Billionaire BlackRock CEO Larry Fink Says 'Almost No One Is Close' To Saving The Nearly $2.1M Americans Claim They Need For A Comfortable Retirement

You've heard the benchmarks. You've seen the surveys. Retirement experts have long floated targets like $1 million or $1.5 million. But when BlackRock asked Americans directly how much they think they'll need, the average answer shot much higher — and CEO Larry Fink said almost no one is on track to reach it. "In January, BlackRock surveyed Americans, asking how much money they'd need to retire comfortably," Fink wrote in his 2025 annual chairman's letter. "When we took the average of those responses, it ...