Investing
Larry Fink Calls on Baby Boomers to Fix ‘Retirement Crisis’
- BlackRock CEO says ‘organized, high-level effort’ is needed
- Fink says young people ‘have lost trust in older generations’
BlackRock Inc. Chief Executive Officer Larry Fink warned of a looming “retirement crisis” facing the US and called on baby boomers to help younger generations save enough for their own futures.
That, he said, will prevent them from becoming disillusioned with capitalism and politics in coming years.