Larry Fink — the CEO of BlackRock, the world’s largest asset manager with $14 trillion of client money — writes in his annual letter to investors this week that the best way to make all for more Americans wealthier, “we have to make long-term investing easier, broader, and more accessible.”

“The world is reorganizing around self-reliance — and that’s expensive,” he writes, and that requires “early wealth-building accounts and a long-overdue conversation about Social Security.”

Fink thinks that Trump Accounts — which let parents jump-start tax-advantaged retirement accounts for a child at birth — are a step in the right direction by getting young people a personal account they have ownership rights to.

But the real “wealth creation lever” involves a revamping of Social Security before it can’t pay out what recipients expect in their retirement years.

Fink wants to allow young people to be able to put their Social Security dollars into personal accounts similar to federal employee Thrift Savings Plan accounts.

Fink may have been persuaded by this chart we sent to him, showing three times higher returns for young workers with personal accounts.

Here is a link to the full Fink letter: