Reported about 10 hours ago
Larry Fink, CEO of BlackRock, emphasizes the importance of retirement savings amid the current US retirement crisis, where many Americans lack sufficient funds. He highlights Social Security as a crucial but insufficient foundation for retirement, urging individuals to supplement their savings through consistent contributions to retirement accounts like 401Ks or IRAs. Fink also suggests exploring investments in alternative assets like gold and real estate to enhance retirement security, while advocating for financial education to better prepare citizens for their financial futures.
Source: YAHOO