Posted 3/27/2024, 1:02:42 AM
Fink: Younger Generations Losing Faith in Boomers to Fix Economy and Retirement
- Larry Fink says Gen Z and millennials have lost trust in baby boomers to fix the economy and retirement system
- He cites data showing Gen Z is 50% more likely than 20 years ago to question if life has purpose and lack hope
- Fink says boomers have focused too much on their own finances over preparing for future generations
- He argues the retirement age needs to increase as life expectancy rises to fix the system
- Fink says restoring hope and bringing youth into the economic fold is key to America's future success