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112: An Equitable Approach To Retirement | Retirement Mini-series pt. 2

The Bid

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Is There a Racial Wealth Gap?

There is a 10 to 1 racial wealth gap between white Americans and black Americans. The financial fragility, especially the people of color and workers of color face in this country, manifests itself in a number of ways. There's competition for dollars; there's an access issue. You will also see in terms of savings rates on a monthly basis, folks of color, say about 25% less a month.

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