Boomers and Xers Won’t Be Able to Afford NYC in Retirement—Especially Minorities

Boomers and Xers living in New York City are very anxious about their finances in retirement—and this is especially true for minorities. 58% of black Boomers, 70% of black Gen Xers, and 71% of Hispanic Xers believe they will have to leave the city when they stop working due to unaffordable housing (compared to 66% of all Gen Xers, and 56% of all Boomers…