The growth of the womanâs movement, and its impact on the consciousness of African-American women in particular, helped fuel a âblack womenâs literary renaissanceâ of the 1970s, beginning in earnest with the publication of âThe Bluest Eyeâ (1970), by Toni Morrison.
Even if you started saving every month since your childâs birth and earned an annualized average return of 7 percent, you have to put away $215 each month for college savingsâand thatâs for only one child attending a public college.
The average retirement savings of all American families is $95,776, but there is more to that number than meets the eye. Since so many families have no savings, the median â 50th percentile â family has just $5,000 saved. The median for families with savings accounts is $60,000: