The future of retirement: BlackRock, other financial companies try monthly check model
BlackRock and others plotting the future of retirement funds. BlackRock and other financial companies are trying out a new type of 401k that will include a monthly check. With a looming retirement crisis due to an aging population, many are looking for ways to secure their future without relying on social security.
Jill Schlesinger, host of “Jill On Money” and a CBS News business analyst, joins host Scott Tong for more.
This segment airs on May 8, 2024. Audio will be available after the broadcast.