# BlackRock CEO Larry Fink spoke to Stern students about saving for retirement

1 School News May 7, 2013 ![Fortune logo](/sites/default/files/styles/246w/public/assets/images/con_031172.jpg?itok=61CxYB-R)>

Excerpt from [Fortune](http://finance.fortune.cnn.com/2013/05/07/larry-finks-radical-retirement/) -- "'We're at a point now where the interest rate cycle makes it very difficult \[for investors to save\],' he said, during remarks delivered to a group of NYU Stern business school students. 'If you can no longer buy a 30-year bond with a 7% yield, how will investors achieve the necessary savings outcome?'"

[Read more](http://finance.fortune.cnn.com/2013/05/07/larry-finks-radical-retirement/)

Additional coverage appeared on [Bloomberg](http://www.bloomberg.com/news/2013-05-07/fink-says-u-s-workers-need-mandatory-retirement-savings.html), [Bloomberg Businessweek](http://www.businessweek.com/news/2013-05-07/blackrock-s-fink-says-workers-need-mandatory-retirement-savings), [CNBC](http://www.cnbc.com/id/100716823), [InvestmentNews](http://www.investmentnews.com/article/20130507/FREE/130509918) and [Politico](http://www.politico.com/morningmoney/0513/morningmoney10620.html).