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* * Title: Wide Disparities in the Income and Assets of People on Medicare by Race and Ethnicity: Now and in the Future

*Source:* Kaiser Family Foundation

*Author: *Gretchen Jacobson http://kff.org/person/gretchen-jacobson/, Jennifer Huang http://kff.org/person/jennifer-huang/, Patricia Neumanhttp://kff.org/person/patricia-neuman/and Karen Smith

*Date:* Oct 4, 2013

*Abstract:* People on Medicare, including seniors and younger adults with disabilities, often live on fixed incomes supplemented by the savings they accumulated during their working years.1http://kff.org/medicare/report/wide-disparities-in-the-income-and-assets-of-people-on-medicare-by-race-and-ethnicity-now-and-in-the-future/?special=footnotes#footnote-82221-1 ,2http://kff.org/medicare/report/wide-disparities-in-the-income-and-assets-of-people-on-medicare-by-race-and-ethnicity-now-and-in-the-future/?special=footnotes#footnote-82221-2 A person’s ability to build wealth depends on many factors, including their education, health status, marital status, number of work years, household income, periods of unemployment, years of homeownership, access to employer retirement benefits, inheritance, and other financial supports. These financial experiences for individuals during their working years differ by race/ethnicity, which in turn leads to differences across race/ethnicity in income and wealth in retirement.3http://kff.org/medicare/report/wide-disparities-in-the-income-and-assets-of-people-on-medicare-by-race-and-ethnicity-now-and-in-the-future/?special=footnotes#footnote-82221-3 ,4http://kff.org/medicare/report/wide-disparities-in-the-income-and-assets-of-people-on-medicare-by-race-and-ethnicity-now-and-in-the-future/?special=footnotes#footnote-82221-4

* Link: * http://bit.ly/19Zdu0F ---------------------------------------------------------------------- Eugene McElroy, Library Associate James Carey Library, School of Management and Labor Relations Rutgers, the State University of New Jersey 50 Labor Center Way, New Brunswick NJ 08901 848-932-9513 smlrlibrary@work.rutgers.edu http://smlr.rutgers.edu/carey-library