Survey : How much btc do you need for retirement? - page 2.

BABY SHOES

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Who can reach 100 BTC if they buy from now on? Except conglomerates. Grin

We won't know how much BTC is worth in the next 10 - 30 years maybe the price will be even higher... if we start from now to collect retirement then it will be quite difficult to 1 BTC if only relying on a fixed salary when still working... So my dream is to have more BTC, even 5 BTC is what I want... but I don't know if this will be achieved or not, I will just keep trying to collect it.

Dunamisx

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Quote from: Becassine on February 01, 2025, 11:15:39 AM

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.

It could have been more helpful if we considered before now the salary received to be in bitcoin as well, but you can imagine that you will first have to convert your fiat you were given to bitcoin and then turn it to your pension fun, this will definitely require a huge sum of money from us because we are exchanging from fiat to bitcoin, also, the other aspect of it that is more interesting is the price of bitcoin in the nearest future, which will wholesomely turned a profitable decision, of course, everyone will like to take the large sum for his pension.

salad daging

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Of course if I could have 10 BTC but rationally it is impossible to have if you look at the ability of myself then reaching 1 BTC is still possible to have and that is enough for retirement later.

Let's say in the next 20 years bitcoin can be more than $500K then it is more than enough for my country without any state assistance or insurance because the amount of money is very large.

If you choose 10 BTC then that's too much, so like I said - be realistic about this decision.

finaleshot2016

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I think for me, 1 BTC is enough.

I can do a lot with that kind of money here in my country. Assuming that I already have the place and tools needed to be alive, the 1 btc is super enough to sustain me the rest of my life. Of course, there are also business that could help me sustain more and some investments that could help me through my retirement.

Kryss191

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I’d say it’s tough to figure out exactly how much you’d need. Bitcoin’s price is all over the place, and there’s a lot that could change in the next decade or two. If I had to guess, I’d want enough to cover at least 10–15 years of decent living. So, maybe around 5–6 BTC? That could change if Bitcoin sees a huge surge or crashes. If I were retiring now, though, I’d probably aim for about 2 BTC, assuming Bitcoin hits 100k by then. But honestly, it’s more about making sure you have enough to be comfortable and not rely on anything else.

WatChe

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Those who are retiring in next one or two years are in better position to answer this question, since they know there retirement date with idea of bitcoin price. But it's difficult for those people to answer this question who are retiring after 15 or more years. At the time of retirement we are old and need finances to cover our medical bills, pay children higher education and more. I can say I have 15 to 20 more years to work before getting retired and I am not sure what will be price of Bitcoin at that time. But if I am retiring in current year with Bitcoin price of 100k then for me 2 Bitcoin will be good enough to live rest of my life.

uneng

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Do you mean how many Bitcoins to keep them invested generating passive income, or to hold them inside a hardware wallet, using them along the years after retirement, until they finish?

Let's consider the second case. It's hard to estimate an amount, because economy is out of control. Prices of goods and services are skyrocketing, while Bitcoin's price is pretty volatile. Talking about current rates, and what I consider to be a comfortable life for a person alone, each Bitcoin would last for about 36 months, so let's say 3 years.

For how long does a retired person is likely to live? Another 15 or 20 years? Then I would need 6 pieces of Bitcoin.

Becassine

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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.

Topic: Survey : How much btc do you need for retirement? - page 2. (Read 170 times)