The stats are troubling. According to a Pew Research Center analysis a few years ago, wealth of white households was 13 times greater than the wealth of black households.
Many factors may be to blame for the wealth gap, notably income inequality, but retirement savings is equally important.
While January is National Mentoring Month, T. Rowe Price associates around the world volunteer year-round to mentor and support children.
“We’re always looking for solutions that improve outcomes for youth and enrich community life,” says Sandra Van Vloten-McGraw in T. Rowe Price’s Corporate Social Responsibility department. “Mentoring achieves both, and it’s great to see the positive impact these programs have on the kids.”
New Classroom Mode helps teachers and parents build kids’ financial capabilities by focusing on key learning opportunities and tracking progress
Press Release
May 17, 2017 /3BL Media/ - T. Rowe Price has launched a Teacher Edition of the Star Banks Adventure game, a free app and online experience designed to teach kids financial concepts while having fun. The game was designed with a tile-matching concept to engage kids quickly and to reinforce the financial concepts embedded within the game.
March 21, 2017 /3BL Media/ - T. Rowe Price is pleased to announce the release of its first-ever Diversity & Inclusion (D&I) Report. The 2016 report highlights the firm’s continued and purposeful strategy in leveraging differences.
“The firm has made some notable progress in diversity and inclusion,” says Angela Roseboro, head of D&I. “This report provides a comprehensive view of the work the firm has been doing over the past several years.”
CHOMA, Zambia, December 22, 2016 /3BL Media/ -- Zambia’s Southern Province bordering Zimbabwe, home to the storied and soaring Victoria Falls, is a rich cultural mosaic with access to natural resources such as copper and water.
As with other nations whose economics are based on extractive industries, a vast divide between the impoverished and the wealthy has been created, causing the educational infrastructure to suffer.
T. Rowe Price recently released the survey – Parents, Kids, & Money, which surveyed more than 1,000 parents as well as their children between the ages of 8 to 14. This survey revealed that most parents actually want to overextend their money and spending in order to get their children what they want for gifts and holiday presents.
Parents, Kids & Money Survey Finds That Parents Spent an Average of $422 per Child and 25% of Parents Have Been Financially Naughty to Fund Holiday Spending
Press Release
November 2, 2016 /3BL Media/ - T. Rowe Price’s Parents, Kids & Money Survey, which sampled more than 1,000 parents and their 8 to 14 year old kids in February 2016, revealed that many parents are willing to overextend their finances to fulfill their kids’ holiday wish lists. And 25% of parents have either taken from their 401(k)s or their emergency funds or taken a payday loan to cover holiday spending.
5 Steps Women Can Take to Prepare Themselves for a Successful Retirement
Press Release
October 18, 2016 /3BL Media/ - T. Rowe Price joins the retirement industry in recognizing and celebrating National Retirement Security Week through the release of “Women on Retirement: Stories to Empower,” a seven-part, documentary-style video series created to help women navigate the unique challenges they face when saving for retirement.
October 14, 2016 /3BL Media/ - Nine associates from T. Rowe Price’s Colorado Springs office participated in a six-month pro bono service project to help the nonprofit Court Appointed Special Advocates (CASA) of the Pikes Peak Region provide an advocate for all children in need by 2020.