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Barchart
Barchart
Caleb Naysmith

BlackRock’s CEO Is Backing a $1.5 Trillion Social Security Fund That Needs 75 Years to Work. CBO Projects the Trust Fund Runs Short In 2032.

The proposal is designed to take 75 years. The money it is meant to shore up is projected to run short in about six years.

In his 2026 annual chairman's letter, published on March 23, BlackRock (BLK) chairman Larry Fink endorsed a plan to seed an investment fund alongside the Social Security trust fund. The letter describes it plainly: “The fund would require an initial investment of roughly $1.5 trillion and would be given 75 years to grow. During that period, the Treasury would continue covering benefits. Once the fund matures, it would pay the Treasury back and supplement payroll taxes going forward.”

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