Following are the top retirement risks each group of respondents is most worried about:

Unaffordable health care costs: Black/African American, 55%; Hispanic, 66%; Asian/Asian American, 76%.
Rising cost of living prevents enjoying retirement: Black/African American, 54%; Hispanic, 67%; Asian/Asian American, 74%.
Rising cost of living makes necessities unaffordable: Black/African American, 55%; Hispanic, 63%; Asian/Asian American, 70%.
Unable to care for oneself: Black/African American, 47%; Hispanic, 60%; Asian/Asian American, 69%.
Running out of money before death: Black/African American, 50%; Hispanic, 64%; Asian/Asian American, 65%.
A market downturn will hurt one's nest egg: Black/African American, 52%; Hispanic, 60%; Asian/Asian American, 66%.
Becoming a financial burden to loved ones: Black/African American, 37%; Hispanic, 52%; Asian/Asian American, 55%.

"While it's logical to assume that different ethnic groups have different priorities when planning for retirement, it's eye-opening to see just how varied the level of their concerns are and how that perspective likely affects their approach to spending and saving," Travis Walker, an advisor specialist at Allianz Life, said in a statement.

Instant Insights /

How Retirement Worries Differ Among Diverse Investors

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