Quote from: Biodom on Today at 01:22:52 AM

Quote from: True Myth on December 10, 2023, 11:03:24 PM

On the lifestyle/retirement subject.

I was not in as early as many of you. I do not have retirement or fuck you levels of BTC stashed away. Fortunately, I am what I consider to be "very young" with a very well paying career. My sole objective has always been a responsibile early retirement. Retirement in the sense of not needing to work if I dont want to, no daily agenda of things I need to do other than necessities, and a comfortable lifestyle. I'll add that I will also be an unofficial expat once retired.

I am fortunate enough to have existing retirement assets such as pensions, annuity, 401k, (ect). All of those are not reasonably accessible to me until later in my life when social security is also available. Simply put, 60-death I should have more than enough even if I make a few poor decisions or have an emergency or two. My focus has been on filling the gap between retirement and "retirement age" with personal assets. By current conservative estimates I am on target to reach my goal in 8-10 years which puts me at an age many would consider an unsually young retirement age.

My personal assets are composed of approximately 80% Bitcoin. I have treated it as an asset that I want as much as possible of because I believe it's value will be much higher in the future than now. I project it's increase in value as the average stock market increase of 7-9% per year to keep myself conservative. Meanwhile, it's proved to smoke those estimates to date.

I have not worked out or planned what I will do with my bitcoin once I have achieved retirement level funds. I do plan to run through everything else before touching it though. Honestly, I have hoped once I am at that point I won't need to sell it for cash to use. I am hoping I can actually make direct purchases with it instead. With planning to do a bit of traveling it adds the utility of a being a worldwide currency as well.

I thought I would share this as a truthful post on how bitcoin fits into my life. I know I and others tend to post extreme "hold till I'm dead" type of comments but, that's just the fun side of WO for me. Thought this might be a helpful point of view for others who did not start buying BTC at $10 a coin.

Nice plan...here is a a very 'old' remark on love, happiness and money:

https://www.youtube.com/watch?v=srwxJUXPHvE

Haha got a chuckle out of that one.

Money doesn't buy happiness or love but, it is a necessity to operate in today's society. If I wake up tomorrow and decide I'd rather sit beach side for the next two weeks, then go hiking in South East Asia for 3 weeks, followed by site seeing some islands in the gulf of Thailand until I'm bored... I'd end up losing my job resulting in being unable to pay for my home ect...

Many people "live so they are able to work" until they retire at an age where they have begun deteriorating physically and often mentally. While I enjoy my career, there are many other things I'd prefer to do if I didn't require a weekly paycheck to maintain a roof over my head and food on my table.

Sure, there are people that do not have money and are still happy. That is not what I want in my life or can have due to personal reasons and preferences. Besides, if you don't have a dream or a goal what's the purpose of getting out of bed in the morning?