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Retirement crisis is growing says BlackRock CEO

NPR

Published March 26, 2024 at 9:33 AM EDT

Larry Fink, CEO of the influential investment firm BlackRock, has warned global leaders of a growing retirement crisis in his annual letter to shareholders. Fink says a rapidly aging population is putting serious pressure on social systems meant to support retirees and, in turn, putting more pressure on the working-age population.

Roben Farzad, host of public radio’s “Full Disclosure,” dives into the numbers behind the warning. He joins host Robin Young for more.

This article was originally published on WBUR.org.