Bitcoin Investment 10 Years Ago Could Have Doubled U.S. Retirement Savings 💰

Discover how buying Bitcoin at $387 a decade ago could have significantly outperformed the average U.S. retirement savings of $86,900, highlighting the potential of early crypto investments.

Bitcoin Investment 10 Years Ago Could Have Doubled U.S. Retirement Savings 💰
Benzinga
1.8K views • Nov 20, 2024
Bitcoin Investment 10 Years Ago Could Have Doubled U.S. Retirement Savings 💰

About this video

According to the Federal Reserve’s most recent Survey of Consumer Finances, the median retirement savings in the U.S. was estimated to be $86,900. This reflected an increase of 15% from 2019. <br /><br />A separate study by Transamerica Center in 2023 revealed that millennials, those born between 1981 and 1996, saved only $49,000 in retirement funds, while Generation X, born between 1965 and 1980, saved $82,000.

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