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Americans should work past 65 to avoid ‘retirement crisis,’ says BlackRock CEO (finance.yahoo.com)

submitted 2 weeks ago by VetOfTheSeas@discuss.online to c/billionaire@lemmy.ca

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The billionaire, who chairs the world's largest asset manager, kicked off his 2024 letter to shareholders by telling his readers it is "time to rethink retirement" if they want to dodge America's looming "retirement crisis"

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[-] lukaro@lemmy.zip 8 points 2 weeks ago

I'ts greed for a lot of them. My boss who I would never consider to be greedy person is 68 desperatly wants to retire and even with close to 10 mil in the bank he doesn't think he has enough to retire. I want him to retire only because I want to and I've sworne to ride this till the end with my boss.

[-] lobut@lemmy.ca 12 points 2 weeks ago

10 MIL and he doesn't think he has enough to retire? that's insane to me ... I wonder what his burn rate is ...

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