Financial Advisors are Being Asked: Is Cryptocurrency right for My Retirement Portfolio?

Financial Advisors are Being Asked: Is Cryptocurrency right for My Retirement Portfolio?

From retiring baby boomers to savings-minded millennials, financial professionals are being asked, “Are the new digital currencies right for my retirement portfolio?”

The booming cryptocurrency market is finding increasing acceptance among retirement-minded investors and financial professionals searching for an added measure of portfolio diversification in their IRA plans. But experts caution that financial professionals should approach this new asset class with the same caution as any other investment and evaluated as to whether it meets the investor’s time horizon, risk tolerance and investment objective.

w aaaa9445 - Financial Advisors are Being Asked: Is Cryptocurrency right for My Retirement Portfolio?

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