Younger Generations Turn To Crypto For Retirement Savings

A recent study by Bitget Research revealed a shift in how younger generations, particularly Gen Z and Gen Alpha, are approaching retirement planning, with a growing preference for alternative investments like cryptocurrencies over traditional pension systems.

February 12, 2025

A Growing Trend

The study showed that 78% of respondents prefer non-traditional savings options, while 20% are open to receiving pensions in crypto, highlighting the increasing appeal of digital assets such as Bitcoin (BTC).

Additionally, over 40% are already investing in cryptocurrencies, and 87% are considering them for long-term savings. This trend is driven by the ongoing hype surrounding cryptocurrencies as well as a lack of understanding of traditional pension systems, with 73% unsure about how their pension funds are managed.

 

Modernizing Financial Institutions

The study suggests that financial institutions may need to modernize by incorporating blockchain solutions, increasing transparency, and improving financial education to meet the changing demands of these investors.

Moreover, as some state pensions in the United States have already added Bitcoin ETFs, other funds may soon follow suit to stay relevant.

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