Gen Zers are more likely to own crypto than stocks as they take a different approach to financial planning than older generations, according to a Policygenius survey. 

About 18% of GenZers own stocks and 20% own cryptocurrency, according to the 2024 Policygenius Financial Planning Survey released on Tuesday. For reference, 33% of Boomers own stocks and just 5% own crypto.

YouGov conducted the survey on behalf of Policygenius in mid-October, polling 4,063 Americans age 18 or older. The average margin of error was +/—2%, according to Policygenius. 

"Younger generations store their wealth differently than their Gen X and boomer counterparts, including novel investments like cryptocurrency. This could show a bigger willingness to take risks with their money, but it could also …