77% of Americans Warn Crypto Is Too Risky for Retirement Plans

Americans remain cautious about putting cryptocurrency into their workplace retirement accounts.

A National Institute on Retirement Security survey found that 77% of respondents consider crypto risky. Nearly half, or 46%, called it very risky. More than half of those surveyed, 53%, also said employers should not offer crypto as a retirement investment option.

The concerns come at a difficult time for Americans trying to prepare for retirement.

Retirement Savings Remain a Concern

Four in five respondents said the US is facing a retirement crisis. That figure has risen from 67% in 2020. The survey also found that 61% are worried about having enough money to remain financially secure after retirement.

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For many households, saving has become harder. Sixty-eight percent said pr…

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