Charles Schwab Study Suggests Crypto Investment Is Best For Retirement Savings

A study published by financial giant Charles Schwab shows that investing in crypto is one of the top five methods for retirement savings.

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The study also suggested that Gen Z and millennial workers are more likely to also invest in cryptocurrency,.

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The report features the results of an annual online survey of U.S. 401(k) participants conducted by Logica Research for Schwab Retirement Plan Services Inc.

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More than 4 in 10 Gen Z and millennial workers wish they could invest in annuities and cryptocurrency in their 401(k), the report added.

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When asked about their current investments, 43% of Gen Z respondents said they invest in crypto, compared to 47% of millennial respondents,.

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It is the second most popular method for retirement savings for Gen Z respondents and the third most popular for millennial respondents.

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Gen Z and millennial respondents picked crypto as their top answer to invest in retirment funds.

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