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Investors saving for retirement face a brave new world of COVID-19, rising health care costs and even the option of investing in cryptocurrency. FinanceBuzz recently asked 1,000 U.S. adults how they are faring in this changing environment. This is what they found:
Cryptocurrency is going mainstream. Although cryptocurrency may have begun its life as a fringe investment, it undoubtedly has moved into the mainstream. Forty-four percent of U.S. adults who have started saving for their retirement have added at least some cryptocurrency to their retirement investment portfolios, with half of those crypto investors indicating that virtual coins make up a "big part" of their retirement savings.
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