Young Investors Bet Big on Crypto for Retirement’s Sake
A recent survey by Aviva reveals that 27% of UK adults are considering incorporating cryptocurrency into their retirement planning, highlighting a growing openness to digital assets as a retirement investment option [1]. This includes a significant 23% who said they would consider withdrawing part or all of their pension to invest in crypto [1]. Notably, among those aged 25 to 34, 18% had already withdrawn funds from their pensions for this purpose, representing 8% of all respondents [1]. These figures indicate that younger demographics are more inclined to embrace crypto in their retirement strategies.
While the enthusiasm for crypto is evident, concerns remain widespread. Nearly 41% of respondents cited security risks such as hacking…