28% of U.S. millennials plan to use crypto to support their retirement according to a recent survey from Investopedia.
Highlights
- 28% of U.S.
- millennials polled said they expect to use cryptocurrency to support themselves in retirement.
- That figure is higher than those who said they would use savings and stock investments to fund their retirement.
- Only 27% of those surveyed said that they understood a lot regarding cryptocurrencies, the lowest score among the eight concepts listed in the questionnaire.
- The survey, conducted in the spirit of Financial Literacy Month, was administered to 4,000 adults ages 18 to 76.
- The younger the participants, the lower their expected median retirement age, according to the report.
Read the original article
Elizabeth Warren demands answers from Binance CEO Changpeng Zhao regarding Crypto Exchange finances