More than a quarter of U.S. millennials plan to use crypto to fund retirement -Breaking
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Survey: Nearly 25% of U.S.-born millennials expect to use crypto as a retirement fund.According to a recent survey published by Investopedia, 28% of the U.S. millennials polled said they expect to use cryptocurrency to support themselves in retirement — a figure that was higher than those who said they would use savings (25%) and stock investments (27%) to fund their retirement. This was also true for 20% and 17% respectively of Gen X respondents. This survey, which was done in support of Financial Literacy Month, was completed by 4,000 adults aged 18-76.
The majority of those surveyed ranked their financial literacy in saving, spending taxes, and debt management as “advanced” in all other subjects. The lowest scoring of all the eight concepts, however, was 27%.
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