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Why BlackRock’s C.E.O. Wants to Rethink Retirement

Posted on AllSides March 26th, 2024
From The Left

“America needs an organized, high-level effort to ensure that future generations can live out their final years with dignity,” he writes, much as tech C.E.O.s and Washington banded together to shore up U.S. semiconductor manufacturing. Fink adds that he has a good vantage point for the problem, given that over half of BlackRock’s $10 trillion in assets are for retirement. Fink said he wanted to kick off some hard conversations, and offered some initial suggestions: • None Setting up retirement systems to cover all workers, even gig and part-time laborers,...

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