BlackRock is reportedly looking to shakeup employers' default retirement strategies by turning a portion of retirement savings into fixed lifetime payments through target-date funds embedded with annuities.
Nearly two-thirds of American workers fear outliving their retirement savings1
LifePath Paycheck can help alleviate that concern for half a million people with more to follow
Solution is part of.
BlackRock unveils its answer to the looming retirement crisis investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.