TIAAIn 2019, The Employee Benefit Research Institute found that 40% of Americans are projected to run out of money in retirement, “Retirement Savings Shortfalls: Evidence From EBRI’s 2019 Retirement Security Projection Model,” March 7, 2019
Among young adults 24-35: 22% don’t have a retirement savings plan (either employer plan or personal IRA); 41% do not participate in an employer retirement savings plan, TIAA Institute. 2023, June, 1. Young adults, their attitudes and outlook toward retirement and the future.
In 2024, TIAA will cause music royalties/streaming proceeds from any :30 or longer stream of Wyclef Jean’s song “Paper Right” to go to First Generation Investors, a non-profit organization committed to teaching students how to invest. Applies to any music streaming services where “Paper Right” is available. Royalty rates/streaming proceed amounts vary per stream, depending on platform rates.
#RetireInequality brand ambassadors and Essence Festivals Productions, LLC. received compensation from TIAA for making this endorsement and are not affiliated with TIAA.
Pusha T appears courtesy of Victor Victor / Def Jam Recordings, a division of Universal Music Group.
Lola Brooke appears courtesy of Team Eighty Productions / Arista Records, a division of Sony Music Entertainment.
In 2018, The Center for Retirement Research at Boston College found that 54% of Black Americans are at risk of falling short in retirement, as calculated by the National Retirement Risk Index which assesses retirement security of today’s working-age households.
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