https://www.businessinsider.com/retirement-saving-advice-2020-from-blackrock-bond-cio-rick-rieder-2019-12BlackRock’s $1.7 trillion bond chief explains why it’s about to become much harder to save for retirement — and shares his best advice for doing it successfully
Safe, high-yielding investments are shrinking in availability at a time when retirement savers need them the most, according to Rick Rieder, the global chief investment officer of BlackRock’s $1.9 trillion fixed income business.
He estimates that 1.8 million people in the US will hit the retirement age of 65 every six months — double the pace from 20 years ago.
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