New Study Finds All Ages Embrace Crypto for Retirement

Retirement consultancy company Capitalize surveyed 1,004 U.S. workers and found that more than a third of employees have crypto holdings of some kind to fund retirement.

Data from a new survey by retirement consulting company, Capitalize, show that cryptocurrencies are a growing part of post-career investing strategies for individuals across all age categories. 

Key findings of the survey were that the average total needed to retire comfortably was $1.8 million, but those surveyed said they are only socking away $448 per month. That means what they’re investing versus their retirement expectations will have a shortfall, which many of the respondents plan to use crypto investments to help close. 


While crypto is a volatile asset class, it does produce high returns. Younger investors seem to be willing to bet on those results, when you consider that 56% of Gen Zers and 54% of millennials surveyed are including cryptocurrencies in their retirement strategies. Many believe their longer time horizon for retirement affords them greater risk with crypto investments.

The research also found that one-third of younger respondents expect to work for another employer or start their own business once they hit traditional retirement age. Just under 30% want to volunteer at retirement age, while an equal percentage say they want a part-time gig. One-third of millennials and Gen Zers plan to still work full-time when they reach retirement age; with 43% believing that social security benefits will not be able to support them in retirement. 

The survey didn’t specifically question if these extended work plans among the younger demos are intended to avoid boredom or ensure financial security. The Capitalize study used data from a survey of 1,004 Americans located in the U.S. Respondents ranged in age from 18 to 70 years old with an average age of 34. The study has a 3% margin of error on a 95% confidence interval.

As for older employees, 63% of Gen Xers and boomers are also bullish on the idea of including cryptocurrencies within their retirement portfolios, though less than 20% on average are personally investing in those digital assets right now. 


All investors – regardless of retirement targets – need to do their own research and consult certified financial experts when allocating assets for their specific situations. Regardless of the type of retirement vehicle available, or whether you favor stocks, mutual funds, real estate, or crypto, it’s never too late to start saving for your future.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Tor Constantino

Tor Constantino is a former journalist, consultant and current corporate comms executive with an MBA degree and 25+ years of experience - writing about cryptocurrencies and blockchain since 2017. His writing has appeared across the web on Entrepreneur, Forbes, Fortune, CEOWorld and Yahoo!. Tor's views are his own and do not reflect those of his current employer.