Finhabits estimates 13.6 million Latino adults may qualify for Saver's Match
The report's illustrative scenarios put the eligible group's 30-year retirement balances at $615 billion to $1.02 trillion.
At a glance
Finhabits estimates 13.6 million Latino adults, about four in ten with earnings, may be income-eligible for the federal Saver's Match, a retirement subsidy that begins in 2027.
Under the report's illustrative scenarios, that eligible population could produce retirement balances of $615 billion to $1.02 trillion over 30 years.
The estimate also implies roughly six in ten Latino adults with earnings would not qualify for the income-based subsidy.
Finhabits estimates 13.6 million Latino adults, about four in ten with earnings, may be income-eligible for the federal Saver's Match, a retirement subsidy that begins in 2027.
Under the report's illustrative scenarios, that eligible population could produce retirement balances of $615 billion to $1.02 trillion over 30 years. The range is an illustrative model, not a forecast, but it gives an order of magnitude for the assets at stake if the match drives new or higher contributions.
The estimate also implies roughly six in ten Latino adults with earnings would not qualify for the income-based subsidy.
Save this analysis and keep the funds you follow together in My Desk.
Sign in to save articles or follow funds.