
Americans Say They Need $2 Million To Retire; But Most Have Less Than $150,000 Saved, BlackRock CEO Warns - Financial Freedom Countdown
Larry Fink warned that most Americans are far behind on retirement savings, with many believing they need about $2.1 million to retire comfortably while the majority have saved less than $150,000. As reliance on 401(k)s grows and Social Security Administration faces long-term funding pressure, experts say more retirees are returning to work and companies are exploring new strategies to create reliable retirement income.