Retirement planning should account for longevity, says BlackRock CEO

08/8/2013 | Bloomberg Businessweek

U.S. policymakers should focus on how longer life spans are affecting retirement instead of debating entitlement reform, says BlackRock CEO Larry Fink. Many people still think of 62 or 65 as natural retirement ages, when they should be prepared to work longer as longevity increases, he said. "Now it's not uncommon to know a lot of men and women who are in their mid-90s," Fink said.

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