As Americans Live Longer, Retirement System Strained; BlackRock CEO Urges Working Longer While Acknowledging Ageism Faced by Older Workers

• Americans are living longer but spending more years in retirement, putting strain on the retirement system.

• BlackRock CEO Larry Fink suggests Americans work longer to address the retirement funding crisis.

• But many older workers face ageism and involuntary retirement before age 65.

• Fink has a vested interest in Americans saving more for retirement as head of the world's largest asset manager.

• Fink says baby boomers have an obligation to help fix the retirement crisis before leaving leadership positions.