Nearly 50% of Gen Z and Millennials Want Crypto Exposure in 401(k) Plans: Survey

Young investors 'wish' to add crypto assets to their retirement savings accounts.

Young investors “wish” to add crypto assets to their retirement savings accounts.

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 retirement plan. This bubbling interest in cryptocurrencies among Gen Z and millennials contrasted with the sentiments of much older investors made up of Gen X and baby boomer respondents.As per the findings, only 31% of Gen X and 11% of boomer respondents have the desire to add crypto assets to their 401 plans. Even more disappointing is the percentage of these older investors already holding crypto asset positions, with 33% of Gen X admitting to having crypto and a meager 4% of boomers.

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