The Retirement Crisis for Women of Color

An older woman of color peeps out a brown door. The top part of her body is visual, and she is wearing a yellow tank top. Mehmet Turgut Kırkgoz/Pexels

There’s long been a gender disparity for women in retirement. But for women of color, racial inequities that prevent them from building and sustaining wealth cripple their financial security.

“Eaton envisions spending her retirement doing many things: writing a book about her sobriety journey, expanding her home, working to advance the Black Lives Movement, ‘laying around in pleasure,’ making music. Though some workers like Eaton are able to foresee a leisurely, financially stable retirement where they can relax and fulfill personal goals, many women, and particularly women of color, are unable to have a secure retirement due to the systemic inequalities they face.”