4/12/22-Crypto and Investing Top Financial Literacy Education Gaps Across Generations
- April 12 2022
- By: info@njcfe.org
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Crypto and Investing Top Financial Literacy Education Gaps Across Generations
The 2022 Investopedia Financial Literacy Survey polled 4,000 U.S. adults
April 4, 2022 | investopedia.com
Most U.S. adults have a beginner’s understanding of cryptocurrency, but plan on using such assets as a key source of retirement funds, according to a new multi-generational financial literacy study from Investopedia.
In the spirit of Financial Literacy Month this April, Investopedia asked 4,000 U.S. adults—1,000 each from Generation Z (18-25), millennial (26-41), Generation X (42-57), and baby boomer (58-76) generations—about their financial know-how, habits, worries, and retirement plans. The 2022 Investopedia Financial Literacy Survey found Americans are simultaneously trying to grasp personal finance basics, thinking about retirement, and investing in crypto. They learn differently than older generations, too.