Depend on many aspect.
Let say if I have 10 btc right now, will bitcoin's value after 20 years increased or decrease ??
People need to keep trust on bitcoin to make that happen.
Let say if some hacker able to hack bitcoin in next 20 years, will bitcoin's value still same as now ?
and many questionable fact....
Topic: How many bitcoins do I need to retire in 20 years? - page 93. (Read 320337 times)
If you have in holdings between 5 to 10 Bitcoins you will not need to wait for 20 years from now.I think in few years time price will explode and you will be able to take not only early retirement but also will live a luxurious life.
In order for most people to live luxury life, they need about $10 million. I do not think the bitcoin price will be $1m in the next few years.
This year will take the price to at least $5k so in this case you need only 20 Btc to start living a retired life.I think $100k is good enough for this at least for me is.
If you have in holdings between 5 to 10 Bitcoins you will not need to wait for 20 years from now.I think in few years time price will explode and you will be able to take not only early retirement but also will live a luxurious life.
If we look at the prediction by various financial experts about the price then even 1 Bitcoin is sufficient to take early retirement.I also do believe in time it is quite possible to see 1 Bitcoin=100k $ when it will be traded in umbtc as a unit.
It's not easy to guess this as money required for retirement depends on many things and differs from person to person.
Mainly the geographical location and the cost of living there. I just guess and put it at 20 bitcoins though.
Mainly the geographical location and the cost of living there. I just guess and put it at 20 bitcoins though.
In 20 years it might be enough for some 50 coins it will be 3 or 4 halving by that time
Only one thing is sure price will be high
Only one thing is sure price will be high
If bitcoin evolve all the time and all the improvements are supported by the community, I think the price will be much higher.
Yes what bitcoin needs is the support from the community and society, once they are aware about the advantages of bitcoins there would be much more higher users of bitcoins, and bitcoin price will sure be higher in future and I guess I atleast need 50 btc in my wallet to enjoy good and comfortable retired life.
In 20 years it might be enough for some 50 coins it will be 3 or 4 halving by that time
Only one thing is sure price will be high
Only one thing is sure price will be high
The price becomes higher after the previous 2 halvings. So I think the price will also be higher this time.
In 20 years it might be enough for some 50 coins it will be 3 or 4 halving by that time
Only one thing is sure price will be high
Only one thing is sure price will be high
If bitcoin evolve all the time and all the improvements are supported by the community, I think the price will be much higher.
Depends on your retirement idea, how much you are planing to spend, and of-course where you live. I think I'm old enough in that time. You don't need too much, may be 30 BTC($10k each) is enough for your retire life after 20 years.
Here where I live you will need a minimum of €2000 per month if you want to have OK retirment days. Let's say you will spend 20 years in your retirment period, that would mean 20 years x 12 months = 240 months x €2000 = €480,000. You would need 100BTC to be priced at €5000 to retire from. And then you have nothing special.
Depends on your retirement idea, how much you are planing to spend, and of-course where you live. I think I'm old enough in that time. You don't need too much, may be 30 BTC($10k each) is enough for your retire life after 20 years.
Generally, 30BTC is enough if you already have a home and have other kind of pension. Otherwise, it is not enough if you live too long.
well it depend on the value of bitcoin, even with a home, you need at least 250K to survive 50 years, assuming the minimum 5k per year
so 30 btc need to reach the value of 8k per coins, to satisfy this thing
Depends on your retirement idea, how much you are planing to spend, and of-course where you live. I think I'm old enough in that time. You don't need too much, may be 30 BTC($10k each) is enough for your retire life after 20 years.
Generally for the common person 20 bitcoins is enough for the old life and according to price rate at that time. If you have more dream after the retirement means sure you more than 50 btc. It's upto the personYes it totally depends on your lifestyle and the country you are living in but holding 50 btc would be enough at the time of retirement if the price of bitcoin is descent at that particular time but as future is uncertain we cannot be sure what would be the price of bitcoins at the end of 20 years.
Depends on your retirement idea, how much you are planing to spend, and of-course where you live. I think I'm old enough in that time. You don't need too much, may be 30 BTC($10k each) is enough for your retire life after 20 years.
Generally, 30BTC is enough if you already have a home and have other kind of pension. Otherwise, it is not enough if you live too long.
Depends on your retirement idea, how much you are planing to spend, and of-course where you live. I think I'm old enough in that time. You don't need too much, may be 30 BTC($10k each) is enough for your retire life after 20 years.
Generally for the common person 20 bitcoins is enough for the old life and according to price rate at that time. If you have more dream after the retirement means sure you more than 50 btc. It's upto the person
Depends on your retirement idea, how much you are planing to spend, and of-course where you live. I think I'm old enough in that time. You don't need too much, may be 30 BTC($10k each) is enough for your retire life after 20 years.
In 20 years it might be enough for some 50 coins it will be 3 or 4 halving by that time
Only one thing is sure price will be high
Only one thing is sure price will be high
I do agree with you. I think this year, halving will tell us a lot about future of bitcoin. I am still working on my 1. bitcoin. Hope to get there soon. One thing for sure, I am not giving up.
In 20 years it might be enough for some 50 coins it will be 3 or 4 halving by that time
Only one thing is sure price will be high
Only one thing is sure price will be high
Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?
if you ask about this on early 2011 or 2012,i think you dont need too many bitcoin for your retire on 20 years later,but if you ask nowdays,you need big amount of bitcoin,i think 1000 bitcoin is not enough,now the price is about $450 and its not too expensive when traded to Dollar. 
Get as much as you can. That would be my advice. You never know what bitcoin will be worth in 20 years or so.
So it's best to get as much as you can get and just hold for now, don't spend it until you're going to retire.
So it's best to get as much as you can get and just hold for now, don't spend it until you're going to retire.
I agree with this.
More bitcoin is a bigger chance to win big. And yea also a bigger chance to lose big.
Believing in bitcoin and it's potential makes me think the first thing will happen.
Get as much as you can. That would be my advice. You never know what bitcoin will be worth in 20 years or so.
So it's best to get as much as you can get and just hold for now, don't spend it until you're going to retire.
So it's best to get as much as you can get and just hold for now, don't spend it until you're going to retire.
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