American Fears Outweigh Hopes for Crypto in Retirement Plans
A recent survey by the National Institute on Retirement Security (NIRS) reveals that most Americans view cryptocurrency as a high-risk investment in retirement plans. The research, which polled over 1,200 adults aged 25 and older, found that 77% of respondents believe crypto exposure in workplace retirement plans is risky, with 46% describing it as 'very risky'.
In contrast, only 23% of respondents see cryptocurrency as a safe investment option for retirement. The survey also found that 53% oppose employers offering crypto as an investment option in their retirement plans.
The concerns about retirement security are not limited to cryptocurrency. According to the NIRS report, 80% of survey respondents believe the U.S. faces a retirement crisis, up from 67% in 2020. Additionally, 68% say it is becoming harder to prepare for retirement, and 77% say debt prevents them from saving enough.
The regulatory environment surrounding cryptocurrency investments in retirement plans has been shifting. In May 2025, the U.S. Department of Labor rescinded guidance that urged 401(k) plan fiduciaries to exercise 'extreme care' when considering cryptocurrency investments. The Department of Labor returned to a neutral approach that neither endorses nor discourages crypto as an investment option.