1 bitcoin is a lot of money in my country. You can confirm that from the comments of members of the Nigerian community on this thread: What can 1 Bitcoin buy in your country? Mind you, this thread was created in 2021 when bitcoin price was still ranging 60,000 -70,000 USD. Personally I could retire with 2 bitcoins in my wallet and live comfortably for the rest of life.
Topic: Survey : How much btc do you need for retirement? (Read 868 times)
Yes, plus also it really depends on the country where you're going to retire, as the living costs change dramatically.
Also, it depends on the lifestyle you want, as different lifestyles differ in cost by a lot.
It's not really possible to give a simple answer to this question, but it does make you think about it, and I think it's a good idea to start thinking about retirement and saving more Bitcoin.
Also, it depends on the lifestyle you want, as different lifestyles differ in cost by a lot.
It's not really possible to give a simple answer to this question, but it does make you think about it, and I think it's a good idea to start thinking about retirement and saving more Bitcoin.
Everyone certainly longs to get a place of financial freedom consciously from now on without having to struggle, it will all be in vain if we do not implement/save from an early age for our old age needs from now on, I am sure that the adjustment of needs will come by itself, meaning it is not a big problem for us to consider, we just have to be rational in spending.
Responsibility and rationality - two pillars of literally anything regarding the investment field and crypto in general
If a person does everything consistently - then everything is going to go well, even better than that, imo.
But if not - then it's a choice of a person to not to be determined regarding his days being old.
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.
If we follow in cryptocurrency market, we can see that bitcoin price is always running in high and low position in cryptocurrency market. So in this situation, if we want to select how much bitcoin do need for retirement in future. I think that in this time it will be difficult for us. But if we want to select $100k, then 2 bitcoin will be best achievement for my retirement in future. Because we know that for my old life, I also need to many essential elements for me. So in this time I believe that 2 bitcoin will be enough for best future. At least I think that we should trying to prepare for future life for happy ness. 
Yes, plus also it really depends on the country where you're going to retire, as the living costs change dramatically.
Also, it depends on the lifestyle you want, as different lifestyles differ in cost by a lot.
It's not really possible to give a simple answer to this question, but it does make you think about it, and I think it's a good idea to start thinking about retirement and saving more Bitcoin.
Also, it depends on the lifestyle you want, as different lifestyles differ in cost by a lot.
It's not really possible to give a simple answer to this question, but it does make you think about it, and I think it's a good idea to start thinking about retirement and saving more Bitcoin.
Everyone certainly longs to get a place of financial freedom consciously from now on without having to struggle, it will all be in vain if we do not implement/save from an early age for our old age needs from now on, I am sure that the adjustment of needs will come by itself, meaning it is not a big problem for us to consider, we just have to be rational in spending.
I think there are a bunch of variables to consider, such as time window, what 1BTC will be worth down the line, etc.
You really can only plan in terms of approximate cash value now for your projections, and know BTC is only going to go up in the big picture.
You really can only plan in terms of approximate cash value now for your projections, and know BTC is only going to go up in the big picture.
Yes, plus also it really depends on the country where you're going to retire, as the living costs change dramatically.
Also, it depends on the lifestyle you want, as different lifestyles differ in cost by a lot.
It's not really possible to give a simple answer to this question, but it does make you think about it, and I think it's a good idea to start thinking about retirement and saving more Bitcoin.
I think there are a bunch of variables to consider, such as time window, what 1BTC will be worth down the line, etc.
You really can only plan in terms of approximate cash value now for your projections, and know BTC is only going to go up in the big picture.
You really can only plan in terms of approximate cash value now for your projections, and know BTC is only going to go up in the big picture.
Maybe if I can get the entire thing, 21million of it but that would mean, no one else has it or desires it and I’ll be a mess!
Well, human desires are one thing and you can never pinpoint where that might be or end for you I think. When you get there, you tend to want other things. It’s not greed, it’s just growth and the need to push further, breaking boundaries.
I don’t plan on retiring based on what I’ve acquired, nope that’s not the plan for me. I plan on taking a rest when my strength fails me and I can no longer do the things I get by with, with ease.
Well, human desires are one thing and you can never pinpoint where that might be or end for you I think. When you get there, you tend to want other things. It’s not greed, it’s just growth and the need to push further, breaking boundaries.
I don’t plan on retiring based on what I’ve acquired, nope that’s not the plan for me. I plan on taking a rest when my strength fails me and I can no longer do the things I get by with, with ease.
I think almost or exact as that. I have already moved on and those were the times when Bitcoin was totally cheap. This is just a discussion and so it reminded me about it. There is no regret anymore because whatever is in the past, remains in the past. I still have some in hold but I can imagine how life will be with that small amount of Bitcoin. There are even people in here that have 100+ Bitcoins in total holdings and they're living now like a king.
It is amazing, but it is true that you must forget it. You should thank to the God that you still have some of the Bitcoins. There are many people who want to have the Bitcoin but they have no chance to get the Bitcoin because of many reasons. So, we should feel happy if we have some of the Bitcoin although it is not a big number of Bitcoin.It is not surprising if there are people in this forum who have big number of Bitcoin. Satoshi was in this forum, there must be people who bought or got the Bitcoin from Satoshi as rewards. Anyway, do you mean the people come from our country or from other countries? You're from Indonesia, right?
I do think we all know what will be with BTC in 10-20 years.
More value built into it
So 1-5 BTC when a person would retire would probably be enough, question is how much one would work towards it.
More value built into it
So 1-5 BTC when a person would retire would probably be enough, question is how much one would work towards it.
Since Bitcoin is volatile, of course the best course of action is to buy more when it dips.
And keep buying a certain amount independent of the price, because maybe it will never get below a certain price.
It's like saving in the end. It's an asset that appreciates over time.
I do think we all know what will be with BTC in 10-20 years.
More value built into it
So 1-5 BTC when a person would retire would probably be enough, question is how much one would work towards it.
More value built into it
So 1-5 BTC when a person would retire would probably be enough, question is how much one would work towards it.
It would be good enough if in the end we just do what has to be done by trying to continue to collect bitcoins as much as we can for the future, regardless of the amount we have then it is a positive thing because we have tried as much as possible even though maybe for some people in the end it will be considered too big or too small but it is something we should be proud of because we managed to collect bitcoins as much as possible with our conditions for the future to be better.
The bigger the community that is built, the better the journey of bitcoin will be even though in the end the price will not be as volatile as it is now, but in terms of growth this will make bitcoin one of the best that has ever existed.
Nothing is impossible because it concerns ownership, it can continue to be accumulated according to the capital we have and the advantages of investing in bitcoin can actually be run according to the capital we have without having to force it excessively.
There are many methods that can be adjusted for accumulation patterns and it depends on how we try to run it, thus we will continue to get the opportunity to collect it in a much more appropriate way.
I think that depends on when you retire, but I see that many chose the same option as I did, which is 1 BTC. I do believe that Bitcoin can easily cost hundreds of thousands of dollars, perhaps even a million dollars in the future. And if you believe you'll live for 25 years after retiring, and that you need, say, $1k per month to cover your expenses (but that depends on your country, of course), then it's $300k for retirement (or more), which is a reasonable prediction of a future BTC price. And having that much money set out for retirement is quite good.
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.
I don't know how many bitcoin would be enough for me to reach that fuck you status, whereby I don't need to work for anyone since my bitcoin hodlings is enough to take care of whatever I want till death. I feel 10btc will be enough but very difficult to accumulate overtime with DCA, because bitcoin price keeps on increasing overtime. However, I wouldn't love to depend on my bitcoin investment alone after retirement because I will set up other means of income. 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 have too much time left until retirement, so I can’t say exactly how many bitcoins I would need for this purpose. Since I don’t know my future needs, I haven’t achieved everything I want and believe in yet, and my standard of living will depend on this. So I would like to talk more about how many bitcoins are needed to ensure a quality life and realize my own ambitions and goals. Not just to live on this money without working. But to invest it, put it into use and have the backing of my ideas.
This is a matter of relativity!
If you are retiring now at retirement age with Bitcoin priced at average $100k you would probably
need . . . IDK 3 Bitcoin which would probable last you between 6 and 8 years.
But here is the kicker, its really difficult to answer the OP's question because it only throws up more
quesitions
What are are you retiring at?
What sort of lifestyle do you plan on living, will you need $50k per year or more?
How do you view the Bitcoin market in the future?
Also we need to remember - when we decide to retire we are not going to liquidate our wallets on
day 1 of retirement, we live day to day, week to week as it is and this isnt going to change because
we decide to retire.
If you are retiring now at retirement age with Bitcoin priced at average $100k you would probably
need . . . IDK 3 Bitcoin which would probable last you between 6 and 8 years.
But here is the kicker, its really difficult to answer the OP's question because it only throws up more
quesitions
What are are you retiring at?
What sort of lifestyle do you plan on living, will you need $50k per year or more?
How do you view the Bitcoin market in the future?
Also we need to remember - when we decide to retire we are not going to liquidate our wallets on
day 1 of retirement, we live day to day, week to week as it is and this isnt going to change because
we decide to retire.
If you think the bigger is the better, I'm sure you will never retire because you keep thinking to make money.
But, that's fine because there are people who workaholic, they choose to work instead of retiring even they have money. I think 100 Bitcoin are enough for any people in this world, 10 Bitcoin is too small for developed countries, it's just $1 Million while housing price are around $300K-$400K, that's already consume 3-4 Bitcoins, not to mention about car and other thing.
Before your retirement, and after retirement, you always need a reserve for urgent needs like emergencies with accident, healh issues, catastrophe. You can not store all your money in bitcoin and when you have emergency, you have problem to make your payment for something. Note that your bitcoin can be stolen if your storage and backup methods are not safely and secure enough.But, that's fine because there are people who workaholic, they choose to work instead of retiring even they have money. I think 100 Bitcoin are enough for any people in this world, 10 Bitcoin is too small for developed countries, it's just $1 Million while housing price are around $300K-$400K, that's already consume 3-4 Bitcoins, not to mention about car and other thing.
You can work and accumulate your bitcoin with time, slowly or fastly but make sure to have reserve like I said above. Don't mind too much about how much money or bitcoin you need to have before your retirement. This number can be changed because you can be adaptive in your life. Let it be, work, investment, and be prepared for your retirement. Don't create big pressure on yourself and derail your Bitcoin investment to altcoins or trading because you need to have too big fund for retirement.
Yep in the end the bigger it is, of course the better the potential especially for the long term but in this case I actually don't really like pegging how many bitcoins we have to have because in the end even though on the one hand it's pretty good to keep some things like enthusiasm and motivation awake but on the other hand this can also make us burdened if we are too pegging the bitcoins we want to get but our financial condition is not too good to be able to realize it.
If you think the bigger is the better, I'm sure you will never retire because you keep thinking to make money.But, that's fine because there are people who workaholic, they choose to work instead of retiring even they have money. I think 100 Bitcoin are enough for any people in this world, 10 Bitcoin is too small for developed countries, it's just $1 Million while housing price are around $300K-$400K, that's already consume 3-4 Bitcoins, not to mention about car and other thing.
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?
The more the better because it will grow much greater value for the growth of the assets we have, but the question is how big is the opportunity to accumulate if someone does not have a good strategy without adequate capital support.
It would be good enough if in the end we just do what has to be done by trying to continue to collect bitcoins as much as we can for the future, regardless of the amount we have then it is a positive thing because we have tried as much as possible even though maybe for some people in the end it will be considered too big or too small but it is something we should be proud of because we managed to collect bitcoins as much as possible with our conditions for the future to be 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.
We dont know on what the future brings on which in regarding on the question on how many Bitcoins would really be that enough? There's no such thing about enough because we will really be that targeting or would really be that liking to have as much as possible because human beings are naturally greedy on which simply means that the more coins that we do have then the more better. When it comes to price there's no way that it could be known but to assume out about its potential then 10-20-30 years from now will really be having that positive outcome or results when it comes to value on if we do possess out tons of coins then there's no way that we would be problematic about financial aspects.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 then i would say that 100 Bitcoin will really be that enough or i can say that even into this current price then it should be sufficient but just like on what i have said above that there's no such thing about enough coins because as much as possible on the moment that we've seen up on what we can be able to grab then we will be that doing it as much as possible. We are that aiming for having that assurance that we can live without having any problems.
I've got the chance to have at least 10 bitcoins in the past but the ignorant and idiot me made me sold a lot during the early days. Well, like everyone's story of selling too early because of FOMOing because we thought that it would crash to death but they're all noise.
You mean you ever had 10 Bitcoins in the past? It is better to forget it because you won't get any advantage to remind it, you only will feel to regret it so much. At that time, I can understand that you didn't dare to hold it for a long time because Bitcoin wasn't proven as a trusted digital asset as today. So, it is normal, you don't need to say that you're idiot.I've got the chance to have at least 10 bitcoins in the past but the ignorant and idiot me made me sold a lot during the early days. Well, like everyone's story of selling too early because of FOMOing because we thought that it would crash to death but they're all noise. At least owning 1-5 Bitcoins would make you a millionaire maybe after few more years and that's enough for retirement given that you have some other source of income that generates passive or active money with lesser efforts.
Bitcoin was very cheap at earlier stages, lots of people sold at lose cause they were very ignorant of the future, they never thought the new innovation would be a life changing opportunity in years to come else i believe they would've taken it very seriously, anyways i don't realky blame them cause someone bought 1pizza with thousands of Bitcoin back then so i believe ignorant played a role too.Anyways i like that you're not very greedy i feel so cause 1-5 Bitcoins if held for a longer period would turn into something more profible, well a lot of people in my county would sell immediately they're given such amount, it's a life changing opportunity and the present economic Situations would make anyone to sell, on the other hand it would be more better to sale some portions if not everything.
I've got the chance to have at least 10 bitcoins in the past but the ignorant and idiot me made me sold a lot during the early days. Well, like everyone's story of selling too early because of FOMOing because we thought that it would crash to death but they're all noise. At least owning 1-5 Bitcoins would make you a millionaire maybe after few more years and that's enough for retirement given that you have some other source of income that generates passive or active money with lesser efforts.
Bitcoin was very cheap at earlier stages, lots of people sold at lose cause they were very ignorant of the future, they never thought the new innovation would be a life changing opportunity in years to come else i believe they would've taken it very seriously, anyways i don't realky blame them cause someone bought 1pizza with thousands of Bitcoin back then so i believe ignorant played a role too.Anyways i like that you're not very greedy i feel so cause 1-5 Bitcoins if held for a longer period would turn into something more profible, well a lot of people in my county would sell immediately they're given such amount, it's a life changing opportunity and the present economic Situations would make anyone to sell, on the other hand it would be more better to sale some portions if not everything.
I've got the chance to have at least 10 bitcoins in the past but the ignorant and idiot me made me sold a lot during the early days. Well, like everyone's story of selling too early because of FOMOing because we thought that it would crash to death but they're all noise.
You mean you ever had 10 Bitcoins in the past? It is better to forget it because you won't get any advantage to remind it, you only will feel to regret it so much. At that time, I can understand that you didn't dare to hold it for a long time because Bitcoin wasn't proven as a trusted digital asset as today. So, it is normal, you don't need to say that you're idiot.Bitcoin is global, so this question needs to be answered globally.
I don't think so. OP asked the question individually, so the answer will depend on each person. Each person may have their own standard about the number of Bitcoin to have. So, there is nothing wrong if you want to answer according to your point of view.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?
The more the better because it will grow much greater value for the growth of the assets we have, but the question is how big is the opportunity to accumulate if someone does not have a good strategy without adequate capital support.
I think it can be done if someone understands how and we can see the extent of someone's role in getting the right accumulation method with the financial constraints they have.
In some capacity we may be able to make a plan to prepare a much better amount of bitcoin for retirement and it depends on our level of consistency in achieving it.
If we have the intention then I am sure it will be easy to get even using the DCA method in the accumulation process and most importantly done consistently even by buying in smaller amounts.
Bitcoin is global, so this question needs to be answered globally.
- The global median income is around $10,000 per year.
- People earning above $20,000–$30,000 per year are already in the top 10–15% globally.
- People earning above $50,000 per year are in the top 1–5% globally.
Let's say you are comfortable with earning $50/day or about $18,000+ per year, that means about 1 billion people would be in this situation.
So, can they all have one Bitcoin?, not really, as there's only 21 Million of it.
Each person would get 0.021 BTC. So, that's one answer.
This is assuming all these relatively rich people decide to invest in Bitcoin, and that the rest of the population isn't part of this.
Of course it's not going to be like this, so you will probably need more, so let's say 10-100 times more, leading to an answer of a range.
You would probably need to have between 0.21 and 2.1 BTC
- The global median income is around $10,000 per year.
- People earning above $20,000–$30,000 per year are already in the top 10–15% globally.
- People earning above $50,000 per year are in the top 1–5% globally.
Let's say you are comfortable with earning $50/day or about $18,000+ per year, that means about 1 billion people would be in this situation.
So, can they all have one Bitcoin?, not really, as there's only 21 Million of it.
Each person would get 0.021 BTC. So, that's one answer.
This is assuming all these relatively rich people decide to invest in Bitcoin, and that the rest of the population isn't part of this.
Of course it's not going to be like this, so you will probably need more, so let's say 10-100 times more, leading to an answer of a range.
You would probably need to have between 0.21 and 2.1 BTC
I've got the chance to have at least 10 bitcoins in the past but the ignorant and idiot me made me sold a lot during the early days. Well, like everyone's story of selling too early because of FOMOing because we thought that it would crash to death but they're all noise. At least owning 1-5 Bitcoins would make you a millionaire maybe after few more years and that's enough for retirement given that you have some other source of income that generates passive or active money with lesser efforts.
It greatly depends on what you're planning to do when retired and what your status will be at that time. For instance, some people like to travel and they don't need a house, or a car. They will live in rented flats all over the world. On the other hand there are people who want to settle and have a house, 1 car per family member and be able to afford to travel once a year for a week or two.
In my case, I already have a house and I don't want to buy a downtown apartment. I'm happy living in the country. in 20 years, I expect that bitcoin will be worth over $1 million, so at that point just 1 BTC will suffice for my needs. I currently spend maybe $10k on food and bills per year, so just $100k would pay for 10 years of all my expenses and I expect in those 10 years of retirement bitcoin will grow even more.
If you're planning to retire in more than 20 years, 1 BTC will be enough to live a normal life until the end of your days.
In my case, I already have a house and I don't want to buy a downtown apartment. I'm happy living in the country. in 20 years, I expect that bitcoin will be worth over $1 million, so at that point just 1 BTC will suffice for my needs. I currently spend maybe $10k on food and bills per year, so just $100k would pay for 10 years of all my expenses and I expect in those 10 years of retirement bitcoin will grow even more.
If you're planning to retire in more than 20 years, 1 BTC will be enough to live a normal life until the end of your days.
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.
If I have the means where stream of money will be coming from, my aim and target will not be retirement, it will be DCA until I had enough or don't have funds to buy again. I don't know when I am going to retire but I know I'm going to be here for long and as long as my health isn't compromised by any sickness or any failure, I will be here while it last, I can only imagine what the price of Bitcoin is going to look like by that time but like I said, the challenge is stream of funds.
In the next 10-15 years, you will think that amount of Bitcoin will be enough but then the price of things will not be the same again and not only that, the life style transition. The things you like today and you want to afford that you couldn't might be what you will like to have again in the next 10 years, a decade is enough to see the world changing just like we see the difference between 2010 and 2020 and same way we will see 2030 with new things but will be expensive.
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.
If I imagine, of course I want to have a lot of bitcoins for my old age. But I am also realistic, bitcoin is very expensive for me right now, even to get 1 bitcoin is very difficult, I do dca every period but I am not sure I can save it in the next 20 years. Because I don't know my economic or financial condition in the future and of course I invest in bitcoin, there must be a target, especially every four years we will experience bitcoin halving and of course here there will be very great market dynamics before and after halving. But even so, I will still make bitcoin a future asset, although when the target is reached, I will not sell it all, there must be something I hold.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.
If in the future my finances start to improve, maybe my strategy will change. But for me right now, I am just being realistic, not forcing my financial situation too much. However, I still hope and try that in the next 10 years I will have 5 or more bitcoins because with the development of bitcoin as it is now and many countries are trying to adopt bitcoin, of course bitcoin assets in the future will be a rare asset so the more we hold bitcoin the 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.
I live in a country where most people don't know about Bitcoin. Investing in Bitcoin is considered illegal in my country. If I had saved the amount of money I have earned so far in Bitcoin, I would definitely have more than 2 Bitcoins. I spent the amount of money I earned immediately, so I don't have any Bitcoin holdings as of yet.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.
If bitcoin is illegal in your country, do you buy or spend it online? Do you exchange it in PtoP? What are the penalties if you hodl bitcoins?
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.
I live in a country where most people don't know about Bitcoin. Investing in Bitcoin is considered illegal in my country. If I had saved the amount of money I have earned so far in Bitcoin, I would definitely have more than 2 Bitcoins. I spent the amount of money I earned immediately, so I don't have any Bitcoin holdings as of yet. 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.
Any amount of bitcoin that I can save up will do me for my retirement, but if it's an option that I'm being offered to choose, which amount will be enough for me to go for? I won't go for less; 10 BTC is a very big amount of money that can set someone up in my country and also keep a generational wealth if you manage it very well, but if I'm also offered that 100 BTC, it's a treasure that my 2nd generation will leave to enjoy based on how it will properly be managed.
And you can not have a exactly a specific amount that will make you comfortable because aside the amount you putting the quantity of what you have will be the one to determine what you have, were the challenges will be is that bitcoin is not cheap amd is not something that you will mention the amount you want and it will be easy to come through it is not always like that and have 10 bitcoin at this point is no child's play but once the resources is there to buy then your problem is solved.
And what makes you have 10 -100 bitcoin you have less financial problems if you know how to spend money then for a very long time I don't think anyone should be having problem with money because that should be more than enough to sustain you financially during retirement because a lot of us have plans but one of the things that is keeping us from accomplishing them is not more than funds.
Planning is the key but when we decide to live in reality because I won't even lie I don't know what the future entails but afford that amount of bitcoin is no play.
Depends on where you live, how you live and with whom you live.
Is 10 BTC enough to retire in Switzerland, with a family that depends on you? No, it is not. You might live a comfortable life for a decade or two but 1 million will not last forever. However if the talk is about say... Thailand, then obviously 10 BTC is going to bring you a really nice retirement.
Developed countries with large incomes or quite expensive living costs certainly require a lot of money to be able to make a pretty calm pension. Is 10 BTC enough to retire in Switzerland, with a family that depends on you? No, it is not. You might live a comfortable life for a decade or two but 1 million will not last forever. However if the talk is about say... Thailand, then obviously 10 BTC is going to bring you a really nice retirement.
I also say that this depends on how the condition of each person, because everyone also has different needs.
If in Switzerland 10BT is still very minimal, then in Indonesia where I live it becomes a very safe pension fund,
that 1BTC is also quite safe for decades, with a note that no luxury items are bought, only for the necessities of life.
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
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
I think it depends on the country the person lives in, financial responsibility, and personal beliefs, or ambitions.Some people can live in the most expensive country in the world and manage 0.5 for years after retiring because s/he make the BTC fench more money.
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 believe 2.8 BTC is more than enough. I personally believe 1.8BTC out of the total 21 Million BTC is longterm while I use 1BTC for investment that will secure daily expenses. Do you think this is an achievable goal?
~
I reckon by the time I retire even 1 BTC would be enough, let alone 10. Granted I still took 10 
. I read somewhere that if you wanted to retire, you'd want at the minimum 25x of what your annual income is. And I reckon that's just the minimum! Granted I'd probably have a lot more success if I calculated what my monthly average costs were and calculated from there. Personally think it's not. BTC seems like it's only going to appreciate after all and with where I am right now, don't really see me buying 10 BTC. I mean I probably can at some point, but that'd require me selling almost everything I would've bought and earned (in the future that is), and we all know that's a pretty bad idea.
It really depends on how goods and services will be priced in Bitcoin if fiat ever disappears or is no longer the primary tool to value goods and services. The general benchmark is 2.1 BTC, which a maximum of 10,000,000 people can possibly hold, which based on approximate world population of 8 billion, puts you in a group of .125%. Maybe an extra .1 - 1 BTC to cover a nice lifestyle, and you'll be able to keep some for the next generation too 
Sounds far fetched, but hey, $100,000 sounded far fetched to some 10 years ago right?
Sounds far fetched, but hey, $100,000 sounded far fetched to some 10 years ago right? 
I like your wishes, OP; I think we would all gladly accept so many bitcoins that in retirement, as many say, "start living for real.". But seriously, today's life in my country is quite expensive, and if we talk about the age of retirement, the prospects that one day everything will change, one should not expect. Therefore, you are right; the more we can put in our safety cushions for the future, the wiser we will look among our peers and independent of our children. In my country, it is customary for children to take responsibility for the maintenance of elderly parents, but I see how much care confuses my parents; I would prefer not to be in their position. I voted for 10, and I hope that one day my thoughts will materialize .
. 
do you need so much at retirement if you actually used your working days well? for those of us in nations whose currency is of a lesser value and so has the exchange rate in our Favour, 10BTC is a big deal and can solve most of my retirement needs and that's on the assumption that bitcoin continues to increase in price over the years knowing that inflation is still going to be a big deal as the year progresses.
at retirement, outside of the bitcoin i hope to have accumulated, i should have built other systems, connection and influence that can serve most of my retirement needs. planning for retirement is not just centered on how much wealth in monitory form we have acquired even though it is still very necessary, other things like the right and healthy relationships that will keep you up and doing even at retirement are essential things to build before retirement, so boredom don't set in and quickly sends one to his grave before time.
for someone that hopes to retire in likely 20 years' time or so, 10BTC that is valued at two times it current worth will be a good place to be.
at retirement, outside of the bitcoin i hope to have accumulated, i should have built other systems, connection and influence that can serve most of my retirement needs. planning for retirement is not just centered on how much wealth in monitory form we have acquired even though it is still very necessary, other things like the right and healthy relationships that will keep you up and doing even at retirement are essential things to build before retirement, so boredom don't set in and quickly sends one to his grave before time.
for someone that hopes to retire in likely 20 years' time or so, 10BTC that is valued at two times it current worth will be a good place to be.
I don't know how much Bitcoin will be needed for retirement, it depends on how everyone is doing and how they use it, the needs of others will vary.
1 BTC may be enough for me, but not necessarily enough for some people, Even 10 BTC will not be enough for someone who is too consumptive in his life.
Owning 10 BTC may be the most sensible and achievable for some people,
it will be a long-term asset for retirement as the price of Bitcoin continues to move upwards.
To be honest, I am not targeting how much BTC I will need for retirement,
it depends on the conditions and when of course there will come a definite number for me to need, it will keep changing but 1 BTC is the most affordable.
1 BTC may be enough for me, but not necessarily enough for some people, Even 10 BTC will not be enough for someone who is too consumptive in his life.
Owning 10 BTC may be the most sensible and achievable for some people,
it will be a long-term asset for retirement as the price of Bitcoin continues to move upwards.
To be honest, I am not targeting how much BTC I will need for retirement,
it depends on the conditions and when of course there will come a definite number for me to need, it will keep changing but 1 BTC is the most affordable.
Depends on where you live, how you live and with whom you live.
Is 10 BTC enough to retire in Switzerland, with a family that depends on you? No, it is not. You might live a comfortable life for a decade or two but 1 million will not last forever. However if the talk is about say... Thailand, then obviously 10 BTC is going to bring you a really nice 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.
I think 10 is a good number and enough for retirement. The first thing that came in my mind is 1 Bitcoin at least realistically,y it seems impossible to reach 10 Bitcoin in my lifetime, but hopefully, I can do the impossible and reach 10 before my retirement, the only way to do that is to have some kind of business for sure, hopefully, in the future, I can start a good one, I mean nothing is impossible at some point we might see something impossible for now, but I've seen a lot of people do the impossible, your not really going to see and it is for sure going to be difficult but your not gonna know if your not going to actually try.
I've seen and been inspired by some people who instantly get rich in their businesses getting a net worth of 19million$ in just 5 years which is probably a record in my country reaching that amount in just 5 years. Still what's important is you getting some kind of progress in your life, increasing your earnings, having a life, career, etc. As long as you are happy and financially free, it wouldn'tt really matter how muchyour retirement ist as long as it is a good number, but higher is better.
It varies. Bitcoin is highly volatile, so we can’t have full assurance that its value will keep on surging high when retirement age comes. If that’s the case, I wish to have 50 bitcoins if that would be highly possible. My point is, even if its price would fluctuate from time to time, I wouldn’t be totally bothered on it. I think the key here, don’t just focus on bitcoin, learn to acquire other potential assets as well outside cryptocurrency.
If bitcoin price continue to increase its value, then 1 or 2 btc is good enough. It’s already a huge amount here in my country. However, if there are possibilities to gain more than that, why not? The more btc I have, the more secured and comfortable my future retirement is.
Life is uncertain and we have no control of it. While there are chances to buy and hold bitcoin bitcoin, do it. Even if we can’t benefit it when sudden circumstances arrive, at least we have something valuable that our children can inherent from us, that alone is more of a valuable retirement for me.
Life is uncertain and we have no control of it. While there are chances to buy and hold bitcoin bitcoin, do it. Even if we can’t benefit it when sudden circumstances arrive, at least we have something valuable that our children can inherent from us, that alone is more of a valuable retirement for me.
I don't know how to calculate the benchmark of how much btc for retirement because certainly for now I still think that as long as I am still able to collect bitcoin for my future, then I will do that. I don't care how much the benchmark should be set because for me if the benchmark is too small then in the end it will only limit ourselves to collect bitcoin and if the benchmark is too big then it will only burden ourselves with the investment made.
I'm just focusing on collecting regardless of how much it is, it's the maximum I can collect so I don't want to set a benchmark or anything for my future or retirement because I don't think I need to do that right now.
Whatever the amount is, as long as we can afford it then that's ultimately what we should be proud of as bitcoin holders.
I'm just focusing on collecting regardless of how much it is, it's the maximum I can collect so I don't want to set a benchmark or anything for my future or retirement because I don't think I need to do that right now.
Whatever the amount is, as long as we can afford it then that's ultimately what we should be proud of as bitcoin holders.
There is no accurate answer to that question. How can one know which country they will be living in a decade's time? How many family members they are going to have? How will inflation be? And most importantly, what the price of the asset will be since it's volatile?
Life is uncertain; it can take turns you might have never expected, even in your dreams. You might get married, have a family of your own, might even relocate to another country or region, your expenses may rise or drop, and as I mentioned earlier, the price of Bitcoin might be lower/higher than current times, who knows? It's true that we anticipate its price to rise, but none of it is certain.
You said you think 10 bitcoins will be enough for your retirement. What if it's price is around $20k or $30k? Do you think $300k is enough for your retirement to have everything covered?
Life is uncertain; it can take turns you might have never expected, even in your dreams. You might get married, have a family of your own, might even relocate to another country or region, your expenses may rise or drop, and as I mentioned earlier, the price of Bitcoin might be lower/higher than current times, who knows? It's true that we anticipate its price to rise, but none of it is certain.
You said you think 10 bitcoins will be enough for your retirement. What if it's price is around $20k or $30k? Do you think $300k is enough for your retirement to have everything covered?
Regardless of the quantity, as long as it can established a good and stable business, then good.
Without a proper cycle and good management, even how much Bitcoin we have to support our retirement, it will soon deplete.
In retirement period, it doesn't mean a full relax. Expect many expenses (like medicines, sudden health problems) to the point that we are forced to sell our crypto assets. That's why it's better to make something good out of it so money will continue to flow even at retirement period.
Without a proper cycle and good management, even how much Bitcoin we have to support our retirement, it will soon deplete.
In retirement period, it doesn't mean a full relax. Expect many expenses (like medicines, sudden health problems) to the point that we are forced to sell our crypto assets. That's why it's better to make something good out of it so money will continue to flow even at retirement period.
Any amount of bitcoin that I can save up will do me for my retirement, but if it's an option that I'm being offered to choose, which amount will be enough for me to go for? I won't go for less; 10 BTC is a very big amount of money that can set someone up in my country and also keep a generational wealth if you manage it very well, but if I'm also offered that 100 BTC, it's a treasure that my 2nd generation will leave to enjoy based on how it will properly be managed.
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.
Estimating this is quite difficult. Personally, I do not wish to rely solely on Bitcoin during retirement. I plan to own other investments, such as real estate and other tangible assets, alongside my Bitcoin holdings. With this approach, I believe I can live comfortably with 5 BTC since I won’t be depending on Bitcoin alone. This would also give my BTC the opportunity to appreciate and provide good returns. I can't imagine depending on just BTC which I'll have to withdraw at intervals to pay my bills.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 think this is just the best way to go about it since we can't really predict the future to know what it holds for us. Putting all our eggs in one basket (I.e relying on btc alone) might really be a risky decision to make.
I don't know how much Bitcoin will be needed for retirement, it depends on how everyone is doing and how they use it, the needs of others will vary.
1 BTC may be enough for me, but not necessarily enough for some people, Even 10 BTC will not be enough for someone who is too consumptive in his life.
Owning 10 BTC may be the most sensible and achievable for some people,
it will be a long-term asset for retirement as the price of Bitcoin continues to move upwards.
To be honest, I am not targeting how much BTC I will need for retirement,
it depends on the conditions and when of course there will come a definite number for me to need, it will keep changing but 1 BTC is the most affordable.
1 BTC may be enough for me, but not necessarily enough for some people, Even 10 BTC will not be enough for someone who is too consumptive in his life.
Owning 10 BTC may be the most sensible and achievable for some people,
it will be a long-term asset for retirement as the price of Bitcoin continues to move upwards.
To be honest, I am not targeting how much BTC I will need for retirement,
it depends on the conditions and when of course there will come a definite number for me to need, it will keep changing but 1 BTC is the most affordable.
Bitcoin price is unknown and no one can tell exactly how the market will react to some certain situations in the future. Bitcoin is an unpredictable but yet investable asset that is very volatile and very valuable to us humans. Those that have embraced it have seen the benefits of it and are very excited and confident in its development overtime.
Bitcoin is such a currency that we can not say for sure what the price of it will be in the future, but with the remarkable achievements it has shown over the years, it is most likely that we will see it been a dependable source of passive income for those that invest in it. If I can own 10 bitcoins at even the current price of bitcoin and inflation value, I already have my retirement savings fully activated.
Bitcoin is such a currency that we can not say for sure what the price of it will be in the future, but with the remarkable achievements it has shown over the years, it is most likely that we will see it been a dependable source of passive income for those that invest in it. If I can own 10 bitcoins at even the current price of bitcoin and inflation value, I already have my retirement savings fully activated.
For me, 10 BTC is more than enough to retire early, especially considering its value in my region. Right now, that amount is already considered significant wealth and I strongly believe Bitcoin’s price will continue to pump over the next years.
While no one can predict its exact value in 10, 20, or 30 years, history has shown that Bitcoin tends to appreciate over time. Of course, factors like inflation, living costs, and unexpected financial needs play a role, but with 10 BTC I would feel secure just holding and letting it grow.
It’s an achievable goal if one starts accumulating early stays patient, and trusts in Bitcoin’s long term potential. However, I also believe that greed will play a big roll here, if you said 10 Bitcoin is enough, once you achieve that level, you would want more of that.
While no one can predict its exact value in 10, 20, or 30 years, history has shown that Bitcoin tends to appreciate over time. Of course, factors like inflation, living costs, and unexpected financial needs play a role, but with 10 BTC I would feel secure just holding and letting it grow.
It’s an achievable goal if one starts accumulating early stays patient, and trusts in Bitcoin’s long term potential. However, I also believe that greed will play a big roll here, if you said 10 Bitcoin is enough, once you achieve that level, you would want more of that.
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.
How much btc do you need for retirement? 1 bitcoin is actually enough for me to do a retirement but it would be great and you can Enjoy life if I have more than 1 bitcoin.
1 bitcoin 100K price with 4% return if we stake on defi platfrom would give us liveable choice here in indonesia for single person so if you have 5 that would be support your wife and kids as long the interest rate and the price stay the same
The problem with these type of polls is that Bitcoin could go up by 5x in a few years and then your forecasts will be completely off. Imagine if you started this poll in February 2015. They'd probably tell you you'd need a thousand bitcoins for retirement.
That's exactly why I finally did a "clever" calculation to see roughly how much a single person will need over 20 years (in France). These calculations may be interesting to look at when we have some hindsight on the price of bitcoin in a few years' time.
The problem with these type of polls is that Bitcoin could go up by 5x in a few years and then your forecasts will be completely off. Imagine if you started this poll in February 2015. They'd probably tell you you'd need a thousand bitcoins for retirement.
In my imagination 10 BTC will i prefer to have accumulated before my retirement.
As of now we are still yet to make an ATH, current price of Bitcoin equivalent to my countries fiat.
1 Bitcoin = NGN 158,925,789
10 Bitcoin = NGN 1, 589, 257, 890
I know am still young to have make millions before i get completely aged which i can also use to fund my investment portfolio, the reality i believe i can own someday accumulate is 1 Bitcoin (more if i get filthy rich) but 10 Bitcoin is out the league knowing as times passes, Bitcoin will also be increasing in value.
As of now we are still yet to make an ATH, current price of Bitcoin equivalent to my countries fiat.
1 Bitcoin = NGN 158,925,789
10 Bitcoin = NGN 1, 589, 257, 890
I know am still young to have make millions before i get completely aged which i can also use to fund my investment portfolio, the reality i believe i can own someday accumulate is 1 Bitcoin (more if i get filthy rich) but 10 Bitcoin is out the league knowing as times passes, Bitcoin will also be increasing in value.
It's a bit ironic to read the posts in this thread, like people said 10 BTC are enough for them to retire, but then they said they will sell the coins to buy stocks which gives return to hedge against inflation and earn dividend to be use for paying monthly bills. Or sell the coins to start/invest in a business in order to earn cash flow.
If you sell your coins, it means you didn't own the whole coins anymore.
I have no specific amount of Bitcoin to make me retire because I choose to never retire.
If you sell your coins, it means you didn't own the whole coins anymore.
I have no specific amount of Bitcoin to make me retire because I choose to never retire.
I wouldn't be that greedy to chose 100 or 10 BTC when there is no possibility to acquire it. I chose BTC1 because If I chose 10btc then I would be greedy when I don't have money to afford it like I said earlier. Even the 1 BTC is under probability. The fact remains that as years passes by so is BTC price keep increasing, and it becomes harder to achieve a tangible amount as time goes on. If I have my way or fund to aquire enough then 1 to 10 would be enough but if ther is no money even 0.1 will even be hard to achieve in the nest 5 years to come.
But in your respective countries, will it be possible to pay in btc or withdraw your funds without problems? Will you have no problems with your bank, or even with the tax authorities? I mean, how complicated is it to declare capital gains?
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.
Of course, if you can afford at least 1 bitcoin, that's probably enough for you to hold it for 10 years from now. This is if you're going to retire now. But if your income is high and you're capable of buying more than 1 bitcoin, that's even better.
Therefore, it probably depends on the capability of your salary as an employee in a private or government agency, that's probably how easy it is to understand.
hero member
Activity: 854
Merit: 554
Leading Crypto Sports Betting & Casino Platform
Even if I got like 2-3 Bitcoin, I am sure that it would do me for my retirement because I would only need 1 Bitcoin to archive a few deals I have been wanting to do, after which, the remaining Bitcoin would just be there for the next 20 years without me having to sell it for any reason. If perhaps I even get like 3 Bitcoins for retirement, it would likely be passed unto my kids.
Maybe less than 5 Bitcoin but more than 1 Bitcoin for me to retirement. That Bitcoin amount will be enough to pass my day without a problem. But I want to have more than 10 Bitcoin so I will not have to worry with my children lives because they can use that Bitcoin properly.
Besides of having Bitcoin, I will leave some businesses for my children so they can running that business and grow it to many places. That will help them to survive in the future without having a problem. If I can achieve my goals, I can stand with my own foot without expecting the help from the government because they are too late to give that to their people.
Besides of having Bitcoin, I will leave some businesses for my children so they can running that business and grow it to many places. That will help them to survive in the future without having a problem. If I can achieve my goals, I can stand with my own foot without expecting the help from the government because they are too late to give that to their people.
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.
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.
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!
legendary
Activity: 2576
Merit: 1043
Need a Marketing Manager? |Telegram ID- @LT_Mouse
Quote
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 -
Who can reach 100 BTC if they buy from now on? Except conglomerates. 
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Jump to: