I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you ...

The CEO of a global investment company believes Social Security could be reformed by switching to retirement savings similar to that of Australians.

Languages: English. You can get in touch with Hugh by emailing [email protected] BlackRock CEO Larry Fink has advocated major reforms to the U.S. Social Security system, proposing the ...

Larry Fink, CEO of BlackRock, thinks America would benefit ... While the U.S. Department of Treasury manages the Social Security trust fund, private companies manage retirement accounts for ...

At the BlackRock retirement summit in Washington, D.C. this month, Fink expressed support for more individual ownership in the Social Security system, though he said he wouldn't call it privatization.

The policy shift comes after an internal memo leaked casting doubt on the effectiveness of the agency's strategy.

For anyone who depends on Social Security to pay bills (and millions of Americans do), a 21% cut in benefits may be devastating. Even if someone works for years to maximize their monthly benefit ...