Charles Schwab Survey: 46% of Gen Z and 45% of Millennials in the U.S. Want to Invest in Cryptocurrency in Retirement Plan

Financial giant Charles Schwab surveyed 1,000 U.S. 401(k) retirement plan participants aged 21 to 70 in October, and 46% of Generation Z (born between the mid-1990s and 2010s) and 45% of Millennials (born between the early 1980s and mid-1990s) expressed a desire to invest in cryptocurrencies as part of their retirement plans. A similar study by Investopedia in April found that only 28 percent of U.S. millennials and 17 percent of Gen Z respondents expected to use cryptocurrencies to support their retirement. the