You concerned about Latinx Wealth? Yeah, no one is because NO ONE Is Latinx. But the Centers for Retirement Research is concerned from their academic bubble of non-reality.
https://squaredawayblog.bc.edu/squared-away/health-insurance-increases-latinx-wealth/?unapproved=720445&moderation-hash=94cce7b3dc5f500c4cbb7281d9864b60#comment-720445
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/vanguard-wellesley-income-is-top-choice
Could be a great fund to start with starting in retirement and cash. Or use Vanguard Wellington and cash if you want to be more aggresive
https://www.morningstar.com/economy/what-weve-learned-150-years-stock-market-crashes
Take a look at this what has happend in past in stock market