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Topic: How many bitcoins do I need to retire in 20 years? - page 75. (Read 320352 times)

legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
100 bitcoins should be enough if bitcoin price keeps moving favorably.

maybe even and half of that amount but both number are fine the more the better
sr. member
Activity: 462
Merit: 250
You will need a lot of bitcoins to do this, but its also that its the question if the bitcoin will still exist by that year.
Maybe there will come another digital currency that will replace the bitcoin, I think its unpredictable.
sr. member
Activity: 686
Merit: 277
100 bitcoins should be enough if bitcoin price keeps moving favorably.
full member
Activity: 491
Merit: 105
Depends on your location since that would determine how much you actually need to retire, I think bitcoin price would be high and maybe even reach $1000 at that time so around 1,000-2,000 for someone in the united states for example.
sr. member
Activity: 350
Merit: 250
I plan to retire very late. So i reckon i need less retirement money. With this in mind i go for around 100 bitcoins at the end of my career.
I hope this will be enough to lead a good life in my old days.
hero member
Activity: 700
Merit: 500
I guess a 100 or more will be the best number in our current price. But if it goes down that wont be enough.
In today's price it would be 40 grands and if Slum's are not your choices to retire then that amount certainly wont be enough for the rest of your life after you are done.

this price we are expecting in next couple of months at the time of halving so you can be prepared with much higher price after 20 years.
Since when Bitcoin's price is based on expectations of forum users ? or any other retard's speculation with nothing to back it up ?
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
Retirement is a big issue in a person life. But if you can still move your fingers  in that age there will also be so many ways to profit from those fingers and your working brain. I dont think you will be needing so much if you are still strong enough to do that. But if it is resting that you want. I guess a 100 or more will be the best number in our current price. But if it goes down that wont be enough.
full member
Activity: 896
Merit: 115
if the price reaches $ 500 bitcoin I need 1000 BTC for the next 20 years, I want to make a business and live in peace, I also wanted to travel around the world at the time  Grin

The price would be much higher mate in future, this price we are expecting in next couple of months at the time of halving so you can be prepared with much higher price after 20 years.
hero member
Activity: 1204
Merit: 500
if the price reaches $ 500 bitcoin I need 1000 BTC for the next 20 years, I want to make a business and live in peace, I also wanted to travel around the world at the time  Grin
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
it depends on what kind of life you want to live
As good retirement plan for me 1000 bitcoins are enough,
it depends on your country and currency


 it will really depends upon your lifestyle and the country where you live...so instead of investing your retirement to bitcoin, we  must still think of putting some in our bank accounts and some on bitcoin account, as the future is still uncertain...
sr. member
Activity: 413
Merit: 250
it depends on what kind of life you want to live
As good retirement plan for me 1000 bitcoins are enough,
it depends on your country and currency
full member
Activity: 196
Merit: 100
If the value reaches to millions then I believe 10 btc is enough for me to live a good life after retirement, as I don't have a lavish lifestyle, so I think 10 btc would take best care of me.

Be realistic. The price will not go to 1 million.
Suppose we have a realistic value of 2.5k then you need about 400 to get 1 million. Consider everything above 2.5K as a bonus.

Yeah, bitcoin can achieve that figure of 2.5k in future if it survives, but the major concern is what is the total life span of bitcoins, will it really survive that long? Time to think.
hero member
Activity: 714
Merit: 500
SkyFall
If the value reaches to millions then I believe 10 btc is enough for me to live a good life after retirement, as I don't have a lavish lifestyle, so I think 10 btc would take best care of me.

Be realistic. The price will not go to 1 million.
Suppose we have a realistic value of 2.5k then you need about 400 to get 1 million. Consider everything above 2.5K as a bonus.
full member
Activity: 224
Merit: 100
If the value reaches to millions then I believe 10 btc is enough for me to live a good life after retirement, as I don't have a lavish lifestyle, so I think 10 btc would take best care of me.
full member
Activity: 182
Merit: 100
21 Bitcoins in 21 years seems like the perfect way to go. Anything less than 21 Bitcoin just doesn't feel right, you gotta hit that magic number to be safe for a fantastic early retirement, until then, I will not rest for a minute, every second must be about thinking how to increase your Bitcoin stack, otherwise you are wasting your time.

Very true, we should engage ourselves in earning bitcoins at a moment, as it will be more worth in future, more you hold, more profit you earn, and better retired life you live.
legendary
Activity: 1610
Merit: 1183
21 Bitcoins in 21 years seems like the perfect way to go. Anything less than 21 Bitcoin just doesn't feel right, you gotta hit that magic number to be safe for a fantastic early retirement, until then, I will not rest for a minute, every second must be about thinking how to increase your Bitcoin stack, otherwise you are wasting your time.
full member
Activity: 1246
Merit: 116
Maybe 1 BTC
Maybe 100 BTC
Maybe 1000 BTC

Who knows where bitcoin will land in future, and the worst thing is we don't know that whether it will survive that long or not, so its better we play with it in short term.
full member
Activity: 243
Merit: 100
If bitcoin price goes to 1BTC=1USD after 20 years then you only have 1 day left after that 20 years then I guess 1000BTC is enough... Cheesy

Agree. If you hold BTC for 20 years, you would need 1 mio btc or more to retire.
full member
Activity: 182
Merit: 100
If bitcoin price goes to 1BTC=1USD after 20 years then you only have 1 day left after that 20 years then I guess 1000BTC is enough... Cheesy
sr. member
Activity: 287
Merit: 250
Its upon how you plan for the later years after the 20 years of bitcoin earning. Atleast you need 50 bitcoins to have a good life.
Still this is not perfect because we can't exactly predict future of bitcoin. It may rise or it may fall.

Yeah its really difficult to come to certain decision when it comes to the price of bitcoin, as we don't know what would be the price of bitcoin in future, so its better to be ready with some extra coins.
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