Many Hispanic American consumers are feeling nervous about the future.
Researchers at Prudential Financial Inc., Newark, N.J., explore those consumers’ atittudes about retirement finances in a summary of results from a survey of Hispanic U.S. workers ages 25 to 64 in households with annual incomes of at least $35,000.
About 88% of the survey participants ranked securing adequate health coverage as a top financial goal.
But 80% listed not outliving savings as a top goal, and 76% listed having enough money to achieve their desired lifestyle in retirement as a top goal.
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Only 56% of the participants said they are very confident they can secure adequate health insurance, and just 50% said they are very confident that they will make their savings last through retirement.
About 52% said they feel very confident about their ability to maintain their desired lifestyle in retirement.