American Workers Have Saved Too Little: BlackRock

The video discusses the challenges of retirement savings, highlighting a study showing a 16% increase in savings for 55-year-olds, but an 18% rise in retirement costs. It emphasizes the importance of understanding how savings convert to retirement income and the role of Social Security. The video also addresses the need for policy changes to ensure future benefits and explores investment strategies, noting that many hold less in equities. Millennials' saving habits are also discussed, stressing the importance of taking calculated risks.

What fundamental disconnect is noted in the research regarding retirement savings?

What changes are suggested to be necessary for the Social Security system?