Younger males aren’t investing in a 401(okay) for retirement — they’re banking on bitcoin
Outside the Box
Income level, education and political beliefs all influence crypto ownership
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Young American men are betting big on crypto. Traditional retirement savings? Not so much.
A recent survey of 1,000 U.S. men 18-29 from YouGov and the Young Men Research Project (YMRP) — a research organization studying social and political trends among young American men — found that 26% of young men own cryptocurrency and 28% own any crypto-based asset — including currency, crypto-based ETFs, or both. That’s higher than the 21% percent who have a 401(k), Roth IRA or similar retirement fund. For context, 24% of young men hold individual stocks — trailing crypto ownership.