03.26.24

Larry Fink Says World Leaders Must Address Growing Retirement Crisis

by: Jack Pitcher

Larry Fink, chief executive of BlackRock, says an aging population is stretching retirement safety nets such as Social Security, an issue that is set to worsen as medical breakthroughs extend people's lives. One of the biggest economic challenges in the mid-21st century will be providing secure retirements, Fink wrote in his annual letter to shareholders. “As a society, we focus a tremendous amount of energy on helping people live longer lives," wrote Fink. "But not even a fraction of that effort is spent helping people afford those extra years.”

Read the full article on The Wall Street Journal