Isn’t my retirement affected by crypto markets?

[William Z]

As Schwab and Fidelity bring crypto to more people, how can I know my retirement is safe from big price changes? Are there real safeguards that ensure stablecoins are backed by cash, or am I facing unknown risks in Wall Street’s new trial?

[Mark]

It’s totally fair to feel like your hard-earned savings are part of a giant experiment. The great thing is that the new GENIUS Act now requires stablecoins to be backed 1:1 by actual cash, and there will be monthly audits to ensure they stay legit.

You need to understand that if you use Fidelity or Schwab, your regular stocks and bonds are safe under SIPC insurance—they do not mix with the crypto part. Most experts say to keep crypto as a small part of your investments, about 1% to 5%, instead of making it the main part of your portfolio because it doesn't have the same insurance. It keeps you in the game without betting the whole house.