Hispanic women have a strong desire to save for retirement

A recent study on the significance of gender for Hispanic savings and retirement found two important things:

1. Hispanic women have a huge appetite for financial education and a strong desire to save

2. Their savings could provide a critical safety net to America’s largest minority group.

“This study demonstrates that if financial information is communicated simply and respectfully, and in culturally and linguistically competent ways, Latinas, especially, will listen,” said Karen Richman, Ph.D., the principal investigator of the study, a collaboration between the National Endowment for Financial Education and the University of Notre Dame.


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