Generation Z 🤖prefers investment 💰in Cryptocurrency.

According to the 2024 Policygenius Financial Planning Survey baby boomers are prouder of their financial status 78% than millennials 70% and Gen Z 64%.

What is the Baby Boomer Generation?

The Baby Boomer generation was born between 1946 and 1964. They follow the Silent Generation and precede Generation X.

What is the Millennials Generation?

Millennials, or Generation Y are those born between 1981 and 1996. They are the largest adult population group worldwide and make up the largest proportion of the workforce.

What is the Gen Z Generation?

Generation Z known as iGeneration or Zoomers is the demographic cohort of people born between 1997 and 2012. As of 2023 Gen Zers are between the ages of 11 and 26.

The survey also revealed that.

👉 20% of Gen Z own cryptocurrency while only 18% own stocks.

👉14% of Gen Z have tried infinite banking, which refers to borrowing against the cash value of a whole life insurance policy.

👉 Compared to Gen X and baby boomers 2% Gen Z and millennials 8% are more likely to turn to social media first when seeking financial advice.

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