Here's how BlackRock CEO Larry Fink says you can best weather the US retirement crisis

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nest egg a long time ago, as Fink’s firm hit a record $12.5 trillion in assets under management in Q2 of 2025, he has a warning for his peers without substantial retirement savings in the bank.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howI'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast)Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it“If the tariffs are instituted over the next five months, I think we’re going to see very elevated inflation,” Fink said at the Forbes Iconoclast Summit in June, adding, “We are going to start seeing the impact of these tariffs that are going to start impacting the economy over the course of the next five months.”However, Fink has been surprisingly supportive of Trump’s tariff policies."Let's be clear, the U.S. deficits are an issue ... the U.S. economy needs a 3% growth rate to overcome its deficits and I do believe what President Trump is trying to do is consistent with what the kingdom has been trying to do, they are trying to create more public-private investing," Fink said at the Saudi-U.S. investment forum in May.Here’s what you need to know now to build a strong nest egg for whatever the future may bring.One-third of Americans don’t have any retirement savings at all, according to Larry Fink’s 2025 Annual Chairman’s Letter to Investors. But Social Security is a good place to start.As of July 2025, the average monthly benefit for retirees is $1,918.22, according to the Social Security Administration. Supplemental security income for those over the age of 65 amounted to $593.96 on average last month."Social Security is a fantastic foundation for retirement," Fink said in an interview with Bloomberg last March. "But if that's all you have when you retire, you're going to be living below the poverty line. It's supplemental, but it's not meant to be the totality of what you have in retirement."With the combined reserves of old-age and survivors' insurance projected to become depleted in 2023, relying on social security alone might not be feasible.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,448.75 -6.75 (-0.10%)Dow Futures45,293.00 -58.00 (-0.13%)Nasdaq Futures23,472.25 -26.00 (-0.11%)Russell 2000 Futures2,338.70 -5.40 (-0.23%)VIX15.38 +0.59 (+3.99%)Gold3,424.20 +6.70 (+0.20%)PortfolioSign in to access your portfolioSign inTop gainersSSL Sasol Limited 6.98 +0.69 (+10.97%)PRM Perimeter Solutions, Inc. 21.21 +1.73 (+8.88%)IREN IREN Limited 23.12 +1.69 (+7.89%)MP MP Materials Corp. 72.31 +4.43 (+6.53%)RKLB Rocket Lab Corporation 47.22 +2.84 (+6.40%)Top losersNEGG Newegg Commerce, Inc. 85.00 -15.75 (-15.63%)KDP Keurig Dr Pepper Inc. 31.10 -4.03 (-11.48%)FRPT Freshpet, Inc. 56.29 -6.33 (-10.11%)TNXP Tonix Pharmaceuticals Holding Corp. 34.59 -3.39 (-8.93%)BMA Banco Macro S.A. 60.00 -5.54 (-8.45%)Most activeOPEN Opendoor Technologies Inc. 4.5400 -0.4700 (-9.38%)NIO NIO Inc. 6.09 -0.25 (-3.94%)INTC Intel Corporation 24.55 -0.25 (-1.01%)NVDA NVIDIA Corporation 179.81 +1.82 (+1.02%)SOFI SoFi Technologies, Inc. 26.15 +1.13 (+4.52%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersGPRO GoPro, Inc. 1.6500 +0.4400 (+36.36%)TLRY Tilray Brands, Inc. 1.3900 +0.2400 (+20.87%)IBKR Interactive Brokers Group, Inc. 62.76 +0.36 (+0.58%)BYND Beyond Meat, Inc. 2.5900 +0.1400 (+5.71%)OPAD Offerpad Solutions Inc. 3.6400 +2.1000 (+136.36%)Top economic events