How do Immigrants Fare in Retirement?

TitleHow do Immigrants Fare in Retirement?
Publication TypeReport
Year of Publication2007
AuthorsSevak, P, Schmidt, L
Series TitleUniversity of Michigan Retirement Research Center Working Paper
Document NumberWP 2007-169
InstitutionMichigan Retirement Research Center, University of Michigan
CityAnn Arbor, MI
Call Numbernewpubs20080229_wp169.pdf
KeywordsDemographics, Net Worth and Assets, Pensions, Social Security

Existing literature suggests that immigrants receive lower wages than U.S.-born workers with similar characteristics. This could imply that immigrant households would enter retirement at a significant financial disadvantage. In this paper, we examine the retirement resources available to immigrant families by examining Social Security benefits, pension coverage, and private wealth accumulation. Our results suggest that although immigrant families may be financially better-off in the U.S. than in their native countries, they do enter retirement at a significant financial disadvantage relative to native born households with similar characteristics.

Endnote Keywords

Immigrants/Retirement Wealth/Social Security/Pensions

Endnote ID


Citation Key5690