Blackrock CEO Larry Fink Gave His 'Diagnosis' Of Retirement Crisis: Rely On Social Security Alone And 'You're Going To Be Living In Poverty'

BlackRock CEO Larry Fink isn't sugarcoating the problem: retirement in America is broken. In a March 2024 interview with Bloomberg, David Westin got straight to the point, asking Fink for his take on the crisis: "Give us your diagnosis of that problem." Fink clarified that millions of Americans aren't financially prepared for their later years. "We have still 57 million Americans who don't have any savings or any retirement plan," he stated. And if those people think Social Security alone will c