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Many White Americans are retiring earlier than planned because they can afford to. But for Black Americans, health problems or disabilities are more likely to force them to stop working prematurely.
That’s one of the findings of a survey released Thursday that focused on challenges facing Black and Hispanic Americans when saving and preparing for retirement.
The January survey found that Black Americans and Hispanic Americans were more likely than White Americans to say they’d retired earlier than anticipated. Some 53% of Black American and Hispanic American retirees said they’d retired earlier than planned, compared with 46% for White American retirees.
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