Participants don’t want crypto either

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Ary Rosenbaum - The Rosenbaum Law Firm P.C.

When things are going great, people are interested. When it isn’t, they aren’t.

A new survey of retirement plan sponsors, financial advisors, and plan participants show little interest among plan participants to invest their retirement assets in crypto.

Ubiquity Retirement + Savings survey reveals that only 3.5% of survey participants selected crypto as one of their preferred retirement savings asset classes, ranking them damn last among the investment offerings.

Other investment options are far more popular than crypto, including real estate at 33.2% and even gold, at 7.3%. Investing in a 401(k) (84%); other stock or bond investments (40.8%); and a savings account (36.8%) comprised the top three options for saving for retirement.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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