Investing in Strategic Growth Drivers and Accelerators slide image

Investing in Strategic Growth Drivers and Accelerators

IRH0621U/M-1675207-1/171 The global retirement crisis is accelerating The $70T global retirement savings gap is expected to balloon to $400T by 2050¹ Global aging 2.1B Population over 65 will increase from 600M today to 2.1B in 2050¹ Lack of access 48% With nearly half of global workers in the informal sector, 48% of retirement age people do not receive a pension¹ Persistent low- growth environment 3-5% Equities are expected to perform ~5% below historic averages; bond returns expected to be 3% lower¹ 2015 Note: For footnoted information, refer to slide 110. BlackRock 2050 Precarious short-term savings 40% of people lack enough savings to cover a $400 emergency expense² Inadequate savings rates 10-15% Contributions to DC plans typically significantly lower than the recommended 10-15% target¹ High degree of individual responsibility 50% DC plans now account for slightly over half of global pension assets¹ 103
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