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BlackRock's Larry Fink on the retirement savings crisis Workers who are 45 and above need to include longevity in their retirement planning as the country faces a retirement savings crisis, Larry Fink of BlackRock. As people tend to be healthier and often live longer than expected, longevity should be viewed as a "blessing" that gives them the opportunity to continue working past the age of retirement. The fear of loss is a factor that keeps people from building adequate nest eggs for their golden years, and the government may consider putting up a mandatory retirement savings system to address the crisis, Fink says. -- Businessweek
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