People around the world are living longer and the number of retirees is growing. By 2050, the global retirement population will almost triple to 2 billion, growing at twice the rate of the population at large. Longevity should be a blessing, but many investors are worried they will outlive their savings.
Living Longer Around the World1
Average Life Expectancy at Birth 1950-1955 and 2005-2010
"So what do I do with my money?"
Not only should investors consider saving for retirement as early as possible, but also think about how to invest along the way. Because they can use their longevity to ride out market cycles, investors today have the potential to generate income and even build capital throughout all phases of their lives. With retirements likely to span 20 years (or more), investors should consider lengthening their investment horizons and investing across a range of asset classes to generate long-term returns and retain the lifestyle they want.
No matter where you are on your life path to retirement, talk to your financial advisor about how to plan for – and invest – so that you can achieve the lifestyle that you want.
INVESTING IDEAS TO CONSIDER
BlackRock LifePath® Portfolios
The industry's first target date fund that adapts to your changing needs along the path to retirement. It offers a diversified asset mix, automatic rebalancing and experienced management over the long term.
BlackRock Global Allocation Fund
A highly diversified and flexible investment mandate that invests across domestic and international stocks, bonds and cash, in order to provide investors a solid foundation for their long-term investment portfolios.
BlackRock Multi-Asset Income Fund
Seeks out the best income opportunities around the world, across asset classes and within sectors, providing investors attractive, growing and diversified income.
Retirement Resource Center
Navigate Your Retirement Life Path
No matter where you are in your career, whether you are just starting out or have already picked a retirement date, the responsibility for building a secure retirement is yours. Fortunately, there are plenty of actions you can take right now.