In a recent letter to BlackRock investors, CEO and billionaire Larry Fink said it’s “crazy” that 65 is still considered the normal retirement age. He explained that the challenges facing Social Security and the fact that so many Americans are behind in saving for retirement are crushing the system.
“I do think it's a bit crazy that our anchor idea for the right retirement age — 65 years old — originates from the time of the Ottoman Empire," wrote Fink, who is a boomer himself at age 71.
