When it comes to retirement planning, I don't think it's a wise idea to put all your assets into a single asset. Instead, I would look to diversify my assets, not just focus on a single asset, including bitcoin. So if calculated at the current price, I think 1BTC is enough or maybe less if the bitcoin price continues to increase in the future, the rest I will diversify into other assets to ensure.
Honestly, I like investing in bitcoin/crypto because they can give me significant returns compared to other investments. But for retirement assets, I will limit my holdings to highly volatile assets to minimize risk and secure my retirement plan.
Topic: Survey : How much btc do you need for retirement? (Read 166 times)
Depending on your age, the size of your family, inflation, the country you live in and, of course, without knowing what the btc will worth in 10, 20 or 30 years, how many btc do you estimate you'll need to secure your retirement without the help of the state, private insurance or your family?
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
10 Bitcoins is a good number. I think that would be incredible if I could hop back in a time machine and scoop those up! hahah. JK anything is possible. Do I think that I can earn the equivalent of 10 bitcoins? Yes I do, although it would be the result of much success for me. 10 Bitcoins would put my family and I in the position of fuck you for quite a while, thats 1 million!
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Re: Survey : How much btc do you need for retirement?
I voted for 10 BTC, but if I'll consider retiring now, I think 1 BTC should be enough.Of course, after I retire, I will not use that 1 BTC to pay my monthly expenses, but I will use that 1 BTC to buy some assets that can give me monthly passive income and that will be the one that I'm using to pay my bills and everything.
Investing into Blue Chip stocks that would give me monthly dividends, investing into property that would give me rental income, and holding some staking altcoins maybe (a small portion). That's where 1 BTC will go, and in a 3rd world country like ours, 1 BTC is already a huge amount. I voted for 10 BTC though just in case something goes wrong with Bitcoin (like it went down significantly).
In my current way of living, 1 BTC I think is achievable although it will take more time to achieve that. 10 BTC is impossible unless I'm lucky enough to earn get some money (either profits from trading, or airdrops).
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Ten Bitcoin would also be enough for me to retire and work just for fun and not for money. With this amount, I can build a good house for my family, so that we will stop paying high rents. With some part of the funds, I can set up education savings for my children's education to the master's degree level. I will also be able to invest in other businesses that will be bringing constant returns. I will continue to live a modest life because spending too much on luxury can make you go broke no matter the amount you have acquired. I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
each person may have a different number on how many bitcoins are enough for their retirement, maybe some only need 1, 5, or maybe 10 bitcoins. for me personally, 3 bitcoins are enough for my future retirement. i don't have a hedonistic lifestyle, i also don't have the habit of wasting money, and other things where i need a lot of bitcoins to be 'enough' for my future retirement. so 3 bitcoins are enough i think,
10 Bitcoins is a high goal but that's would I'd need for retirement and to also leave as an inheritance for my kids and grandkids. I would never want them to work a day in their life for money. Rather, I would want them to focus on areas of their life where they are passionate about. We work so long for money (35 years) only to retire and can't afford to spend the money we worked so long and hard for because we are tired and not as energetic as we used to be.
If we talk about the current price, at least $1 million is necessary to retire and live comfortably. That's why I picked 10 BTC in the poll. 1 BTC is too little, you can't take care of yourself and your family for a lifetime with $100k. On the other hand, 100 BTC is too much. We are talking about the minimum amount. The only reasonable option in the poll is 10 BTC. I believe $1 million is enough to retire anywhere in the world.
1 BTC with a price of $1M shall be enough for retirement for me. 10 BTC is no doubt realistic nowadays, it's kind of hard for an individual to acquire that much anymore. But with all means and possibilities, there is no problem for someone who's determined. There are investors that are capable of it and I'd like to congratulate the forum members that holds more than 10 BTC or even those that owns 1 BTC, you're all legends. You've held for so long and I hope that all of you will be able to hold longer until it reaches a certain price that you're comfortable of having it as a retirement.
Depending on your age, the size of your family, inflation, the country you live in and, of course, without knowing what the btc will worth in 10, 20 or 30 years, how many btc do you estimate you'll need to secure your retirement without the help of the state, private insurance or your family?
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Better to check first what is your plan after you accumulate that volume since even how huge the money you have accumulated and total volume of Bitcoins gain still all of that will be vanished if mishandled also if you don't have other source of income to get when you decide to retire.
So better get a lot of volume as you can then find other alternative which needs less efforts but can generate you a good income flow. What I'm thinking about right now is to buy some properties aside from saving Bitcoin then create a for rent establishment business since we can possibly get a passive income with this option.
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Do not say something is impossible when you have it in mind to do it before the power of negativity becomes a barrier for you to not be capable of achieving that dream of yours. I also have a dream of having atleast 10 Bitcoin. I would not say it is impossible for me to have but I know it will be very challenging because of the price of Bitcoin but I can work towards achieving it even though it takes more than 10 years. The goal is for Bitcoin to help me when I am retired and I would not be retiring anytime soon therefore I still have enough time to continue to accumulate Bitcoin and that is what I will be doing. I can do more jobs to gather more money to keep buying Bitcoin and I can take profits at times to buy more amounts later.
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Why are you limiting the possibility of you having 10btc in the future. C'mon I would advise you to stay positive 🤑🤑 because you don't know what's ahead of you in the near future although I believe you talking base on stats and your portfolio strength now. Well for me I think i will also go for 10 BTC for retirement, base on the kind of responsibility and things to achieve that I have on my bucket list 😁😁.
No I realized after writing that's not possible, it was only a dream, but dreaming is still allowed
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Why are you limiting the possibility of you having 10btc in the future. C'mon I would advise you to stay positive 🤑🤑 because you don't know what's ahead of you in the near future although I believe you talking base on stats and your portfolio strength now. Well for me I think i will also go for 10 BTC for retirement, base on the kind of responsibility and things to achieve that I have on my bucket list 😁😁.
Depending on your age, the size of your family, inflation, the country you live in and, of course, without knowing what the btc will worth in 10, 20 or 30 years, how many btc do you estimate you'll need to secure your retirement without the help of the state, private insurance or your family?
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
10 BTC is quite a huge amount in my country and most people even leave their entire life without securing an amount worth 1 BTC not to talk of 10 BTC. For me, 10 BTC is unrealistic for me considering how much i DCA every month. Though am still young of which it will take me like 30 years to reach my retirement age and i don't know if i will still have a stable job to keep DCAing in the future but let me not be greedy. I can own up to 5 BTC before my retirement age, it can still be more than that but since i will also be using part of my money to invest on real life assets, i may or may not exceed my target of 5 BTC before my retirement. And this will be on the ground of consistent DCA, but if peradventure due to unforeseen circumstances in the future that may cause me to pause my DCAing at some point, i might not own up to that 5 BTC.
I think 1 BTC is enough for me. That amount of money when 1 btc is sold and converted to fiat money that is used in my country is that it can sustain me and my family for many years if not lifetime and even if it is also used to pay for the place I will live or stay is it is still enough to last a long time with family and if it's only me then it may be enough to sustain me for a long time. I am sure you know that for other people that 1 BTC won't last very long.
I think 1 Bitcoin is already a huge capital. We must not forget that people constantly lose access to their private keys. There can be different reasons - a technical error, force majeure, bad memory, imprisonment, death, and so on.
Each lost Bitcoin forever increases the value of those coins that remain in circulation. The price of Bitcoin will grow over time.
Even in the current bull period, I expect the price to be $ 200,000. This is quite enough to live comfortably for many years.
Of course, I would like to have more coins. After all, a bull period always follows a bear period. However, in my opinion, even one Bitcoin is a great result. I would like to own 1 Bitcoin! And 2 Bitcoins - even better!
Each lost Bitcoin forever increases the value of those coins that remain in circulation. The price of Bitcoin will grow over time.
Even in the current bull period, I expect the price to be $ 200,000. This is quite enough to live comfortably for many years.
Of course, I would like to have more coins. After all, a bull period always follows a bear period. However, in my opinion, even one Bitcoin is a great result. I would like to own 1 Bitcoin! And 2 Bitcoins - even better!
Depending on your age, the size of your family, inflation, the country you live in and, of course, without knowing what the btc will worth in 10, 20 or 30 years, how many btc do you estimate you'll need to secure your retirement without the help of the state, private insurance or your family?
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
Considering the situation in my country, I would say that with 1 Bitcoin, I would be able to live a normal life. However, the economic situation in my country is very bad and due to the rising prices of goods, it may be difficult for me to live on 1 Bitcoin after retirement. However, if one Bitcoin is worth 250k dollars after 10 years, then it should not be a problem. I will try to spend my next life by selling my Bitcoin after ten years and putting it in a fixed deposit in the bank. Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
100 BTC is what having though I know that it's very hard to achieve such volume of Bitcoin but based on the survey I have to choose that of 100 Bitcoin as I know there are lot of things to be achieved in life, and also considering my age 100 Bitcoin is fair enough to have before I get my 90-100 years time and having 100 Bitcoin can real sustain me depending on the price of Bitcoin in the future.
Actually yes 10 btc is unrealistic if it continues to rise, but since I'm terrible at math and don't feel like having fiats anymore, I'd rather consider how much it would take to live off retirement first and make a guesstimate of btc. Let's pick a 20-year period, for example.
I took two 10-year periods, the first with a minimum income of 2,500 euros a month (i.e. 300,000 euros) and another of 3,000 euros a month for 10 years as well (360,000 euros).
In 20 years, that makes a total of 660,000 euros. This is the minimum income for a single person living in France. In the end, these staggering amounts can be even more so in large cities.
So if BTC reaches a million, that's more than enough, although you still need to be able to resell your satoshis. And that's no easy task.
I took two 10-year periods, the first with a minimum income of 2,500 euros a month (i.e. 300,000 euros) and another of 3,000 euros a month for 10 years as well (360,000 euros).
In 20 years, that makes a total of 660,000 euros. This is the minimum income for a single person living in France. In the end, these staggering amounts can be even more so in large cities.
So if BTC reaches a million, that's more than enough, although you still need to be able to resell your satoshis. And that's no easy task.
Depending on your age, the size of your family, inflation, the country you live in and, of course, without knowing what the btc will worth in 10, 20 or 30 years, how many btc do you estimate you'll need to secure your retirement without the help of the state, private insurance or your family?
Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
For me, I also did love to have as from 10 up btc for retirement, and it doesn't matter what the price of bitcoin turn out to be in the future, but as long as the price remain above $100,000, I am very good.Do you think this is an achievable goal?
I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.
At a hundred thousand dollar, 10 or more bitcoin will be worth a million dollars or more, this is enough for me to have a good retirement with my wife, set up companies and have trusted people run it for me, money made from this companies can be invested back in bitcoin to further increase my bitcoin stash and as well as add to my retirement funds, life is actually good when there is money 😊
Depends on too many factors to reach an exact number. The major factor will be years before retirement and the country one is living in. In many parts of the world 1BTC will be good enough for a comfortable retirement now, not to mention how much it can be worth in 10-30 years. In some others you may need to be aiming for at least 3 to consider yourself relatively secure.
Higher than 5BTC should be enough anywhere in the world and for anyone retiring in 5+ years.
- Jay -
Higher than 5BTC should be enough anywhere in the world and for anyone retiring in 5+ years.
- Jay -
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