While the share of whites atrisk in retirement was 48 percent, for black people it was 54percent and for Hispanic people, 61 percent. (Photo:Shutterstock)

How well people prepare for retirement varies substantially byrace and ethnicity, which leaves some groupsconsiderably farther behind others when it comes to retirement risk.

Overall, it's not a pretty picture, according to a brief from the Center for Retirement Researchat Boston College. Among its findings are the “enormous” earningsand wealth gaps between whites and minorities, as well as the waysin which those disparities translate into retirementpreparedness.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.