Bitcoin Is The New Retirement Strategy
Secure in custody and monetary policy, Bitcoin is the retirement asset capable of withstanding the challenges of the future.This is an opinion editorial by Robert Hall, a content creator and small business owner.Do you dream of retiring someday? You work all day and put in the hard work to grow your business or to do an excellent job for your employer so you can get a promotion and make more money. What are we supposed to do with our paychecks after the bills are paid, food is put on the table and the kids are taken care of?Conventional wisdom tells us that we should save for retirement to....
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The KiwiSaver Growth Strategy fund, part of New Zealand’s retirement savings program, has allocated 5 percent of its money to bitcoin.
U.S. Citizens might be able to invest in Bitcoin and digital assets as part of their pension and retirement plans, according to the Retirement Savings Modernization Act. Introduced by U.S. Senators Pat Toomey, Tim Scott, and Representative Peter Meijer. Related Reading: Facebook And Instagram Will Allow Users To Connect Their Crypto Wallets The bill was […]
Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans. U.S. Senator and Bitcoin proponent, Cynthia Lummis, would like to see U.S. residents turn to Bitcoin as part of a diversified strategy for their retirement plans. Speaking during the CNBC Financial Advisor Summit on June 29, Senator Lummis stated she would like to see Bitcoin and other crypto-assets become a normal part of diversified asset allocations used for retirement funds in order to protect the from inflation.“I’d also like to see....
If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account. The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC).The new Bitcoin retirement investment plan would go live later this year. It will allow over 23,000 companies associated with Fidelity to administrate their retirement accounts to offer Bitcoin investment options to the customers, reported WSJ.If the proposal to allocate BTC to their....
American retirement savings represent a new beachhead for bitcoin — we just need to make sure people hold their own keys.