Ninjastic
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Re: How many bitcoins do I need to retire in 20 years?
by
Ziskinberg
on 20/08/2016, 13:12:12 UTC
Quote from: JessicaSe on August 20, 2016, 12:13:18 PM
Quote from: diegz on August 20, 2016, 08:33:53 AM
Quote from: dmarine on August 20, 2016, 08:00:37 AM
In 20 years, I think 30 BTC may be enough for retirement, if the currency continue with a good level of appreciation and adoption, of course.

I think we could not predict the future, so probably 30 BTC might not be enough.. It is better to have plenty...Bitcoin I think should not be our only retirement fund, there should always be other alternatives just in case bitcoin fails, but one thing is for sure, fiat would not fail, and other investments in real life like real estates...

If you have a plan to get retired only on bitcoins then its always better to have more coins in you wallet, as we don't know what value it will hold in future, either it will be higher or too low, so playing safe is the best thing we can do.
I think saving like 10 BTC per year is already a good saving plan, if you make it at least 10 years of consistent savings and you would consider that for your early retirement, that 10 BTC could turn into a big amount of money if you bitcoin will continue to progress.