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Facing a retirement shortfall? What to know before adding crypto to your portfolio

From cnbc.com

As older Americans worry about the size of their nest eggs, some may eye riskier assets, such as cryptocurrency, to cover their shortfall with the possibility of higher returns. “It’s a tough predicament, and I think a lot of people will find themselves in that space,” said certified financial planner Ivory Johnson, founder of Delancey Wealth Management in Washington. About 75% of non-retired U.S. adults have some retirement savings, according to the Federal Reserve’s 2020 Report on the Economic Well-Being of U.S. Households. However, only 36% of non-retired adults said their nest egg is “on track,” the report said. (full story)

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  • Category: Fundamental Analysis