BlackRock CEO Larry Fink Says Americans Need $2.1 Million to Retire but 62% Have Saved Less Than $150,000, and the First Pension-Free Generation Is Five Years From Finding Out
BlackRock's Larry Fink warned that 62% of Americans have less than $150,000 saved for retirement against a $2.1 million target. Gen X, the first generation without pensions, faces the sharpest cliff.