Of course, each of us has to attempt to best prepare ourselves under our own circumstances, and it can take a long time to build up investments whether we are including bitcoin into our investment portfolio or otherwise, and surely, the less we prepare ourselves, then when we get into our 40s, 50s and 60s we might not have created options for ourselves as we might have had been able to do if we had started preparing somewhat in our youth.

Truly more well-off people will have more resources from which to draw, yet even well off people might not sufficiently and/or adequately prepare themselves, and they may also take their finances for granted, and find out that they have fewer options because they had not started preparing early.

It is likely that many of us will make various screw ups in our finances along the way, and surely some kinds of screw ups are less long term damaging and recoverable than others.. and it is not even always going to be clear until years and years had passed if we might have screwed up some of our decisions earlier on since even  in bitcoin, we might have had been able to invest into it somewhat aggressively in earlier years, and then we might find payouts in current times, yet even if we are a later entrant into bitcoin, we still ONLY have the ability to assess where we are at from the present and make our preparations for the future based on our current circumstances how they are rather than how we wished they would be based on some things that we might have done differently in earlier times.

There might be times in which we might need to keep more of our value in dollar based assets and using some of that for short term income and then maybe some of our bitcoin might be spread into longer term kind of storage and/or income kinds of resources that might not be regularly drawn, so we can try to keep more than one source, in place, but we also might want to make sure that we have enough or more than enough before we start drawing on some sources, rather than if we might still be in the stages of building some of it up.

Some folks might say that they want to continue to work, yet it may not be the case that they want to continue to work but instead that they have to continue to work, and surely it can be difficult to change your circumstances, especially if if you are already in your 60s, then maybe the best you can do is to try to preserve your situation so that you can stop working in your 70s, but you might still be able to slow down in your 60s if you believe that might be a workable kind of arrangement that you had already reached.

I think some of the problems that I had in this thread that I mentioned in my first post in this thread is that guys were talking about FIRE in terms of various traditional investments that they have, yet it seems to me that historically bitcoin has outperformed so many of the traditional investments in such ways that it could be possible that bitcoin is able to give options to guys that would not have had otherwise been possible with traditional investment categories, so bitcoin may well allow for various kinds of abilities for us to supercharge our retirements, yet we still likely need to both manage our getting to enough (or more than enough) bitcoin, and we likely also have to manage our bitcoin so that we are not spending too much of it too soon.

Surely we have seen how folks have gotten screwed in their traditional investments, especially based on dollar debasement happening at way higher levels than they had anticipated to be within the cards and even within the current somewhat hidden status in which so many folks nominaly valuate their abilities, yet find themselves ongoingly losing ground with the value of their income in real terms.

Of course, bitcoin is not guaranteed to continue to outperform traditional assets, so we have to figure how much of a balance we want to keep in each, even when we are spending from them, so perhaps if we start to get to the cashing out stage, we might end up drawing from each in some kind of proportioned level that helps us to feel comfortable in regards to how much value we are keeping in each or perhaps if we might choose to let the bitcoin portion grow more, even though the formula is not 100% true.

Recently I had been trying to talk a friend into delaying purchasing a house, since there was a trade off between putting the value into the house and keeping value in bitcoin, and such person did not listen to me, and surely it is not my choice to make. 

Many of us likely recall that a median house in 2015 may well have had cost us close to 1,000 bitcoin ($250k), and surely today, even if the median price of house might have more than doubled in the past 10 years, right now a median house of $500k to $1million, the contrast is strong, since such $500k to $1million house will cost us in the ballpark of 6 to 11 BTC, which truly is a big difference, and we don't even have to go that far back to make comparisons, since even in 2019, we might say that a $500k house may well have had cost us around 50 BTC, and so such trend is not necessarily guaranteed, yet we can figure out where we might want to put our value, and sure if we are intent on getting a house we can choose whether to get it now, or if we might want to wait a few years (if we might be able to, and at the same time, we are the one who has to live with the decision, whether we can reasonably recognize what might be for our own financial and/or psychological good or not).. We might not realize the ramifications of our choices until 3-5 years down the road when it may well no longer be an option for us to attempt to revisit our earlier decision..