Nearly 50% of Gen Z and Millennials Want Crypto Exposure in 401(k) Plans As the global financial ecosystem continues to witness major changes, young investors in the United States are increasingly leaning towards crypto assets as an alternative investment option to add to their retirement plans. A recent survey by the U.S. asset manager, Charles Schwab, which polled about 1,100 401(k) retirement plan.
About 45% of millennials and 46% of Gen Z disclosed that they “wish” to invest in cryptocurrencies when asked what investment products they would like to see added to their (401k) retirement plan. The survey further revealed that 43% of Gen Z and 47% of millennials have already invested in cryptocurrencies outside their 401(k) accounts, which Charles Schwab pointed out as an indication of the group’s affinity for the asset class.
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