| Title | How do Immigrants Fare in Retirement? |
| Publication Type | Report |
| Year of Publication | 2007 |
| Authors | Sevak, P, Schmidt, L |
| Series Title | University of Michigan Retirement Research Center Working Paper |
| Document Number | WP 2007-169 |
| Institution | Michigan Retirement Research Center, University of Michigan |
| City | Ann Arbor, MI |
| Call Number | newpubs20080229_wp169.pdf |
| Keywords | Demographics, Net Worth and Assets, Pensions, Social Security |
| Abstract | 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. |
| URL | https://deepblue.lib.umich.edu/handle/2027.42/57433 |
| Endnote Keywords | Immigrants/Retirement Wealth/Social Security/Pensions |
| Endnote ID | 18380 |
| Citation Key | 5690 |
