BlackRock Survey

Latin Americans Save Far Less than What They Will Likely Need for Retirement

Date:

Latin Americans Save Far Less than What They Will Likely Need for Retirement

Author: Alicia Miguel

  1. Majority of Latin Americans would like to invest internationally
  2. Yet, many are not saving enough for retirement, see a need to make their money “work harder”: Latin Americans are more willing than global investors to take on higher investment risks to achieve higher returns
  3. Latin Americans have 59% of their investable assets in cash and says it “makes them feel safe"
  4. Nearly three-quarters of Latin Americans (74%) have a positive view of their financial future, particularly Colombians (84%)