Most Americans Wary of Cryptocurrency in Retirement Plans
A recent survey by Greenwald Research found that most Americans are wary of investing in cryptocurrencies through retirement plans. The online poll of 1,203 U.S. residents aged 25 and older revealed that 77% of respondents consider cryptocurrency a risky option for savings, while 53% do not want employers to offer crypto assets as an investment option.
The survey also showed that 61% of those surveyed fear they will lack financial stability after retirement. This distrust in cryptocurrency is not just about new technologies, but also a fear of losing money that should support them after their careers end.
Artificial intelligence (AI) raises less concern than cryptocurrencies, with 45% of survey participants saying they are uncomfortable receiving financial advice from AI. However, some respondents see practical benefits in the technology, considering it useful for investment decisions and retirement planning.