Microsoft and BlackRock, the world’s largest money manager, are coming together in a new partnership focused on changing how people plan and save for retirement.

A press release on the alliance was short on details of how the two firms are going to attack a major potential crisis with current and future generations staring down retirement age with little to no savings. Microsoft cites the upended pension system, and a shift in responsibility of planning and saving for retirement from companies to people, plus longer life spans, as part of the problem.

Read More .. Source:Geekwire

 

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