title: Retirement Planning Among Hispanics: In God's Hands?
abstract: We conducted a qualitative study on retirement preparedness among middle-aged and older low-income Hispanics in Los Angeles. Data were derived from four focus groups conducted in the greater Los Angeles area. Findings demonstrate how behavioral and cultural factors-family experiences, religiosity, and denial of retirement-explain the lack of savings and preparedness for retirement. Findings also indicate that the majority of participants want to be economically independent and to keep working until they are unable to do so. Participants helped their parents financially but did not feel comfortable asking their own children for help. Instead, participants placed their survival in retirement "in God's hands."
authors.affiliation: a Associate Professor, School of Public Policy , Pepperdine University , Malibu , California , USA.
authors.forename: Luisa R
authors.initials: LR
authors.lastname: Blanco
authors.affiliation: b Assistant Professor, Sol Price School of Public Policy , University of Southern California , Los Angeles , California , USA.
authors.forename: Emma
authors.initials: E
authors.lastname: Aguila
authors.affiliation: c Project Coordinator, David Geffen School of Medicine , University of California Los Angeles , Los Angeles , California , USA.
authors.forename: Arturo
authors.initials: A
authors.lastname: Gongora
authors.affiliation: d Associate Professor in Residence, David Geffen School of Medicine , University of California Los Angeles , Los Angeles , California , USA.
authors.forename: O Kenrik
authors.initials: OK
authors.lastname: Duru
mesh_terms: D000368:Aged; D001294:Attitude to Health / Q000208:ethnology*; D004651:Employment / Q000523:psychology / Q000706:statistics & numerical data / Q000639:trends*; D005260:Female; D017144:Focus Groups; D006630:Hispanic or Latino / Q000706:statistics & numerical data*; D006801:Humans; D007182:Income / Q000639:trends; D015141:Los Angeles; D008297:Male; D012179:Retirement / Q000523:psychology / Q000639:trends*; D011795:Surveys and Questionnaires
keywords: Culture; Hispanics; qualitative methods; religion; retirement; women