Post
Topic
Board Speculation
Re: How many bitcoins do I need to retire in 20 years?
by
randy8777
on 22/11/2015, 14:24:52 UTC
My hope is, of course, that 21BTC will be much more in the future. Would be nice to have more but to be reasonable that's a fair amount right now.
Going slowly there.

you need 100BItcoin Smiley
you can do anything with 100btc in future

Bitcoin price will be stable at $1000  Grin

In 20 years, the price of bitcoin will be stable around $200k if bitcoin is still there. So with 100 bitcoin, you will have $20 million of today's money. You shall live quite a good life then.

I think we must rasional with price Smiley
anything can happen

Im not sure bitcoin can reach $200.000

how about fee transaction ? so you will pay $20 (10.000satosi) / transaction ? (if bitcoin price reach $200k)
20 we will experience 2 or 3 halving (not sure) but we can't reach 20k for sure

okey i will save ~10BTC
for that moment, i hope you right so i will be millionare with $2m

okehhh Smiley
2 million... 500 to 1000 is enough for that with the price 2000. That's more realistic I think

the amounts that people need for retirements differs much as some people can retire with $50,000 in certain countries, where the other will need more than $200,000 to be able to live off his retirement money. at the end it's good as long as you are happy with it. saving bitcoins for retirement is a nice extra alongside your regular fiat retirement money.