Does Education Narrow the Gap in Wealth Among Older Adults, by Race and Ethnicity?

Differences in median per capita income among White, Black, and Hispanic adults ages 65 and older are narrower when comparing people with similar levels of education, although among college graduates, the gap in income continues to be wide between Hispanic and White seniors. The gaps in savings and home equity remain wide, and are particularly striking among seniors with less than a high school education. The patterns are similar for men and women, as well as across different age groups of older adults.