"BlackRock CEO Larry Fink Urges Action on Looming Retirement Crisis"
TL;DR Summary
BlackRock CEO Larry Fink addressed the retirement crisis in his annual letter to shareholders, emphasizing the need for government and business leaders to take action. With lifespans increasing and many Americans lacking retirement savings, Fink suggested leveraging capital markets and adjusting the retirement age or encouraging later work as potential solutions. He also highlighted the importance of employer benefits and state-level retirement programs in addressing the issue.
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- BlackRock CEO Larry Fink wants Boomers to fix 'retirement crisis': 'It's no wonder younger generations, Millennials and Gen Z, are so economically anxious' Fortune
- Why BlackRock’s Larry Fink Wants to Rethink Retirement The New York Times
- Larry Fink warns retirement crisis looms for ageing world population Financial Times
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