Post
Topic
Board Bitcoin Discussion
Re: Too late to invest in cryptos if you're old?
by
oblomov
on 04/12/2017, 23:01:13 UTC
What would you guys advise someone who is retired, living off pension and savings? Is it too late/risky to invest at that kind of age?
Do you guys think the elderly have a chance of jumping on the crypto train, or do you guys think it's too late for them to invest?


If your financial situation is secure, i.e. you withdraw less than 4% of your assets annually to pay for living expenses, it may be worth investing 2-4% of your investment capital.

This would put you well ahead of most investors in allocation to cryptocurrency.