Depends what your ways to earn bitcoin itself + how much you spend bitcoin / months. bitcoin price itself need considered too, increased price = hard to earn it, let's assume earn bitcoin through selling service which now worth 10$ in 0.06 bitcoin, then if the price rise your bitcoin amount will reduced, unless using bitcoin fixed rate(i think it will make hard to get a project).
25 BTC good enough to used as retirement, personally i will using as much as i can earn bitcoin for retirement, when i have a project which i got paid using fiat.
Topic: How many Bitcoins for Retirement. For Average Age and Salary NEWBIE. (Read 1818 times)
November 25, 2016, 05:49:56 PM
November 25, 2016, 01:39:05 PM
I would have to assume at least 100 bitcoins if they stayed around the same price or similar to today (within 2-5x the price). The problem is you never know what they'll be worth so obviously not saving for retirement only with bitcoins. Also I don't get any tax breaks for owning bitcoins 
so that's always an issue too.
so that's always an issue too. November 25, 2016, 11:59:48 AM
I dont know how much bitcoins I will save for the future. Because here
in my country 1bitcoin is quite expensive and hard to earn tha fast.
But I wish I can have save atleast 80bitcoins for retirement.
Thats already a good amount also here in my place mate oh i wish i can have even only the half of it and i can already make a good business to start for that amount, im also trying to buy little by little while im still have my day job and also trying to do good assessment with my alt trade to grow also even little by little. in my country 1bitcoin is quite expensive and hard to earn tha fast.
But I wish I can have save atleast 80bitcoins for retirement.
November 25, 2016, 11:39:39 AM
I dont know how much bitcoins I will save for the future. Because here
in my country 1bitcoin is quite expensive and hard to earn tha fast.
But I wish I can have save atleast 80bitcoins for retirement.
in my country 1bitcoin is quite expensive and hard to earn tha fast.
But I wish I can have save atleast 80bitcoins for retirement.
November 24, 2016, 09:55:20 AM
i think 25 bitcoin is enough for your life and if you are not spend too much for buying all the product you want. and if you have simple living and not to follow the hot trends then i think you can pension and retirement with your bitcoin. because if we just follow the hot trends and not make saving then how many bitcoin you have in your wallet should be fast to be empty and i am sure that you don't want this is happen.
You have no idea how fast the world move, in the future the our expenses will be bigger and we can only be satisfied with 25BTC if by the time bitcoin's price will also increase.25 btc is only a small capital. Yes the price of 1 btc is high but i think this is not enough for a retirement. 75 btc will do and that 75 byc should be use wisely. This enouhh amount of money can help to put a business that will help you to sustain your daily needs in life. Invest on something profitable and save for emergency purpose. I think if your business succeed, you can also the trend and have a peaceful life in your retirement.
November 24, 2016, 09:42:21 AM
i don't know whether I can reach the target or not, but i planned to have more than 100 bitcoin, i really want to enjoy my retirement that is why i need to put a bigger number, and if bitcoin still exist when i retired i believe i can used it to buy small farm and enjoying my old life, i think at that time bitcoin will worth more than 3000$
November 24, 2016, 02:38:05 AM
i think 25 bitcoin is enough for your life and if you are not spend too much for buying all the product you want. and if you have simple living and not to follow the hot trends then i think you can pension and retirement with your bitcoin. because if we just follow the hot trends and not make saving then how many bitcoin you have in your wallet should be fast to be empty and i am sure that you don't want this is happen.
You have no idea how fast the world move, in the future the our expenses will be bigger and we can only be satisfied with 25BTC if by the time bitcoin's price will also increase. 
November 23, 2016, 10:03:27 PM
i think 25 bitcoin is enough for your life and if you are not spend too much for buying all the product you want. and if you have simple living and not to follow the hot trends then i think you can pension and retirement with your bitcoin. because if we just follow the hot trends and not make saving then how many bitcoin you have in your wallet should be fast to be empty and i am sure that you don't want this is happen.
November 23, 2016, 08:42:05 PM
25+ BTC is probably the ballpark for what you're going to need to have under your name if you want to retire with it and have it be a sizeable sum. More practically you're probably looking at something over 100 Bitcoin if you retire around 45 and you want to live off of your Bitcoin alone for the rest of that time, although you'll also have a low quality of living, assuming that you go off of current prices.
With that 45 bitcoin on the day of your retirement will be just a good capital for investment that can sustain you for the rest of your life surviving and living not that too elegant. But if you want to be elegantly living, maybe hundred to thousand bitcoins is the right quantity for sustaining your life and as well as your family without any proper investment but just pure expenditure.
November 23, 2016, 08:07:15 PM
25+ BTC is probably the ballpark for what you're going to need to have under your name if you want to retire with it and have it be a sizeable sum. More practically you're probably looking at something over 100 Bitcoin if you retire around 45 and you want to live off of your Bitcoin alone for the rest of that time, although you'll also have a low quality of living, assuming that you go off of current prices.
November 23, 2016, 08:00:07 PM
I believe in the future bitcoin price will keep on rising, so maybe around 100btc because i predicted the price will be above 1000$, so that will be enough for me to retire in my country
November 23, 2016, 07:11:24 PM
It depends on what the price of Bitcoin is now vs what the price of Bitcoin will be at the time of your retirement. Also it would depend on the average salary in different countries in the world. What would seem enough for you to retire comfortably might not be enough for me to lead a normal lifestyle in my country for example. I think 100 BTC is the bare minimum for Europe because the cost of living is high. Bitcoin has so many variables that I would just choose a solid pension fund and save Bitcoins every month from my salary as I go on the side. It's a win-win situation.
Since I am living on that country which is quite fair to consider for the cost of living. 100 bitcoin will be not just enough for an individual who has a family to support even he is already in retirement. But if the price of bitcoin will reach $10,000 but I don't know if we are able to make that amount of bitcoins before retirement. And for the average age and salary of newbie I guess if we will convert it to bitcoin today 1 bitcoin is just enough for a monthly wage.
November 23, 2016, 12:24:15 PM
It depends on what the price of Bitcoin is now vs what the price of Bitcoin will be at the time of your retirement. Also it would depend on the average salary in different countries in the world. What would seem enough for you to retire comfortably might not be enough for me to lead a normal lifestyle in my country for example. I think 100 BTC is the bare minimum for Europe because the cost of living is high. Bitcoin has so many variables that I would just choose a solid pension fund and save Bitcoins every month from my salary as I go on the side. It's a win-win situation.
November 23, 2016, 11:21:57 AM
In my opinion 25 bTC is sufficient to make at the retirement .
I also thinks that if we have btc of amount 25btc then it is only sufficient at the current time but if You are asking about for next 20-25 year then you need to have 100 BTC because of the reason of rising price in the things in real world .
I also thinks that if we have btc of amount 25btc then it is only sufficient at the current time but if You are asking about for next 20-25 year then you need to have 100 BTC because of the reason of rising price in the things in real world .
I think it depends on which country you are living. There are some countries that 25 BTC is equivalent to millions and to some is not. Also another factor is the standard of living. There countries which is very expensive to live. For me it is more than 100 BTC.
November 23, 2016, 11:17:29 AM
100 btc is.enough. cause bitcoin will rise to its most promising ptice . 1btc= 100kusd. And were all millionares on that time .
When you dream dream big.. i dream to own a massive 200 btc after 25 years.
When you dream dream big.. i dream to own a massive 200 btc after 25 years.
November 23, 2016, 11:17:07 AM
Should We may Counting Period earlier age these times. if we have time 10 Years, And We Should have 5 BTC in one year time. I think it's enough for a happy retirement.
November 23, 2016, 11:10:56 AM
In my opinion 25 bTC is sufficient to make at the retirement .
I also thinks that if we have btc of amount 25btc then it is only sufficient at the current time but if You are asking about for next 20-25 year then you need to have 100 BTC because of the reason of rising price in the things in real world .
I also thinks that if we have btc of amount 25btc then it is only sufficient at the current time but if You are asking about for next 20-25 year then you need to have 100 BTC because of the reason of rising price in the things in real world .
Hi, Good to see that you have removed your negative trust. 25 btc is a good amount and is sufficient only if btc gains good value. If it's good for Retirement or not depends on many factors such as the life style of the person, place where he or she lives. What the price of bitcoin will be and the list goes on.
I recommend everyone to allocate some money every week or month and invest into bitcoin for retirement.
November 23, 2016, 11:00:48 AM
In my opinion 25 bTC is sufficient to make at the retirement .
I also thinks that if we have btc of amount 25btc then it is only sufficient at the current time but if You are asking about for next 20-25 year then you need to have 100 BTC because of the reason of rising price in the things in real world .
I also thinks that if we have btc of amount 25btc then it is only sufficient at the current time but if You are asking about for next 20-25 year then you need to have 100 BTC because of the reason of rising price in the things in real world .
I think it depends on which country you are living. There are some countries that 25 BTC is equivalent to millions and to some is not. Also another factor is the standard of living. There countries which is very expensive to live. For me it is more than 100 BTC.
November 23, 2016, 10:28:28 AM
OP's question is unanswerable, also because the starting post lacks necessary information. Without knowing the time of retirement and the desired standard of living in a certain country no prediction can be made. "Average Age and Salary" is not helpful in that regard, because what's considered "average" greatly varies from person to person and country to country.
However even if these variables would be properly defined, it would still be impossible to make any accurate prediction, because there remain many factors that may influence the amount of BTC needed, whose future influence remains unknown. The two most important are likely the price appreciation of goods and the success of Bitcoin as a currency.
So in my view, picking any number is pure speculation. What's sure: You shouldn't plan your future solely based on Bitcoin. Even if the outlook is bright, you can never be sure about the outcome in a few decades.
ya.ya.yo!
However even if these variables would be properly defined, it would still be impossible to make any accurate prediction, because there remain many factors that may influence the amount of BTC needed, whose future influence remains unknown. The two most important are likely the price appreciation of goods and the success of Bitcoin as a currency.
So in my view, picking any number is pure speculation. What's sure: You shouldn't plan your future solely based on Bitcoin. Even if the outlook is bright, you can never be sure about the outcome in a few decades.
ya.ya.yo!
November 23, 2016, 10:20:40 AM
To all!
My question is for those of us who wasn't aware of Bitcoin at the start and earning an average salary.
Lets say that the person needs to start investing in Bitcoin today, say per month - a few Sats at a time (as much as you would pay into average pension plan)
Lets assume the person has ZERO Bitcoin.
So...
If you mined 1000's Bitcoin 8 years ago then this is probably not for you but I would still appreciate your views.
Some of you may live in countries where 10 dollars is a large amount of money.
Some of you may live in Oil Rich Countries where your Bitcoins are made of 22k Gold and mounted on the wall.
Some of you may be investors, miners, speculators, scammers / fraudsters, lawyers, School Teachers, Firefighters or Toilet Cleaners (yes and unemployed too)
But for the average struggling person, who wants to retire comfortably and doesn't like the idea of a pension plan...
Why do you think the minimum amount of Bitcoin is to Hold? What is your target?
Personally, mine is 25BTC, assuming that BTC is still around in 20 years, I would hope that it would be worth say 100,000 in todays money. (I hope)
I have chosen 25 because it was the size of the reward before recent halving, and its my personal challenge.
This is speculation, so you may assume a BTC is worth 500 dollars in 20 years and that affects the amount you think you should put away.
Yes its a punt, and this may be full of holes! That's why I am asking you guys
If the question is not clear, or has a few holes in it, then let me know and I will rephrase it.
My question is for those of us who wasn't aware of Bitcoin at the start and earning an average salary.
Lets say that the person needs to start investing in Bitcoin today, say per month - a few Sats at a time (as much as you would pay into average pension plan)
Lets assume the person has ZERO Bitcoin.
So...
If you mined 1000's Bitcoin 8 years ago then this is probably not for you but I would still appreciate your views.
Some of you may live in countries where 10 dollars is a large amount of money.
Some of you may live in Oil Rich Countries where your Bitcoins are made of 22k Gold and mounted on the wall.
Some of you may be investors, miners, speculators, scammers / fraudsters, lawyers, School Teachers, Firefighters or Toilet Cleaners (yes and unemployed too)
But for the average struggling person, who wants to retire comfortably and doesn't like the idea of a pension plan...
Why do you think the minimum amount of Bitcoin is to Hold? What is your target?
Personally, mine is 25BTC, assuming that BTC is still around in 20 years, I would hope that it would be worth say 100,000 in todays money. (I hope)
I have chosen 25 because it was the size of the reward before recent halving, and its my personal challenge.
This is speculation, so you may assume a BTC is worth 500 dollars in 20 years and that affects the amount you think you should put away.
Yes its a punt, and this may be full of holes! That's why I am asking you guys
If the question is not clear, or has a few holes in it, then let me know and I will rephrase it.
I don`t assume that bitcoin will be around after 25 years.
Your question isn`t good.It`s not about quantity of bitcoin,it`s about how much they cost.
You can have 1000 btc but the price might be 200$ after 1 year or you can have 100 btc and the price
might be 9000$.
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