Unequal Returns: Education Fails to Fully Prepare Black and Latino Americans for Retirement

Table 2.

Summary of Linear Regression WithoutInteraction Terms for Retirement Preparedness

Variable B SE Beta 95% CI p

Ethnicity (Latino) -0.112 0.029 -0.061 -0.169 -0.055 <0.001

Race (Black) -0.151 0.025 -0.093 -0.201 -0.102 <0.001
Age (Year) 0.009 0.001 0.217 0.008 0.010 <0.001

Gender (Female) -0.048 0.016 -0.047 -0.078 -0.017 0.002
Years of Schooling 0.054 0.004 0.239 0.047 0.061 <0.001
US Born 0.033 0.037 0.014 -0.040 0.105 0.377
Working 0.159 0.018 0.142 0.124 0.193 <0.001
Married 0.089 0.016 0.088 0.058 0.120 <0.001

Note: Dependent Variable = Retirement Preparedness