Full Citation
Title: The economic security of Latino boomers & beyond: The role of citizenship among generational cohorts
Citation Type: Conference Paper
Publication Year: 2011
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Abstract: The foundation for economic security in retirement is laid during ones working life; yet, many Latino workers are falling considerably behind their non-Latino counterparts. Marked distinctions also exist within the Latino population, with non-citizen Latinos showing wealth and income far below Latinos who were born citizens or have naturalized. This presentation uses Census data to reveal trends in immigrant naturalization among various generational cohorts. In 1990, 26% of Latino baby boomer immigrants had naturalized; in 2009, when Generation X was of a comparable age, 37% of Latino GenX immigrants had naturalized. Using data from the Census and the Health and Retirement Study, we highlight income and wealth disparities of these cohorts based on citizenship status and identify the direct effect of naturalization on the change in income over the worklife. Our findings emphasize the importance of naturalization in bolstering economic security in adulthood and helping provide a financially secure retirement.
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Authors: Gassoumis, Z D; Wilber, K H; Torres-Gil, F
Conference Name: The Gerontological Society of America 64th Annual Scientific Meeting
Publisher Location: Boston, MA
Data Collections: IPUMS USA
Topics: Aging and Retirement, Migration and Immigration, Poverty and Welfare, Race and Ethnicity
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