Hispanic Wealth Survey 1

2013 Summary Findings

Retirement Attitudes, Expectations and Realities of Mexican Immigrants to the United States:

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Hispanic Wealth conducted its first Survey on Retirement Attitudes, Expectations and Realities of Mexican Immigrants to the United States, to better understand the conditions and complexities in planning for retirement faced by each one of the close to 12 million Mexican immigrants that make up this group.

We collected 4,169 responses It is the goal of Hispanic Wealth to spark a debate regarding the challenges which Mexican Americans and other minorities face in achieving retirement security in the U.S..

This debate should consider initiatives on how to beat the odds of retiring with dignity, and how to change the odds altogether. An example of the implied intergenerational retirement contract is presented.

Download our survey results here:

$17 Click here to get2016 Updated Survey Findings


$13 Click here to get2013 Survey Summary Findings


Sample of Survey Results

September 2013




1. It is better for children to live with their parents until they marry



4. I expect my children’s financial  support during  my  old age



11. I’m saving for retirement



% of those who consider better for children to live with parents, and expect children’s support in old age


% of those who consider better for children to live with parents, who expect children’s support in old age and are saving


12. I give money to support my parents or in-laws in their old age



% Supporting parents or in-laws with either money or housing, that are saving



About Hispanic Wealth

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Discover efficient ways for Hispanics to grow and manage their personal wealth.


Become the trusted advisor in the Hispanic community regarding long-term or high-impact financial decisions.


Integrity: We believe in the ethical and honest nature of people and value the personal and professional commitment to conducting business in alignment with the people we serve. We believe that a track record of integrity is the only way to deserve the trust of our clients.  

Prosperity: We believe that each person has the right to improve its economic conditions step by step and value the personal efforts to get ahead and to flourish. We believe in, and encourage, the honest creation of wealth.

Respect for others: We believe in the unique contributions to society that each person can make and value diversity to foster a trusting, open and inclusive environment. We admire the hart of the immigrant and respect its risk tolerance in searching for better opportunities.


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In order to build long-term wealth a basic understanding of financial concepts is needed; money, budgeting, interests, returns, capital markets are some concepts in the list. Unfortunately these topics are seldom taught at school, even less so adapted to the Hispanic culture.

Hispanic Wealth is focused on supporting our clients with third party and tailor-made educational solutions to:

  1. Promote high school, undergraduate and graduate education in order to increase our client’s human capital
  2. Educate on the benefits of budgeting and appropriate use of debt
  3. Promote financial literacy and support financial inclusion, aimed at instructing our clients to understand the retail financial products available to them
  4. Provide financial education


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Financial institutions in the U.S. by and large have targeted Hispanic markets with translations of the material that works for white Americans. Their level of success ranges, from high for third-generation Hispanics, to low for foreign-born Hispanics.

The acculturation process of the Hispanic culture implies that we do not fully assimilate to the U.S. culture but retain certain characteristics of our own cultures

We consult to U.S. financial intermediaries that want to target the Hispanic market

We consult to Latin American intermediaries that want to target the U.S. market


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Hispanics are particularly vulnerable in their preparation for retirement.

  • Hispanics by and large do not participate in private pension plans, since the majority work independently or for small employers, a segment that rarely offers private retirement benefits.
  • In the case when a private plan is offered, many do not participate
  • Financial products that address the financial education needed in order to participate in long-term savings programs considering Hispanic’s cultural needs are scarce
  • Hispanics receive pensions from SSA that are lower than average
  • Lower earnings, shorter periods of coverage, lower density of coverage, affect the average pension.
  • The lack of reciprocity agreements between the SSA and the majority of Social Security systems in Latin America impacts the period over which pension benefits are calculated for foreign born Hispanics.
  • No private plans, lack of vehicles to save and the expectation of lower or no social security benefits provide for a grim outlook.

We can help with retirement education and solutions to target your Hispanic segments.