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1/2 of black Americans don’t have enough saved for retirement

Posted on 3/10/23 at 3:21 pm
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 3/10/23 at 3:21 pm
What percentage of other races don’t either? I’d bet 1/2 of white Americans don’t.

I am all about equality but I also don’t like a commercial that doesn’t paint the real picture.
Posted by Long Ball Larry
Baton Rouge
Member since Apr 2021
1509 posts
Posted on 3/10/23 at 3:22 pm to
when is it ever enough ?
This post was edited on 3/10/23 at 3:22 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40323 posts
Posted on 3/10/23 at 3:23 pm to
If it's only half they are blowing it out of the water.

I suspect it's not even close to half because not even close to half of all Americans have enough saved.
Posted by WestCoastAg
Member since Oct 2012
149500 posts
Posted on 3/10/23 at 3:23 pm to
Whats the stat? Something like 40% of american adults wouldnt be able to afford a freak, unexpected, $400 payment?

I bet most would fall under this and if anything, 50% would be high
This post was edited on 3/10/23 at 3:24 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53115 posts
Posted on 3/10/23 at 3:23 pm to
I would think 70% of all Americans don't have enough saved.

It really is impossible to know how much you'll need though because you don't know how long you'll live.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
36479 posts
Posted on 3/10/23 at 3:24 pm to
quote:

If it's only half they are blowing it out of the water.

I suspect it's not even close to half because not even close to half of all Americans have enough saved.

There's no way that the stat in the OP is accurate
Posted by Odysseus32
Member since Dec 2009
9800 posts
Posted on 3/10/23 at 3:24 pm to
1/2 would be fricking phenomenal.

Not sure where this is coming from.
Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 3/10/23 at 3:28 pm to
So 1/2 of black Americans do have enough saved for retirement? That basically makes them the most financially savvy race in America.
Posted by VABuckeye
NOVA
Member since Dec 2007
38283 posts
Posted on 3/10/23 at 3:29 pm to
quote:

There's no way that the stat in the OP is accurate


It’s a tv commercial that is on repeat.
Posted by dukesilver72
Texas
Member since Feb 2015
1162 posts
Posted on 3/10/23 at 3:29 pm to
No way this is race specific. Most can’t afford a $1,000 sudden expense, much less retirement savings.
Posted by RougeDawg
Member since Jul 2016
7328 posts
Posted on 3/10/23 at 3:29 pm to
quote:

It really is impossible to know how much you'll need though because you don't know how long you'll live.


Or if an egg will cost you $20 in 2035.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136239 posts
Posted on 3/10/23 at 3:30 pm to
Dodge chargers are expensive
Posted by littleavery1948
Member since Oct 2014
5493 posts
Posted on 3/10/23 at 3:30 pm to
quote:

So 1/2 of black Americans do have enough saved for retirement? That basically makes them the most financially savvy race in America.



So does that mean about 80% of them are better than I, because I am not even close. I'm not in bad shape or poor, but I'm not close. At all.
Posted by Fearless Liter
Member since Mar 2023
37 posts
Posted on 3/10/23 at 3:30 pm to
quote:

If it's only half they are blowing it out of the water.


Entitlements don't stop in retirement.
Posted by tigerinthebueche
Member since Oct 2010
37750 posts
Posted on 3/10/23 at 3:33 pm to
define "enough".
Posted by DeltaTigerDelta
Member since Jan 2017
13503 posts
Posted on 3/10/23 at 3:33 pm to
Biden will Repairation that.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64163 posts
Posted on 3/10/23 at 3:34 pm to
quote:

Whats the stat? Something like 40% of american adults wouldnt be able to afford a freak, unexpected, $400 payment?

I bet most would fall under this and if anything, 50% would be high



Idk, I think that number isn't totally accurate otherwise it's very scary.
Posted by GreatLakesTiger24
Member since May 2012
59141 posts
Posted on 3/10/23 at 3:34 pm to
there's no way more than 15% of black people have enough saved for retirement

also, link?
Posted by winkchance
St. George, LA
Member since Jul 2016
6165 posts
Posted on 3/10/23 at 3:35 pm to
Probably the same for white america too.
Posted by tigersownall
Thibodaux
Member since Sep 2011
16689 posts
Posted on 3/10/23 at 3:36 pm to
This honky doesn’t either.
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