Retirement Crisis: BlackRock CEO Urges Americans to Work Longer for Financial Stability
New York City, New York – The US retirement system is facing significant strain due to shifting demographics, with Americans living longer and spending more years in retirement, according to BlackRock CEO Larry Fink. In his annual shareholder letter, Fink addressed the challenges posed by an aging population and the need to address the retirement crisis facing the nation and other countries. Fink suggests that one solution to mitigate the strain on the retirement system …