Americans Wary of Crypto in Retirement Plans Despite Regulatory Shift
A new survey from the National Institute on Retirement Security (NIRS) reveals that most Americans remain wary of including cryptocurrency in workplace retirement plans. The research comes as U.S. policymakers work to broaden the range of alternative assets available in 401(k) and other defined-contribution plans.
The NIRS survey found that 77% of respondents view cryptocurrency included in workplace retirement plans as risky, with 46% describing it as 'very risky'. Meanwhile, 53% oppose employers offering crypto as an investment option. These findings are tied to broader anxieties about retirement outcomes, with 80% saying the U.S. faces a retirement crisis.
The survey also highlights affordability challenges facing Americans, with 68% saying it is becoming harder to prepare for retirement and 77% citing debt as a barrier to saving enough.