Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Sydney Lake

'No one is close': BlackRock’s Larry Fink warns Americans have saved egregiously less than they need for retirement

(Credit: Getty Images—Fabrice COFFRINI / AFP)

Larry Fink has a blunt message for Americans: you haven’t saved enough to retire comfortably, the billionaire BlackRock CEO wrote in his 2025 annual shareholders letter. 

BlackRock, the world’s largest asset management firm with $14 trillion in assets under management, surveyed 1,000 registered voters, asking how much they’d need to retire comfortably, and the average response was roughly $2.1 million. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.