Latinos save less for retirement – part two

Posted by Elena del Valle on September 16, 2009

An expert viewpoint: interview with Xavier Serbia
(Part two of a two part article; part one was published last week)
Click here to read part one of Latinos save less for retirement
By Silvia Pingitore
Journalist, writer and illustrator

When and why did you decide to create a financial website in Spanish? Did you realise there was a lack of financial information in this language?

The website was created in 2003. I realized the lack of quality, well-balanced information in Spanish related to personal finance. Not only did I register a lack of personal finance knowledge amongst Hispanics, but also a lack of transparency in the information delivered to the public. The information available was produced by financial companies and/or financial salespeople portrayed as “unbiased and educational” using mainstream media.

Click here to read part two of Latinos save less for retirement

Reach Hispanics online today with

“Marketing to Hispanics Online” audio recording

Identifying and characterizing the booming Hispanic online market

Joel Bary, Alex Carvallo and Matias Perel

Find out about

• The 16 million Latino online users
• Latino online users by gender
• What they do online
• Their language preferences
• How to reach Hispanic urban youth online
• What affects their online behavior
• What influences their purchases

Click here for information about “Marketing to Hispanics Online”

Latinos save less for retirement – part one

Posted by Elena del Valle on September 9, 2009

But how well do they understand the 401(k) plan? An overview of the lack of financial information in Spanish
(Part one of a two part article; part two will be published next week)
By Silvia Pingitore
Journalist, writer and illustrator

The study 401(k) plans in living color – published by the business consultant Hewitt Associates and the non-profit educational foundation Ariel Investments – made a large scale analysis of 401(k) participation by race, studying the ethnic disparities in retirement savings.

Examining 3 million 401(k) plans at 57 corporations among the largest firms in the United States, this landmark study has shown that African-American and Hispanic workers save significantly less for retirement than their white and Asian colleagues.

Click here to read part one of Latinos save less for retirement

“Happy for No Reason” audio recording

Presenter Marci Shimoff, author, Happy for No Reason

What: An audio presentation by Marci Shimoff and Q&A with Marci Shimoff and HispanicMPR.com audio program host Elena del Valle about finding happiness.

Available exclusively on HispanicMPR.com!

Click here to listen to a short interview with Marci

Click here for more information on “Happy for No Reason” audio recording with Marci Shimoff