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I believe in capitalism, that in the long run it's the best economic model in
the world. But what disturbed me as I wrote this letter, we never talk about
retirement. It is not a conversation we're having, and that is why it's becoming
a bigger and bigger problem. If individuals had better information on how to
navigate it over their 30- or 40-year journey of work, they then can build the
adequacy.

This material is for informational purposes and is prepared by BlackRock, is not
intended to be relied upon as a forecast, research or investment advice, and is
not a recommendation, offer or solicitation to buy or sell any securities or to
adopt any investment strategy. The opinions expressed are as of date of
publication and are subject to change. The information and opinions contained in
this material are derived from proprietary and nonproprietary sources deemed by
BlackRock to be reliable and are not guaranteed as to accuracy or completeness.
This material may contain ’forward looking’ information that is not purely
historical in nature. There is no guarantee that any forecasts made will come to
pass. Reliance upon information in this material is at the sole discretion of
the reader. Past performance is not indicative of current or future results.
This information provided is neither tax nor legal advice and investors should
consult with their own advisors before making investment decisions. Investment
involves risk including possible loss of principal.

In the U.S., this material is intended for public distribution.

MKTGSH0424U/M-3540279


LARRY FINK ON RETHINKING RETIREMENT

Larry Fink considers the challenge of retirement, why it has become an
increasingly difficult proposition for too many, and what opportunities exist
and will be developed to help people achieve their financial freedom.

Listen to the full podcast episode Listen to the full podcast episode
ABOUT US


ABOUT BLACKROCK IN THE U.S.

Well, it’s actually about you: our stakeholders. As a global asset manager and
fiduciary to our clients, our purpose has always been to continue finding new
ways to help more and more people experience financial well-being.

Learn more about BlackRock Learn more about BlackRock
Keep exploring
 * Account Access Account Access
 * How to plan for retirement How to plan for retirement
 * 529 College savings plan 529 College savings plan




LEARN MORE

iShares iShares
Aladdin Aladdin
Explore more
Funds
 * FUND TYPE
   * Mutual funds
   * iShares ETFs
   * Closed-end funds
 * ASSET CLASS
   * Cash alternatives
   * Commodity funds
   * Stock funds
   * Bond funds
   * Multi-asset funds
   * Real estate funds
 * FUNDS IN FOCUS
   * Science and Technology Trust
   * Resources & Commodities Strategy Trust
   * Global Allocation Fund
   * LifePath Index Retirement Fund
   * Technology Opportunities Fund
   * iShares Core S&P 500 ETF

 * All funds All funds
 * 529 College Savings Plan 529 College Savings Plan

Investment strategies
 * ACTIVE STRATEGIES
   * BlackRock Impact Opportunities
   * Fixed Income
   * Fundamental Equities
   * Multi-Asset Strategies & Solutions
   * Systematic Investing
 * OTHER STRATEGIES
   * Cash management
   * Factor-based investing
   * Investing for retirement
   * LifePath® target date funds

 * All active investment strategies All active investment strategies

Insights & education
 * INSIGHTS
   * Weekly commentary
   * Global investment outlook
   * BlackRock Investment Institute
   * Investment stewardship
   * Our approach to sustainability
   * Portfolio management views
 * EDUCATION
   * Education center
   * Retirement volatility strategies
   * Planning for retirement
   * What is a 401(K)?
   * Closed-end funds
   * Mutual funds
   * Document library
 * DOCUMENTS & FORMS
   * Factsheets
   * Shareholder reports
   * Regulatory documents
   * Share classes and loads
   * Tax information
   * Forms & Applications
   * 529 Forms & Applications
 * TOOLS
   * LifePath spending tool
   * LifePath selector tool
   * iShares core builder
   * College saving estimator

 * All insights All insights
 * The Bid podcast The Bid podcast

About us
 * OUR COMPANY
   * About BlackRock
   * BlackRock retirement
   * Careers
 * Connect with us
   * Customer service
   * Digital service

Keep exploring

As a global investment manager and fiduciary to our clients, our purpose at
BlackRock is to help everyone experience financial well-being. Since 1999, we've
been a leading provider of financial technology, and our clients turn to us for
the solutions they need when planning for their most important goals.

 * 
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 * 



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Investing involves risk, including possible loss of principal.

Carefully consider the Funds' investment objectives, risk factors, and charges
and expenses before investing. This and other information can be found in the
Funds' prospectuses or, if available, the summary prospectuses which may be
obtained visiting the iShares ETF and BlackRock Mutual Fund prospectus pages.
Read the prospectus carefully before investing.

 

Investing in commodity-related companies may increase volatility. Price
movements are outside of the Fund’s control and may be influenced by weather and
climate conditions, livestock disease, war, terrorism, political conflicts and
economic events, interest rates, currency and exchange rates, government
regulation and taxation. Commodity futures trading may be illiquid. In addition,
suspensions or disruptions of market trading in the commodities markets and
related futures markets may adversely affect the value of the Fund.

Funds that concentrate investments in specific industries, sectors, markets or
asset classes may underperform or be more volatile than other industries,
sectors, markets or asset classes and than the general securities market.

Real estate investment trusts ("REITs") are subject to changes in economic
conditions, credit risk and interest rate fluctuations.

International investing involves risks, including risks related to foreign
currency, limited liquidity, less government regulation and the possibility of
substantial volatility due to adverse political, economic or other developments.
These risks often are heightened for investments in emerging/ developing markets
or in concentrations of single countries.

There is no guarantee that dividends will be paid.

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by
Barclays, Bloomberg Finance L.P., BlackRock Index Services, LLC, Cohen & Steers
Capital Management, Inc., European Public Real Estate Association (“EPRA® ”),
FTSE International Limited (“FTSE”), ICE Data Services, LLC, India Index
Services & Products Limited, JPMorgan Chase & Co., Japan Exchange Group, MSCI
Inc., Markit Indices Limited, Morningstar, Inc., The NASDAQ OMX Group, Inc.,
National Association of Real Estate Investment Trusts (“NAREIT”), New York Stock
Exchange, Inc., Russell or S&P Dow Jones Indices LLC. None of these companies
make any representation regarding the advisability of investing in the Funds.
With the exception of BlackRock Index Services, LLC, who is an affiliate,
BlackRock Investments, LLC is not affiliated with the companies listed above.

Neither FTSE nor NAREIT makes any warranty regarding the FTSE NAREIT Equity
REITS Index, FTSE NAREIT All Residential Capped Index or FTSE NAREIT All
Mortgage Capped Index; all rights vest in NAREIT. Neither FTSE nor NAREIT makes
any warranty regarding the FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index,
FTSE EPRA/NAREIT Developed Europe Index or FTSE EPRA/NAREIT Global REIT Index;
all rights vest in FTSE, NAREIT and EPRA.“FTSE®” is a trademark of London Stock
Exchange Group companies and is used by FTSE under license.

Fixed income risks include interest-rate and credit risk. Typically, when
interest rates rise, there is a corresponding decline in bond values. Credit
risk refers to the possibility that the bond issuer will not be able to make
principal and interest payments.

The Funds are distributed by BlackRock Investments, LLC (together with its
affiliates, “BlackRock”).

This material is intended for information purposes only, and does not constitute
investment advice, a recommendation or an offer or solicitation to purchase or
sell any securities, funds or strategies to any person in any jurisdiction in
which an offer, solicitation, purchase or sale would be unlawful under the
securities laws of such jurisdiction.

In the U.S., this material is intended for public distribution.

© 2024 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK,
LIFEPATH, ALADDIN and iSHARES are trademarks of BlackRock, Inc. or its
affiliates. All other trademarks are those of their respective owners.

USRRMH0824U/S-3813249



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