A worthwhile observation on retirement

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HELP NEEDED: Heaven help me, but I actually agree with Larry Fink:

And when you think about it, how hard would a fix to the problem even be? It came about in the first place, you may recall, after corporate America began to foist defined-contribution plans on their workers to replace their existing, more expensive defined-benefit plans. It was an innovative, money-saving move that, as is now clear, hasn’t worked. So as a solution, raise the retirement age a bit (or maybe a lot) and have the government require employers to offer plans.