
1300 Biscayne Blvd., Miami, FL 33132
 

WHO:

George Castineiras, Senior Vice President, Total Retirement Solutions, Prudential

Alexandra Galindez, Vice President of Multicultural Marketing, Prudential

Anna Escobedo Cabral, Former U.S. Treasurer and Principal Communications Leader, External Relations, Inter American Development Bank

 


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