Quote from: philipma1957 on December 26, 2021, 08:54:21 PM

I need 125k x 30 = 3,750,000

I would be 94 and who cares at that point.

I have a lot of that in the form of fed government pensions.

But I would like the 3.75mil and the pensions so that the pension can not be held over my head or my wife head.

You are describing a situation in which you anticipate withdrawing both principle and interest. So you likely need way less than $3.75 million if you were to want to withdraw $125k per year.. .but sure does not hurt to have a cushion in terms of having more principle that you might not need to withdraw.

Traditional withdrawal systems presume that you can earn on average at least a 4% return per year on your principle, so that you should be able to withdraw up to 4% per year so long as you are exceeding that rate in your return on average, without depleting your principle, so if you are able to get such 4% per year on that $3.75 million should be able to get you about $150k per year in withdrawal (without necessarily drawing into the principle so long as your returns are exceeding the withdrawal rate). I personally believe that bitcoin can do at least 4%, and likely can do quite a bit better than 4% so long as you figure out ways to conservatively calculate the value of your principle.

Of course, we cannot be sure about inflation to be able to continue to live off of $125k per year.. so that is a bit of a problem with projecting out a budget of $125k per year because it should presume some amount of inflation, too...especially these days.

There are a variety of ways to value your BTC holdings beyond merely going by spot price, and part of the reason, that I prefer to use the 208-week average as my value indicator for my BTC portfolio is because it is so much of a lagging indicator that you would be able to see if you are not able to withdraw as much (or at as high of a rate as you had been anticipating) and it allows for more cushion in terms of conservation of the principle.

Quote from: AlcoHoDL on December 26, 2021, 09:17:25 PM

Quote from: JayJuanGee on December 26, 2021, 08:30:35 PM

[edited out]

A nice read.

Summary: 21 BTC.

Ok 21 BTC is enough.

Are you saying right now that 21 BTC is enough or that 21 BTC is enough in a kind of maintenance level way?

I have some kind of a projection systems that I use that show the number of BTC that I currently have and then I project out the quantity of BTC that I expect to have in the future as the BTC price goes up, and so hypothetically, if I were to start out with 21BTC now, based on my current way of projecting out, I would anticipate if BTC prices were to shoot up to $1.2 million, then I might only have around 18.4BTC... so sure that is a possible ratio that still works...

However, I suppose that if you were to want to end up with 21 BTC by the time the BTC price reaches $1.2 million, then you would need something like 24BTC currently.

Those are just approximate withdrawal ratios that I currently have in my BTC price projections and BTC portfolio expectations in the event such a BTC price rise up to $1.2 million were to happen.