Charles Schwab, an asset manager based in the United States, has published its latest survey, illustrating the preference for Bitcoin and Crypto investment by a substantial portion of Gen Z and Millennials.
According to the study, 46% of Gen Z and 45% of Millennials wish to invest in cryptocurrencies to aid their retirement plans.
Gen Z were born between the mid to late 1990s and the early 2010s. In contrast, Millennials are those born from the early 1980s to the mid-1990s.
Further, the study realized that 37% of Gen Z and 54% of Millennials got their first investment experience through 401 (k). In comparison, the figure reads 11% and 10% for Gen Z and Millennials respectively choosing crypto as their first investment option.
Additionally, the survey found that 43% of Gen Z and 47% of Millennials have begun investing in crypto outside their 401 (k).
“401(k) No Longer the Only Path to Retirement”
According to Read more…
