BlackRock CEO Larry Fink Challenges America's Retirement Age

BlackRock CEO Larry Fink criticizes the U.S. retirement age of 65 as outdated, suggesting that Americans should work longer due to changing demographics and the strain on the retirement system. However, experts argue that ageism and health issues often force older workers to retire earlier than planned. Fink's comments are notable given BlackRock's influence in retirement accounts, and he also promotes a new target-date fund. He urges his generation, the baby boomers, to address the nation's retirement problems before their leadership positions fade, emphasizing the impact on future generations and the country's collective belief in the future.