BlackRock CEO: U.S. Retirement Age 'Crazy,' Suggests Working Longer Despite Concerns

• BlackRock CEO Larry Fink says the U.S. retirement age of 65 is "crazy" and outdated, originating from the Ottoman Empire • He suggests Americans should work longer to address strains on the retirement system from increased lifespans • But experts note many Americans face ageism, health issues, or job loss that force earlier retirement • Fink has a vested interest as head of the world's largest asset manager managing retirement accounts • He says the baby boomer generation has an obligation to help fix retirement insecurity facing younger Americans