Post
Topic
Board Speculation
Re: How many bitcoins do I need to retire in 20 years?
by
mark coins
on 01/09/2016, 22:09:34 UTC
Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund.  Live comfortably, but don't need to buy a yacht or anything.  How many do you think I would need to buy?

This question is very tricky because we don't know or don't have the knowledge to predict after 20 years what will happen with the internet neither with the bitcoin.
I think that you should count a million dollar equivalent in bitcoin, so around 2,000BTC or more I think should be enough.

If you are a bitcoiner then there is no age limit for retirement, you can earn bitcoin till you are alive, so if you get retire from full time job then you can get full time in bitcoins after that.

When you get retired sometimes means that you are not able to work anymore so bitcoin is just money that is for the work we do, so just a kind of money.
Thinking from now about the retirement is a bit early but at least thousands of bitcoin at current value should be enough but who know what price will have bitcoin after 20 years.

Earning bitcoin doesn't involve any physical efforts, you can easily earn it by sitting at home in front of computer so I will keep on earning bitcoins even if I get retired and older.