Gaps in Retirement Savings Based on Race, Ethnicity and Gender

This document presents Morningstar's research and analysis on the gaps in retirement savings based on race and ethnicity, with a focus on Hispanic Americans. It examines the lower participation and savings rates in retirement plans among Hispanic households, as well as their broader wealth profiles and the factors driving these disparities. The document also outlines potential solutions, including expanded access to retirement vehicles, baby bonds, and enhancements to the Saver's Credit.