Racial and Ethnic Differences in the Retirement Prospects of Divorced Women in the Baby Boom and Generation X Cohorts

Research Report

Racial and Ethnic Differences in the Retirement Prospects of Divorced Women in the Baby Boom and Generation X Cohorts

Abstract

Minority and divorced women have historically experienced double-digit poverty rates in retirement, and demographic trends will increase their representation in future retiree populations. We might expect an increase in the proportion of economically vulnerable divorced women in the future. Factors associated with higher retirement incomes include having a college degree; having strong labor force attachment; receiving Social Security benefits; and having pensions, retirement accounts, or assets, regardless of race and ethnicity. Because divorced minority women are less likely than divorced white women to have these attributes, their projected average retirement incomes are lower than those of divorced white women.

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Cross-Center Initiative

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