How many bitcoins does a person need to retire, what is the cashout plan and why?
The truth is that Bitcoin is not a stable currency; it is a digital currency that is prone to volatility; it can increase in value as well as decrease in value, so since no one can predict what will actually happen to the price in the future, there shouldn't be a set amount that a person can accumulate that will be sufficient for retirement. However, if someone has a strategy to hold a certain amount of BTC before retiring, there is nothing wrong with the idea. However, keep in mind that no amount of Bitcoin should be used to determine your retirement because it is a volatile asset.
The ideal method to plan for retirement is to have stable sources of income, invest in a stable asset with low risk, or diversify your investments to spread your risk across a number of different areas. Saving money for retirement may not be a bad idea, but investing it is what most people consider to be the greatest option.