How many bitcoins does a person need to retire, what is the cashout plan and why?
As much as they can to be able to retire from Bitcoin. But I doubt they will retire because usually, when people already have a lot of Bitcoin and manage to sell it at a high or peak price, they will buy more Bitcoin when the price drops again.
They know that when the price of Bitcoin has managed to reach its peak price, the next moment that will happen is the price will decrease drastically so that will be the moment to buy Bitcoin at a low price. It will be an advantage for them because they can earn more Bitcoins than before.
I plan to collect a lot of Bitcoins, which I have been doing since the Bitcoin price dropped after hitting its bottom price of $17k. And I still buy Bitcoins to this day. Later I will sell it at the highest price and get out of the market while waiting for the price to get a deep correction. And I still don't want to retire because having a lot of Bitcoin will give me a lot of money.