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Bitcoin => Bitcoin Discussion => Topic started by: ifightformerkel on May 25, 2016, 08:29:54 PM



Title: What is your money aim? At which point you would go in "retire"?
Post by: ifightformerkel on May 25, 2016, 08:29:54 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: cryptoheadd on May 25, 2016, 08:33:58 PM
10,000BTC.
I'm still going to trade though. ;D


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: ifightformerkel on May 25, 2016, 08:54:18 PM
10,000BTC.
I'm still going to trade though. ;D

That would be over 4 million dollar.

My aim is 2 million dollar in bitcoin at the time i reach it,
and then only hold it and sell only the coins that i need for life after i go to retire.  :)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Superways on May 25, 2016, 09:41:06 PM
I want to earn a lot and all the time and I will continue to earn and do my business till the end and will never end my business and earning, as with that I will help my country to grow economically and I will be considered as a more beneficial citizen for my country.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aso118 on May 26, 2016, 01:42:07 AM
If the monthly interest on your corpus is sufficient for your expenses, you can retire.
That again depends on the prevailing interest rate in your country and standard of living.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: 7788bitcoin on May 26, 2016, 02:23:35 AM
Getting retire early is everyone's dream but it is not what the government wants. If you have a big population but only a small working force, the country will be in big trouble... Therefore, the government will do all they can to make early retirement difficult to achieve.

Having said that I guess I will need (now) at least $1,000,000 in cash plus mortgage all repaid, before I can retire. Who knows how much $1 million will worth in 10 years time?


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Bitinity on May 26, 2016, 02:58:44 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

100BTC or even 50BTC is enough for me to quit my real job, then I can build my own real business and earn profit with it but I think it will hard to forget bitcoin so I will still trade bitcoin.
Owning a minimarket is my dream :)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: btccashacc on May 26, 2016, 03:09:09 AM
my aim is 1 million dollars in bitcoin, i think it's enough for me to retire, then live in 3rd country with simple lifestyle, build my own little family, do whatever we want without fearing lack of money ,and  live happily ever after lol  :)
looks like it took extra work to reach that amount


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Doms on May 26, 2016, 03:26:37 AM
I want to retire as a rich man, but that would really take a lot of hard work and discipline on my part. If I can't be rich, I'd try to save as much as I can so I can live comfortably in my twilight years, not having to worry about my medical needs, my daily living expenses, all the while still able to do things I enjoy. In my country, even half a million US dollars is huge and enough to provide for my retired life. What I'd do is invest most of it in a safe investment that yields about 5-10% annual interest, the interest in which I'm going to use for my everyday expenses.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Hirose UK on May 26, 2016, 03:38:24 AM
10,000BTC.
I'm still going to trade though. ;D

wow that's cool, but it's too much for me. I don't think how much bitcoin I want to own and retire. As long as I can earn bitcoin, I will not retire.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: bittrojan on May 26, 2016, 03:42:58 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
i need 100BTC to retire my jobs,and just going with my online store or real store,its not big and also not little amount of bitcoins. honestly i willmore glad retire with cash money,its more simple to use and can bought bitcoin.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: mki8 on May 26, 2016, 06:32:09 AM
problem is you cannot retire on bitcoin alone at this time

question i ask more is

when possible and if you have enough (this excludes the dreamers)
how much BTC would you cash out to fiat when timing is right
to put into something like property

so you can retire

to be able to retire you need to be secure,
which means you would not have all your eggs in one basket.
(only an idiot would think otherwise)

to retire on BTC,
the price of BTC x The amount of BTC you hold, needs to increase much more than your living expenses
(literally double to break even)

if you spend just $2000 a month to live (which is now and not include inflation later)
and you hold 2000 BTC
they would need to increase by $2 each month minimum, every month
so you can cashout $2000, and the remaining amount left has the same value (in USD)

if you look at charts this small increase is not guaranteed each month, so you would still need to be quite active to ensure you withdraw at right times, which then stops you retiring, and at current rate 2000 BTC is $900,000

now you could cashout $450,000 (1000 BTC) and invest that in property with a 7-10% return each year
(in contract when buying new built property in some parts in Asia, PM me if you want details)
this would give you $45,000 a year return

so question is at what point is it worth cashing out some BTC to diversify your wealth and make solid investments so you can retire.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: mki8 on May 26, 2016, 06:34:02 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
i need 100BTC to retire my jobs,and just going with my online store or real store,its not big and also not little amount of bitcoins. honestly i willmore glad retire with cash money,its more simple to use and can bought bitcoin.
100BTC wont last 2 minutes for retirement
$45,000 is nothing these days, even if you already have a house and car paid for, it wont last long at all.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Edwardard on May 26, 2016, 06:34:27 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
i must have 100000000BTC so that i can retire. when i m old i would quit my real job and dont trade anymore.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: mki8 on May 26, 2016, 06:36:15 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

100BTC or even 50BTC is enough for me to quit my real job, then I can build my own real business and earn profit with it but I think it will hard to forget bitcoin so I will still trade bitcoin.
Owning a minimarket is my dream :)

you will be surprised how little that amount is these days, and wont last 2 minutes to setup any type of business,
you would not even be able to buy the property for your business at those amounts


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: BitcoinSupremo on May 26, 2016, 06:48:56 AM
500 BTC would be a retirement for me , with that amount I can buy a shop and give it for rent, getting out of it 1000 Euro per month, I can live comfortably with this amount,  but the problem is making 500 BTC is not easy at all ,if not almost impossible. Maybe I am doing a big error these days converting Bitcoin to FIAT and building up my bank account, really I hope to not be the second pizza history of bitcoin after 2-3 years if its price skyrockets, but I have not 10.000 BTC thats for sure.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: pooya87 on May 26, 2016, 07:31:04 AM
there is no end to humans ambition!
so it doesn't matter how much bitcoin (money) you have, you will always want more. besides doing things like trading is not that hard you can only reduce the amount of time you spend and take less risks if you have hit your goal and still continue doing it.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: arseaboy on May 26, 2016, 07:34:49 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

I personally think maybe 5000 bitcoin to have can make retire and start enjoying my life with my family placing it in a good and lasting investment would let me stop trading and gain alone with my monthly earnings with this good investment maybe forex or building a small stores can make me good in the long run, i'm just hoping that i can be able to achieve it while doing my best and learning more in terms of crypto world.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: LiteCoinGuy on May 26, 2016, 07:35:56 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

i would not retire because it would be boring as hell. you have to do something. why are Bill Gates and Elon Musk still working 15 hours a day?  just think about it some more.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: AsaroUk on May 26, 2016, 08:05:52 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
I am going to retire when I see that I can life a good and comfortable live. But that is not something for me to worry about now because I still have a long way to go in live


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Enotche on May 26, 2016, 09:01:59 AM
The difficult question for me, because trading for me still to some extent entertainment, hobbies.
Well, I think I would have enough 500 Bitcoins. Cryptocurrency for me it's extra income from the main job.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: mki8 on May 26, 2016, 09:12:54 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

i would not retire because it would be boring as hell. you have to do something. why are Bill Gates and Elon Musk still working 15 hours a day?  just think about it some more.

There is a big difference in working 15 hours a day
and attending meetings and deciding how your wealth is spent
(sure if my company i would also pay myself for every second my eyes or ears are open)

the majority of us, would be able to stop/retire in a sense, once we have secure reliable income,
like rent from property in good locations.
anything else we do can then just be a hobby,
still ways to keep ourselves busy and earn at same time, but without the need to earn your living from it,
if you already have an income coming in, which is what you need to retire
(not just stop working once you saved a bit, as saving will run out quickly)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Amph on May 26, 2016, 09:14:00 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

100BTC or even 50BTC is enough for me to quit my real job, then I can build my own real business and earn profit with it but I think it will hard to forget bitcoin so I will still trade bitcoin.
Owning a minimarket is my dream :)

you will be surprised how little that amount is these days, and wont last 2 minutes to setup any type of business,
you would not even be able to buy the property for your business at those amounts

maybe he is waiting for btc to skyrocket to 10k, then 50 or 100 would be a nice amount to have

it's not like everyone can aim to have 10k bitcoin....


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: mki8 on May 26, 2016, 09:20:58 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

100BTC or even 50BTC is enough for me to quit my real job, then I can build my own real business and earn profit with it but I think it will hard to forget bitcoin so I will still trade bitcoin.
Owning a minimarket is my dream :)

you will be surprised how little that amount is these days, and wont last 2 minutes to setup any type of business,
you would not even be able to buy the property for your business at those amounts

maybe he is waiting for btc to skyrocket to 10k, then 50 or 100 would be a nice amount to have

it's not like everyone can aim to have 10k bitcoin....
yes and how long til then ?

its annoying how many dreamers use bitcoin, we need to be realistic,
yes i believe BTC will reach that amount eventually,
but it would not be wise to just sit and wait till then as it may be a very long time,
BTC will need mass adoption to reach that figure IMO
and people just sitting on coins (or satoshi) just waiting to get rich does not help BTC in terms of it getting mass adoption.
also by the time BTC reaches 10K, you may also find property prices and startup costs have also increased dramatically


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Jasad on May 26, 2016, 05:02:05 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
I am going to retire when I see that I can life a good and comfortable live. But that is not something for me to worry about now because I still have a long way to go in live
life good and comfortable are not aim of my life,but being useful and can make people around me happy because of me,and its most biggest sastification in my life,and the one of many way to reach that,i should have much money.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Bitinity on May 26, 2016, 05:54:40 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

100BTC or even 50BTC is enough for me to quit my real job, then I can build my own real business and earn profit with it but I think it will hard to forget bitcoin so I will still trade bitcoin.
Owning a minimarket is my dream :)

you will be surprised how little that amount is these days, and wont last 2 minutes to setup any type of business,
you would not even be able to buy the property for your business at those amounts

Perhaps it is small amount for you and for some other people, but it is big enough for me to start my real business such as a small shop. I have a friend who owns a small shop and he only start with around 250,000,000 rupiahs (equal to 41btc). Half for the property and half for the stocks..
Big or small depends on where we are living imo.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: mobnepal on May 26, 2016, 06:23:14 PM
I haven't started earning enough to cover my daily expenses so i don't have any plan for retirement but at current price 1000 btc could be enough for me to live happily till i die here in Nepal.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Pierre 2 on May 26, 2016, 06:26:53 PM
500 bitcoins (on this current price) could be enough for me not work and just hang out in mid range.
But for retire I need little more.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: virusasog on May 26, 2016, 06:29:01 PM
My aim is to get 1000 bitcoins. After I reach that amount, I will retire and live on those coins.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: ruselbd on May 26, 2016, 06:52:25 PM
I personally think maybe 1000 bitcoin to have can make retire and start enjoying my life with my family placing it in a good and lasting investment would let me stop trading and gain alone with my monthly earnings with this good investment maybe forex & other markets


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: MingLee on May 26, 2016, 06:56:14 PM
Bitcoin wise, I'd be willing to keep going until I retire from my fiat job and go to live where-ever I end up. What I'd like to see before I retire, however, is finally crossing the line of having worked for 1BTC, and then work my way to 2, 5, 10, and then stop at some point.

I don't know if I'll even be interested in this at that point, so I may only ever cross the threshold of holding 1BTC and finishing up there, holding it until I need to sell it.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: calkob on May 26, 2016, 07:20:22 PM
I plan on retireing around 55, so i am gona need a few bitcoin to see me by.  I am hoping that bitcoin is worth a fortune by then and i can take it easy.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: StoreBit on May 26, 2016, 09:18:28 PM
I think the reality is tell death. I think not single person of any age can say that he has no  interest in money. eather he is in any condition. every body love currency. every person like money at any stage of life.so we can say that there will no ending of earning money.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Wapinter on May 26, 2016, 10:22:12 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
The more I have the better it is.I wouldn't mind going retire if I have 10,000 coins anything below this and I am still in quest to make more and more


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: fenican on May 27, 2016, 01:24:21 AM
4500 BTC, give or take, at the current exchange rate. Ideally, would also want a home fully paid off so no mortgage or rent.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: fenican on May 27, 2016, 01:26:30 AM
One thing to note - consider a 1 year sabbatical once you reach 1000 or so BTC. It will be a real grind to reach 4000 and the year off will give you energy to keep charging forward.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Viyamore on May 27, 2016, 02:01:37 AM
I have no aim and point to go in retire but i have a goal or aim for this year to earn 3-btc .in the future as much as i can i will whether i earn allot or not enough for me i stop or i continue it depends on my daily work.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: hasiramasenju on May 27, 2016, 05:06:09 AM
basically i love animals and in the future i wish can build my own farms and for that i need at least 300 BTC to starting new farms and may be if i can reach to those amount i would retire to using bitcoin and will be focus to my farms because this is my dreams


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: crazyivan on May 27, 2016, 05:34:07 AM
About $650k in BTC. With that invested in a smart way, in crypto, I think I could quit my job and retire.



Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Kakmakr on May 27, 2016, 05:44:12 AM
The moment where I can match my current investment into my retirement funds, I would be satisfied that I would be secure enough to survive inflation in the future. That is a significant amount, but a good goal, if Bitcoin can just break through into the mainstream environment.

I would retire like a king, if this happens. ^smile^


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: SFR10 on May 27, 2016, 06:00:27 AM
Firstly, since BTCitcoin price isn't completely fixed at certain value, it will be hard to choose certain amounts of BTCitcoin for retiring since it could go either way. When the day comes that I want to quit my real life job, I'll make sure that I don't need anything (physical matters), therefor I could have as little as single BTCitcoin (just as a symbol of knowing a great technology) and yet go ahead and retire.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: MTBTT on May 27, 2016, 06:17:22 AM
My aim is to get 1000 bitcoins. After I reach that amount, I will retire and live on those coins.
I think with bitcoin prices are still below $ 500. I think it is not enough for you if you want to live in luxury. you need more bitcoin if you want to live a comfortable and luxurious


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: ObscureBean on May 27, 2016, 07:15:11 AM
Well I haven't set any goals but I certainly wouldn't be averse to making a few millions. I've always wanted to buy a small private island and live there by myself  ;D A 2-Acre undeveloped island in the Caribbean would cost me only around $275k but there are some pretty awesome islands out there and I could afford to be picky if I had a few millions  ::)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Wendigo on May 27, 2016, 07:52:33 AM
What is my money aim? Well all I need from this life is an own house, a paid-for car and probably enough money to go on vacations abroad every other year and also most importantly not to be cash-strapped so I could buy average things priced reasonably and I wouldn't need to budget my expenses. This may sound like a lot of requirements but in reality I don't want to be rich or anything I just want to live a normal life. Now I don't know where the price of Bitcoin will take us in 2 or 3 decades from now, but if I manage to sell off my stash of coins for say $300k I would be very happy from a financial perspective. I am not planning to retire early as I am content with my day job and I would use that extra money from Bitcoin to fulfill my dreams and achieve things on my bucket list  ;)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: avatar_kiyoshi on May 27, 2016, 08:08:57 AM
10,000BTC.
I'm still going to trade though. ;D

That would be over 4 million dollar.

My aim is 2 million dollar in bitcoin at the time i reach it,
and then only hold it and sell only the coins that i need for life after i go to retire.  :)

Nah! You have your own goal.
How much retire amount is depends on what you needed.

For me as long as I can earn bitcoin with my skill and earn from selling goods, I will do it, and for retire I'm not storing big amount 1000 bitcoin is enough for me.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Pursuer on May 27, 2016, 09:39:39 AM
I don't think I can ever have a number in mind that satisfies me. I will do my best to earn more as long as I can and especially when it comes to bitcoin and double especially since we are in the days of cheap bitcoin I try my best to gather more and more bitcoin so that I can have a better amount of money in the future that the price has risen to 10 times more than today.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: btcltccoins on May 27, 2016, 09:56:54 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
Actually i never want to retire in my hole life when ever i live i will do work, but in saving point of you, i also want to save bitcoin for my retirement life less than 50 bitcoins.
for me 50 bitcoins are enough, but i think everyone have their own living style, so may be it is not enough for everyone, or may be it is too much enough for someone.
In this time, i have only 10 bitcoins and i know how i can get it more.
 
 


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: virusasog on June 09, 2016, 03:07:03 PM
I would like to accumulate 100 bitcoin in the next 10 years. After I get that amount, I will retire happily.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: unamis76 on June 09, 2016, 03:18:04 PM
My aim is the most I can, but I'd be happy with around 20000-30000 BTC. Impossible, but setting high goals keeps you motivated :) I'd most likely would not retire if I reached that point (unless I was really old).


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: btc-facebook on June 09, 2016, 03:33:41 PM
I'm looking for amount of bitcoin that able to cover my life expense until I get retire.
Ofcourse when I'm old, I must retire from work and preparing my old future


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: romero121 on June 09, 2016, 04:36:26 PM
No target fixed. Just till the days I feel bitcoin to be worthy than any other currency I keep on adding it for my comfort living. Age doesn't look to be a concern here as its purely digital.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Red-Apple on June 09, 2016, 04:44:13 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

i have never thought about retirement maybe because i am still too young to think about this stuff bu i guess i need a couple million to even consider giving up and going into retirement mode.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Kprawn on June 09, 2016, 05:12:07 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

i have never thought about retirement maybe because i am still too young to think about this stuff bu i guess i need a couple million to even consider giving up and going into retirement mode.

You are never too young to start... The earlier you start the better.. I was 18 years, when I took out my first life insurance policy, and I still have it.. even though it's a piece of crap... I keep paying

for it out of sentimental value, but I will get very limited benefits from it. Over the years, I have diversified into a lot of other investments and also physical commodities and assets, but that put me on

the path to a good retirement, when I am older. Start you, and you will be fine, when you older.  ;)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: MWesterweele on June 10, 2016, 03:29:31 AM
I have no particular money aim in this bitcoin industry.As long as i can earn and i can manage it i will still use it for me entire life because this is been a part of me already and i get my daily income here.I was 18 now and im earning about $30-$80 per weeknit depends on tradinh waves that is big amount for me in my age and im happy that i can earn by myself.So i dont have set a money aim as long as i can do it i will do it


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: arseaboy on June 10, 2016, 04:07:58 AM
I'm aiming only a 10000 btc and I would say I can retire with that amount of money I can build a good business to generate income and let my kids enjoy of my free time, I really hoping that I can find the proper ways to earn more btc so I can retire early, good luck to all of us here who's believing that btc would help us to earn more extra money.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: avikz on June 10, 2016, 04:15:38 AM
For me sky is the limit. Nothing is enough as I am a very money minded man and I have a long way to go before I sleep.

Actually no one can say that if I have 10k BTC then I will retire. because it all depends on the economical situation of your country and also you have to keep track of the inflation. So for me nothing is enough.

I will keep earning more and more till the time I can.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: MingLee on June 10, 2016, 04:24:35 AM
I probably won't retire at any point to be honest, I could hit any price goal I wanted but there is always a better number to look for, and I'd probably end up holding for longer than most people on this forum. Tuck away a few Bitcoins, wait, earn more, watch the price, and probably only cash out when I pass my money on to my children at whatever age.

There isn't any reason to really cash out beforehand, not sure why there would be now. Unless absolutely needed.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Herbert2020 on June 10, 2016, 04:45:43 AM
it is never enough for me, as the say "sky is the limit" so i want to earn as much as possible for as long as possible so that i can be more comfortable when i want to retire.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Nowl1935 on June 25, 2016, 09:12:03 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

Let say if i have 100 bitcoin, i will be settled if i have 100 bitcoin already. You know, it's free to dream, so I will dream so hard and in the point that i reach 100 bitcoin.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aso118 on June 25, 2016, 11:27:50 AM
Retirement is a very big decision.
If you have enough bitcoins, that swapping them for fiat and investing them in risk free bonds would give you income which is greater than your current income, you can think of retiring.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: andrew24p on June 25, 2016, 11:44:06 AM
Im young, despite how much money I have I find no need to retire. I would probably start a business though to occupy my time if I had 2 million in bitcoin. Maybe a card/hobby shop where people can hang out and have fun.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: worhiper_-_ on June 27, 2016, 01:15:00 PM
 I dont think i would have "retire" as an option.
I think it will be a part of my life that i cant live without.
about my money aim not sure. i am just gathering btc for now and i will see where i will stop


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: sana54210 on June 27, 2016, 06:54:13 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
My money aim? None. I'll try to get as most as I can with the best of my abilities. I'll only retire when I see that my kids are able to support themselves and support me fairly. That is the time when I will be able to say that all my hardwork has really paid off.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Jeremycoin on June 27, 2016, 08:07:08 PM
I would retire from working when I have to, which is the time when I will earn my money from the all investments I made. That's why I would like to find some way to invest my money so I don't have to work anymore in the future.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: quake313 on June 27, 2016, 08:10:22 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

I have enough Bitcoins now. What I need is the value of said BTC to increase to the equivalent of 1 million dollars in fiat (2016 value)  ;)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Cresciuanto on June 27, 2016, 08:49:37 PM
have you ever seen a person who have announced that he is retired from accepting money. I think retirement from the job is possible but retirement from the money is not possible. you can see that some people when retired from a job start a business. some people join an insurance company and get bema to secure the future. some people deposit their money in banks and get interest on that after retirement therefore I will like to say that a person cannot stop or go in retirement from money. so hoe can I ?


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: quentincole32 on June 27, 2016, 09:12:50 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
maybe i need more 100BTC for now to go to retire from jobs,enjoy life with good amount of money. my point is small bussines with passive income,i'm not interest with online investment,its too much risk.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: pearnapple on June 27, 2016, 09:42:50 PM
Retirement is a very big decision.
If you have enough bitcoins, that swapping them for fiat and investing them in risk free bonds would give you income which is greater than your current income, you can think of retiring.
i doubt that switching all your bitcoins to an ordinary fiat would be such a great decision, i think that it would be much better to hold all your bitcoins in order to gain more

i think my money aim would be a billion dollars, i have a lot of life goals that i would then be able to complete when retired with all those money, that would be great


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: European Central Bank on June 27, 2016, 09:48:24 PM
to me retirement don't mean going fishing and waiting to die, it means quitting the treadmill and doing what you really wanna do. maybe you'll end up making more money too but i'd want the pressure to be totally off.

for that to happen i'd want something like $3-4 million in current buying power. as long as i lived normally and invested it right that would last me fine.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: pereira4 on June 27, 2016, 09:50:27 PM
I think a hard but realistic goal is trying to reach the 21 BTC milestone. Once I have 21 BTC I will finally feel relaxed thinking I am in a good position for long term holding. In fact I will not enjoy spending BTC until I reach 21.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: virusasog on July 10, 2016, 08:09:40 AM
I think a hard but realistic goal is trying to reach the 21 BTC milestone. Once I have 21 BTC I will finally feel relaxed thinking I am in a good position for long term holding. In fact I will not enjoy spending BTC until I reach 21.

My long term goal is to accumulate 100 bitcoin. I will buy when the price is low and use it when the price is high.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Daniel91 on July 10, 2016, 08:16:25 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

I already have plan about it.
As soon as I earn enough that I can pay off my loan in the bank I will retire and start enjoying my life, and probably start trip around the world :)
When this will happen?
I hope soon but realistically not before Bitcoin becomes mainstream and its value increase a lot.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: groll on July 10, 2016, 08:40:18 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

If I have a 10k btc today and I will sell half of it and invest and hoard the other half then I will say I can retire from my work. I will not trade but invest on cloudmining so I can have monthly earnings. Hoarding is also good so that if the price soar up again I well sell it all and never do bitcoins again. With that amount I will be a millionaire and do some real life business like fastfoods and other services.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: nejibens on July 10, 2016, 08:42:30 AM
We need to get a really very big amount of money to think about retire , hence it's not available easily for everyone, so we should keep working hardly.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: avikz on July 10, 2016, 08:43:51 AM
Thats a funny question..In todays date if I retire, then a million usd would be fine. But if I retire after 20 years or so, then a million dollar will not suffice. That all depends on the economy of that time. The inflation will be so high that even a million dollar will not be enough for me.

So I will try to save around a three million usd for my retirement so that I can live a lavish life even better than today,.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: serjent05 on July 10, 2016, 10:33:24 AM
Thats a funny question..In todays date if I retire, then a million usd would be fine. But if I retire after 20 years or so, then a million dollar will not suffice. That all depends on the economy of that time. The inflation will be so high that even a million dollar will not be enough for me.

So I will try to save around a three million usd for my retirement so that I can live a lavish life even better than today,.

Retiring from job is great but I think I would never retire in Bitcoin.  It actually is my hobby now.  I aim to accumulate as many Bitcoin as I can ( starting from 0) without even spending a single cash to buy it, except of course to pay bills for my gadget maintenance and operation.  About Job retirement, I prefer to have at least a decent amount to startup a business which will be accepting BTC.  From that ten  thousands of usd is enough I think.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: n691309 on July 10, 2016, 10:41:11 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

Can't predict exactly how many bitcoins but the value of them should be one or two million dollars, life is long and we don't know how much will be lived but few million dollar should normally work, even though we should invest again these to be up to date, bitcoin can be worthless.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Wapinter on July 10, 2016, 10:46:33 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
When it comes to bitcoin,the more is better.But if I have to call it a day at some point, I would prefer to have atleast 1000 coins.Sounds greedy? yes I am ;)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: vdotcash on July 10, 2016, 10:50:43 AM
Retirement is actually a new concept invented in the last century. I do not want to retire as I would be bored death. ;)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Xester on July 10, 2016, 10:59:01 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

If I have a 1 million btc and I can successfully sell them all and deposit my cash in the bank without the anti money laundering association tailing my transaction, if that would be possible then I would retire from my job and stop from engaging in bitcoin. But given my present status earning only 0.04 btc weekly it is impossible for me to give up bitcoins and design from job.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: PokerFace3 on July 10, 2016, 11:00:29 AM
Retirement is actually a new concept invented in the last century. I do not want to retire as I would be bored death. ;)
I see you are very wise person :D its better to get retire after earning huge money that is enough to live happily for you and your whole family. huge means the amount that you can buy or afford anything of you want !


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: wintermeasures on July 10, 2016, 11:01:45 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

Rather I would retire from the bitcoin if i already have 30 BTC  and I would use it to make business in the real life. I think we can not live without work despite having many bitcoin, because if bitcoin only use whatever amount would have exhausted. hehe Thank you


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: DashTron on July 10, 2016, 11:04:32 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

At the actual price, I think I could retire if I had 1500 btc.
Maybe with 1000, but nothing beyond that.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: sobsitesearch on July 10, 2016, 11:08:34 AM
My money aiming to get a great profit in bitcoin and if i reach my retirement i think i will focus in earning bitcoin because for now bitcoin is already part of my life.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Dudeperfect on July 10, 2016, 11:10:54 AM
That question is meant for those who are in bitcoins just for money.

I have slightly different point of view. I won’t lie that I don’t want money but I am expecting something more that is far ahead than profits and bank balance. Financial motivation makes us to consider just one part of this industry but I want to be part of this revolution and this revolution is going to change the way we lived so far. Especially in the era where we are heading towards digital world which will be open for everyone will definitely push forward the entire system of how we transact or say it will be gen next economy. Global accessibility for affordable resources and that with fewer restrictions is what that will make it special.

And till this specialty becomes reality, I won’t retire (I mean I will stick with it, not just with trade but in one or more ways)



Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: DoublerHunter on July 10, 2016, 11:31:00 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
I think 100 btc would be enough for me to settle life and start my own business and experience being a boss. I don't wish for too much bitcoin because i know that i can't earn more than 100 btc if i just do altcoin trading :(.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Xester on July 10, 2016, 11:55:17 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

I will retire and no longer trade if I have 1 million bitcoins. Given that amount I can survive and provide my daily needs without doing any work. I will just sit down all day and do some charity works to help the poor. I will build up schools and hospital to help tha poor and provide more jobs to the community.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: kryptqnick on July 12, 2016, 09:36:07 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
I think there won't be such a time. Not because I want to have a lot of money but because a like to work not only because I need to earn the money, but also to enjoy the process


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: virusasog on July 25, 2016, 09:00:13 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
I think there won't be such a time. Not because I want to have a lot of money but because a like to work not only because I need to earn the money, but also to enjoy the process

I will try my best to accumulate 21 bitcoin in the next 20 years. Then I will have a happy life after that.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: rphk on July 25, 2016, 09:20:04 AM
I believe to retire happily 500 BTC is good amount , because now requirement  of money is more for everything in daily life. Day by day inflation is going high ,there is need of money ,so more bitcoin we accumulate like 500 btc that would be good :) , but question is how we can make or earn  such big amount.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: diegz on July 25, 2016, 09:25:07 AM
I don't have specific plan on how many bitcoin will I collect before I will retire or how much will I still work before I start, but I think, if I have atleast 50 dollars a day good for atleast 20 years + my retirement pay which is almost equal to my salary on my working years, then I will retire...


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Jimbola3 on July 25, 2016, 12:09:05 PM
I don't have specific plan on how many bitcoin will I collect before I will retire or how much will I still work before I start, but I think, if I have atleast 50 dollars a day good for atleast 20 years + my retirement pay which is almost equal to my salary on my working years, then I will retire...
Hmm good aim you have but it will be more good if you can keep on investing so it can boost your incomes and at the time of retirement it will make you more satisfied ! :D


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: romero121 on July 25, 2016, 12:14:17 PM
Right now I don't have any plan for money making and getting retired at some point. Now what I expect is to get fulfilment of my basic needs. Once I'm satisfied will think about further process of making money to be rich.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: neochiny on July 25, 2016, 01:12:42 PM
I aim to earn atleast 20-25mbtc a day for now, it may be a small amount of bitcoin but since the dollar exchange in our
country is high it would be enough to sustain my daily and monthly needs, as for retiring (but i think im not really going to
until im old enough to stay on a wheel chair) $5M would be enough me, but instead of spending my money until it is depleted
i would rather start my own company or start a restaurant to support my children and the their children that way i wont have any
regrets spending my money.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: GreenBits on July 25, 2016, 02:05:52 PM
There is no limit to acquisition. When I earn more money than I can spend in a lifetime, and my children's lifetimes, and possibly those of their children as well, after that, you earn for those that need. Put that energy in a charity. You can amass that same value for others outside your circle, and improve life for people that might need a little help. Or whatever charitable endeavor you deem worth it. You could save the whales if you feel they need saving (they'll be alright).



Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: serjent05 on July 25, 2016, 05:10:30 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
I  think may money aim would be around 300 BTC.  that is not much but at least it will let my family to live a pleasant life.  I may quit my real job but i don't think Ill be quitting trading.  For it is a habit now.  Habit to test my projection instinc and that is kinda addicting.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Kevin77 on July 25, 2016, 06:39:34 PM
I aim to earn atleast 20-25mbtc a day for now, it may be a small amount of bitcoin but since the dollar exchange in our
country is high it would be enough to sustain my daily and monthly needs, as for retiring (but i think im not really going to
until im old enough to stay on a wheel chair) $5M would be enough me, but instead of spending my money until it is depleted
i would rather start my own company or start a restaurant to support my children and the their children that way i wont have any
regrets spending my money.
Getting at least 25mbtc isn't really low, since that's about roughly $13.5 already. I believe having that much amount is already enough to live the day, even for first worlders.

I too have a goal of getting $5M worth of bitcoins and then retire from it. However, I happen to believe that I may not actually be able to get to that goal and will probably retire when I feel like it, but it's gonna be a long way still.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: croutonhexagon on July 26, 2016, 06:45:13 AM
My Aim Is To Collect a Total of 20 Btc For Retirement Because I am From India And it is a Sufficient amount For me To Retire ;D.... And Instead of Spending this Money I Will Open a Hotel To earn Monthly Income From My Retirement Savings....


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: virusasog on August 04, 2016, 08:48:54 AM
My Aim Is To Collect a Total of 20 Btc For Retirement Because I am From India And it is a Sufficient amount For me To Retire ;D.... And Instead of Spending this Money I Will Open a Hotel To earn Monthly Income From My Retirement Savings....

With 20 bitcoin and wait for 20 years, it will sufficient to retire in most countries. That will be a large sum.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Decoded on August 04, 2016, 08:52:22 AM
I personally aim for a couple thousand bitcoin  :P

This is only if I am investing everything into bitcoin, however. If I were to invest partially in bitcoin and the rest in fiat, I would do just under a thousand bitcoin.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: dinda22 on August 04, 2016, 09:13:51 AM
1000BTC enough to make me retire and quit trading. also will stop using bitcoin then sell all to start business in real life. *enjoy old age :)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: ASHLIUSZ on August 04, 2016, 09:39:57 AM
1000BTC enough to make me retire and quit trading. also will stop using bitcoin then sell all to start business in real life. *enjoy old age :)
i just want to build a new house, own a new car and some amount of money in my hands to spent in my old age, i think 500 bitcoin is enough to do all these and i will be satisfied if i earn it in my lifetime.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Divinespark on August 04, 2016, 09:43:02 AM
Yep, I think at 1000BTC, like so many of us, I would reckon that I have enough and can just focus on hoarding and some occasional trading to make ends meet


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Doms on August 04, 2016, 10:23:32 AM
I will never go all in on bitcoin, even when it comes to a point that it has become stable. Although I wish to have about a thousand bitcoins, I would surely exchange majority of it to fiat when I reach my retirement years. I wouldn't bother myself too much about worrying about bitcoins by then and would just leave a few to my kids and let them do what they think would make their holdings grow.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: bravehearth0319 on August 04, 2016, 05:50:06 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

Maybe if have 500bitcoins thats the right time for me to quit in bitcoinworld, its a real big amount for me to achieve all my dreams in life.
I can buy a new home house and lot.cars and build my own business and I can peacefully leave and have a happy life.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: SAMKUSH on August 04, 2016, 05:53:32 PM
I would say that I would stop trading when I reach an amount that I could comfortably live off for the rest of my life. This would be around 15,000btc, i would however not stop using Bitcoins, I would probably invest that 15,000 into something like a casino bankroll or fund exchanges, it is the money I receive from this that I would live off.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: ezehy2014 on August 04, 2016, 06:05:12 PM
My target in the world of bitcoin is to get like 5000 - 10000 btc, then I can go and rest because I will not need money for life again I will just exchange it for my country's currency


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: tyz on August 04, 2016, 06:08:16 PM
At my current age I would need at least 2,500 Bitcoins (at the current price) to get retired.
But, it highly depends where you live. In a industrial nation you need at least $20,000 to 30,000 a year to make an average living.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: entrepmind23 on August 04, 2016, 06:20:18 PM
I need at least 2,000 to 5,000 BTC to retire. I really hope that I can achieve that amount of BTC so that I can retire comfortably and have a peace of mind.I would invest that amount in an investment vehicle that would let me earn interest that is enough to support my expenses monthly.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Vikingr on August 04, 2016, 07:49:58 PM
My aim is to start my own industry of any product and when I get that aim I will slower down my work and will then get the profit from there and after that I will spend a peaceful and full of luxurious life with my family and with my best friends.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: LFC_Bitcoin on August 04, 2016, 08:31:01 PM
If I wanted to retire but have a great life & enjoy myself not worrying about money it'd have to be something like 10,000 bitcoin's.

That's never going to happen though so I should just stop dreaming & carry on working  :-\


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: zodin on August 04, 2016, 09:02:48 PM
in fact i belong to a middle class family and my aim of earning money is very simple i just want to earn money have have a sable and good life, i am not welling of earning a lot money which become difficult to manage to me i have such amount of money from which i can lead a good life, and that is enough for me, i have to get retirement if i feel that now my children can earn such amount of money from which they can lead a standard life then my aim of earning money wll be completed.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Yakamoto on August 04, 2016, 09:14:34 PM
I personally don't think that I will ever really "retire", and chances are I am going to end up doing this for a relatively long time. Making an extra $1k a year in Bitcoin (roughly) from the entirety of things that I do is definitely something I want to miss out on, until I'm making a three-digit salary anyways. The money from Bitcoin can easily be repurposed and can be made useful, and I've already been seeing some of my savings going up. You just have to find ways to do things.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Doamader on August 04, 2016, 09:36:23 PM
Well with the current value of bitcoin, i would be able to retire owning something like 300-500btc would be enought to retire, but with such portfolio i would keep working atleast maybe more 5 years to get a car with those money.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: universe_ on August 04, 2016, 09:45:19 PM
I personally aim for a couple thousand bitcoin  :P

This is only if I am investing everything into bitcoin, however. If I were to invest partially in bitcoin and the rest in fiat, I would do just under a thousand bitcoin.
it would be great to have that much bitcoins though i think it needs a lot of efforts for getting it, i hope that i will make profit with it in the future


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Pattart on August 04, 2016, 10:21:16 PM
I personally aim for a couple thousand bitcoin  :P

This is only if I am investing everything into bitcoin, however. If I were to invest partially in bitcoin and the rest in fiat, I would do just under a thousand bitcoin.
yeah of course, to be able to retire and you have to have a lot of money so you can live a day of pleasure when your parents, you may need thousands of bitcoin. I also agree with the total amount. I was gathering my bitcoin to thousands. I hope I can be patient until the next 20 years lol


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: extrabyte on August 04, 2016, 10:32:07 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

A hard working person can not go full retired because he can't stay doing nothing, but in generally I think one million or maximum of few million dollars for a person should be needed to go full retired, I can't convert these in bitcoin as the bitcoin changes very often in few days.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: funbarrel on August 04, 2016, 10:33:43 PM
I personally aim for a couple thousand bitcoin  :P

This is only if I am investing everything into bitcoin, however. If I were to invest partially in bitcoin and the rest in fiat, I would do just under a thousand bitcoin.
ten thousand bitcoins would definitely be perfect for me as with it i would be able to live the rest of my life happily not thinking about my job


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aesma on August 05, 2016, 08:11:35 PM
About 5000 BTC

I wouldn't hold that much coin though, I would buy 10 apartments/houses and live off the rents.

If I'm earning money easily (extremely well paid job for example) I would probably keep going a few more years to be able to buy an island (not an expensive one, in Panama they're quite cheap) and a floatplane.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aesma on August 05, 2016, 08:14:46 PM
Well with the current value of bitcoin, i would be able to retire owning something like 300-500btc would be enought to retire, but with such portfolio i would keep working atleast maybe more 5 years to get a car with those money.

Where do you live ? 500BTC is only enough to buy a 2 bedroom flat where I live.

I would probably move to a cheaper location if I retired, but you can't expect cheap locations to stay cheap forever, so you need investments that will follow the cost of living. At the moment I think I'd like to live in Morocco, Casablanca to be precise.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: BitMaxz on August 05, 2016, 09:51:12 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
100 btc is enough to retire because you can start your own business that you can live as boss in your business..
100 btc is more valuable in the future so i think even 50 btc amoun can help you to start your own business.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: topiOleg on August 05, 2016, 10:57:51 PM
100 btc is enough to retire because you can start your own business that you can live as boss in your business..
100 btc is more valuable in the future so i think even 50 btc amoun can help you to start your own business.

Maybe in the future, but definitively not today. 50 BTC is like one new car only,  you need much more today to live like a boss. But in future, maybe.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aesma on August 06, 2016, 01:54:39 AM
Starting a business is not retiring, it's the opposite, working crazy hours !


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: shinratensei_ on August 06, 2016, 02:08:44 AM
100 btc is enough to retire because you can start your own business that you can live as boss in your business..
100 btc is more valuable in the future so i think even 50 btc amoun can help you to start your own business.

Maybe in the future, but definitively not today. 50 BTC is like one new car only,  you need much more today to live like a boss. But in future, maybe.
he's true if he wanna to starting a small business with 50 BTC but nothing for hoping to starting a large with this amount. but maybe just using 25 BTC you got a new car in this time.  :P


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Senor.Bla on August 06, 2016, 09:10:55 AM
100 btc is enough to retire because you can start your own business that you can live as boss in your business..
100 btc is more valuable in the future so i think even 50 btc amoun can help you to start your own business.

Maybe in the future, but definitively not today. 50 BTC is like one new car only,  you need much more today to live like a boss. But in future, maybe.
he's true if he wanna to starting a small business with 50 BTC but nothing for hoping to starting a large with this amount. but maybe just using 25 BTC you got a new car in this time.  :P

in most "western world" countries you need about $0.5M which is about 1000 Bitcoin just to live of the money and what it generates in revenue.
but if you move to a so called poor country then it is way less. but also the living conditions will be of lower quality. 100 ov 50 BTC is maybe enough if you plan to die in the next 2-3 years.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: drwtsn32 on August 06, 2016, 10:54:30 AM
I don't have a certain point of amount but I won't stop until I find a better earnings.
A business for example, or a high-salaried job where I would not be needing to have a side-earning like bitcoin.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: diodio5 on August 06, 2016, 12:35:26 PM
I don't have a certain point of amount but I won't stop until I find a better earnings.
A business for example, or a high-salaried job where I would not be needing to have a side-earning like bitcoin.
I think you have to have it. the same as the purpose of life. You must have a number of targets for the amount of wealth you wanna get out of bitcoin. because believe it or not it will make your spirit again in collecting and getting bitcoin. because you pick the destination and the road


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: mindrust on August 06, 2016, 12:40:50 PM
All i need a nice house with a garden near the sea and a nice dog to guard my house. I don't care for anything else. An SUV and a boat would be nice additions though.

When i got those i won't have to work anymore.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Daniel91 on August 06, 2016, 12:55:16 PM
Very interesting question.
I have my very ''boring'' offline job which I hope to replace completely with my online earnings, including earnings from Bitcoin.
I will feel that I can ''retire'' when my online earnings becomes more stable and at least 2 times bigger than my offline earnings.
In order to achieve this financial goals I count on Bitcoin but also I'm investing part of BTC funds in some other investment opportunities  and also working on my own online business.
Hoping the best.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: jak3 on August 06, 2016, 12:56:44 PM
i think 1/2 million will be more than enough bit then i think i should think for a backup plan too. so let me see how much i can make in 60years


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: JessicaSe on August 06, 2016, 12:57:44 PM
The day I would be holding 100 btc in my wallet at the same point of time I will retire from my job as 100 btc is more then enough for me to live luxury life.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: xJuturna on August 06, 2016, 01:00:07 PM
Close to 500 bitcoin would be good for me but that's all dependent on what it's worth at the time I own that amount. I'd like to hope it would be worth at least 1mil at that time, but that doesn't necessarily mean I would retire with it. I would vest half of in some sort of bank roll after much research, half of the leftover I would hold onto and allocate some of it to the most promising altcoins available or maybe start a mining business. This is way in the future and there's so many options  ::)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Hazir on August 06, 2016, 01:04:09 PM
It's hard to talk about numbers when one part of the equation is asset proven to be extremely unstable and volatile.
That is why I don't think bitcoin in its current state can't be used as your base for retirement fund.

What if bitcoin one day will turn out to be just a bubble?


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: coindancer on August 06, 2016, 01:58:45 PM
my aim is 1 then 10 then 100 and maybe 1000 but this would be hard to reach. retirement with 50 years old if possible.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: thejaytiesto on August 06, 2016, 03:32:50 PM
In terms of BTC, I will never stop the hustle, I need as many as possible. It will go to 100k per coin in the next decade so 21 coins would be a fantastic amount to own, also to belong to the scared 1 million club institution.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: serjent05 on August 06, 2016, 04:48:26 PM
My aim in earning money is to collect 1000 BTC.  It is a dream but well if got lucky might hit it.   But im not retiring yet.  I am enjoying this crypto stuff.  It is great to have something that you're earning while enjoying it.  On the other hand, i think if I hit it, ill still continue with bitcoin stuff and of coure will retire onm y daily job.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: 23dzmaz on August 06, 2016, 04:56:00 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

Well, i still not decide how many bitcoins i need to retire. Maybe many bitcoins, around 100-1000 bitcoins and if i already have that many bitcoins, i will quit my real life job and enjoy my coins.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: csnorthchina on August 06, 2016, 04:57:12 PM
I think around 500 BTC then can make me into the ''retire'' mode...
but it is really hard to reach... :(


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: avikz on August 06, 2016, 05:04:16 PM
Human needs are dynamic and so as the world economy. I am at my thirties so if I want to retire at 50, then I will have consider the inflation and the value of money at that time. It is pretty much impossible to guess now.

So the the planning should also be dynamic and will be based on the value of money I guess. If I think about today, then at least 2 million would be sufficient I think.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: densuj on August 06, 2016, 05:08:30 PM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
I have a target about 200-300 BTC until retire.
And reasons i will be retire if i have made all of my bitcoins  on real Investment are like properties, adding real capital of business. And i don't full retire on bitcoin, i am be update on this forum, if i can i will make something useful for this forum.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: angaper on August 06, 2016, 07:29:51 PM
Because of the great volatility in the bitcoin price, at this moment I would prefer to set my target in dollars, otherwise if I preferred to set my target in bitcoins I would be in permanent risk of losing a great proportion of my money overnight and my retirement would be in continuous stress.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Cryptonitex on August 06, 2016, 07:46:57 PM
Not planning on retiring yet. Planning my retirement.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: chennan on August 06, 2016, 07:51:35 PM
I would imagine the majority of people here on this site is still fairly young... So why would you want to retire? I guess to me, working is something I look forward to everyday and is a reason for me to keep on going with life, besides family and other things such as hobbies.

Idk, it's always a goal for me to be rich and enjoy my time here on earth... But not retire.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aesma on August 06, 2016, 09:23:57 PM
I would imagine the majority of people here on this site is still fairly young... So why would you want to retire? I guess to me, working is something I look forward to everyday and is a reason for me to keep on going with life, besides family and other things such as hobbies.

Idk, it's always a goal for me to be rich and enjoy my time here on earth... But not retire.

Well it depends on your job or way of earning money.

My job is not horrible but if I could afford to quit I would.

It doesn't mean I wouldn't do anything, although there is nothing wrong with that (reading books, travelling, being on a beach everyday, and other things), but the only "job" that I would really consider is investing in things, so I'd need more money for that. Investing in real estate, investing in promising start ups, that sort of thing.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: blackmachinegun on August 08, 2016, 09:36:22 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?
100 btc is enough to retire because you can start your own business that you can live as boss in your business..
100 btc is more valuable in the future so i think even 50 btc amoun can help you to start your own business.
I think the time to retire is not the time to create a business? retirement time is the time that you can enjoy after you work and make business at a young age. old time is the time to enjoy all thy hesitant results. so I think make a business before you retire and collect as many bitcoin dude


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: justdimin on August 08, 2016, 02:25:36 PM
I would imagine the majority of people here on this site is still fairly young... So why would you want to retire? I guess to me, working is something I look forward to everyday and is a reason for me to keep on going with life, besides family and other things such as hobbies.

Idk, it's always a goal for me to be rich and enjoy my time here on earth... But not retire.

Well it depends on your job or way of earning money.

My job is not horrible but if I could afford to quit I would.

It doesn't mean I wouldn't do anything, although there is nothing wrong with that (reading books, travelling, being on a beach everyday, and other things), but the only "job" that I would really consider is investing in things, so I'd need more money for that. Investing in real estate, investing in promising start ups, that sort of thing.
I also think that retiring is not that much necessary, especially when maybe most of you guys here are still young.
Of course, my money aim is to live on, to move on with what I can earn and working is one of the reason I still alive on this planet so why should I think of retiring.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aesma on August 15, 2016, 09:25:49 PM
If you were a waste collector and earned a few millions at the lottery, wouldn't you retire ? We don't all have glamorous jobs.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: 20kevin20 on August 15, 2016, 09:32:15 PM
Four million dollars would be enough for one to live off a luxury life.

$700k for a great house to spend all your life in, $200k for a great supercar, $3M for ALL the other spendings.

$3M for all the other spendings would be like living for 100 years with a $2500 monthly salary. This would be more than enough.

With the rest of $100k, I'd buy gold and try to make more out of it. If I would loose, I wouldn't buy more ever. After making about $10k profit off it, I'd save the $100k and risk only the profit because I'd have nothing to loose.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: TheBlues on August 15, 2016, 09:35:39 PM
i have 1000 bitcoin
in savety in deposit to bank return can make living


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aesma on August 15, 2016, 09:48:38 PM
Four million dollars would be enough for one to live off a luxury life.

$700k for a great house to spend all your life in, $200k for a great supercar, $3M for ALL the other spendings.

$3M for all the other spendings would be like living for 100 years with a $2500 monthly salary. This would be more than enough.

With the rest of $100k, I'd buy gold and try to make more out of it. If I would loose, I wouldn't buy more ever. After making about $10k profit off it, I'd save the $100k and risk only the profit because I'd have nothing to loose.

If you own an expensive house and car (actually 700000$ is not that expensive depending on the place) then you can't live with 2500$ a month. The car alone will cost you more than that !


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Barbut on August 15, 2016, 09:58:44 PM
I don't think I will ever stop to gamble with bitcoins, its something I like. But if I make couple million's with help from btc I would quit my regular job and I would just gamble with money I have while I enjoy in ky retirement. Nothing better can happen for me, cause in my country with current laws I doubt I will ever get to pension. If I don't make some money by myself, I will need to work until the end of my life.
Maybe cause of that fact I have a lot of faith in bitcoins, maybe they can push me up.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: angryswamp on August 15, 2016, 10:17:28 PM
i have 1000 bitcoin
in savety in deposit to bank return can make living
oh wow, signed message, or you are fake, i dont have any plans for my retirement unfortunately


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: andyste on August 15, 2016, 10:32:30 PM
i have 1000 bitcoin
in savety in deposit to bank return can make living
oh wow, signed message, or you are fake, i dont have any plans for my retirement unfortunately

i think is the blues is answer comment in op
he is will resign in the job if have 1000 bitcoin, is not ready balance 1000bitcoin
is plan 1000bitcoin and retire the job


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: ttargett on August 15, 2016, 10:42:19 PM
Not planning on retiring yet. Planning my retirement.
im planning my retirement too though definitely not with bitcoins as i would need a lot of it


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: jakelyson on August 16, 2016, 03:45:54 AM
Well with the current value of bitcoin, i would be able to retire owning something like 300-500btc would be enought to retire, but with such portfolio i would keep working atleast maybe more 5 years to get a car with those money.

Where do you live ? 500BTC is only enough to buy a 2 bedroom flat where I live.

I would probably move to a cheaper location if I retired, but you can't expect cheap locations to stay cheap forever, so you need investments that will follow the cost of living. At the moment I think I'd like to live in Morocco, Casablanca to be precise.

Where I live, 500BTC is already enough to live for a few years without working. And if you have investments that earn steady income, you can be sitting pretty all day and do not have to worry about anything for the rest of your life.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Xester on August 16, 2016, 03:56:52 AM
Not planning on retiring yet. Planning my retirement.
im planning my retirement too though definitely not with bitcoins as i would need a lot of it

Same here, I will not retire based on the amount of bitcoins that I have.  But I keep on earning more to prepare for my retirement.  I am working and earning some bitcoins on every available time that I have.  And even if I retired, and bitcoin is still there I will still make my way to earn some bitcoins.  We are not certain where or on what status bitcoins will be on the next 10 or 20 years from now. 


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Indrawan77 on August 16, 2016, 04:13:36 AM
Its a bit dangerous if want to depend your retire fund on bitcoin, we dont know what will happen in the next 20 or 30 years, but for me 10.000BTC will be enough if i use the rate 600$ per bitcoin, and it exclude the home and car
If i have all of that i will retire and enjoy my life


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: shinratensei_ on August 16, 2016, 05:18:44 AM
Well with the current value of bitcoin, i would be able to retire owning something like 300-500btc would be enought to retire, but with such portfolio i would keep working atleast maybe more 5 years to get a car with those money.

Where do you live ? 500BTC is only enough to buy a 2 bedroom flat where I live.

I would probably move to a cheaper location if I retired, but you can't expect cheap locations to stay cheap forever, so you need investments that will follow the cost of living. At the moment I think I'd like to live in Morocco, Casablanca to be precise.

Where I live, 500BTC is already enough to live for a few years without working. And if you have investments that earn steady income, you can be sitting pretty all day and do not have to worry about anything for the rest of your life.
But what the investment is no sue us for doing activities just sitting and waiting for money will coming for you. because all of the investment is need us to stirs the body.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Strongkored on August 16, 2016, 05:23:20 AM
Where I live, 500BTC is already enough to live for a few years without working. And if you have investments that earn steady income, you can be sitting pretty all day and do not have to worry about anything for the rest of your life.
But what the investment is no sue us for doing activities just sitting and waiting for money will coming for you. because all of the investment is need us to stirs the body.

I think he just wants to spend 500 BTC during his lifetime. In fact, I think if 500 BTC is used for a variety of investments such as trading, mining, hold bitcoin. I think the money will multiply, rather than just not doing anything. Because if it continues to use the money will soon run out. IMO


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: betohell on August 16, 2016, 05:28:16 AM
Not planning on retiring yet. Planning my retirement.
I think life is very short. You will not feel that at this time you're an adult and you will also learn that you will be getting old. so prepare it now dude


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Altitude on August 16, 2016, 05:29:24 AM
I want at least 3m USD to retire and the older I get the less I need.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Kotone on August 16, 2016, 06:09:38 AM
If I will get a stable day job to pay my bills and earn at least 1000$. Then that would be great :D. But for now, I will just use my money at gambling sites and trading sites to earn more money because thats what I need to do in order to earn more bitcoin.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Zadicar on August 16, 2016, 08:14:02 AM
If I will get a stable day job to pay my bills and earn at least 1000$. Then that would be great :D. But for now, I will just use my money at gambling sites and trading sites to earn more money because thats what I need to do in order to earn more bitcoin.
I agree on trading thing but  in gambling  i would suggest to stay away from that if youre trying to earn more bitcoin since  playing gambling would not guarantee you to make   good profits out of it unless if youre lucky then you can make  good money. Its better to focus on trading because you  could gain profit out of it.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: bitsoldiers on August 16, 2016, 08:29:19 AM
my aim is to continue earning more bitcoin for profit.... go into real btc investment , to own a company...... introduce btc far and wide...retirement of this...will get my family involve too in btc investment.....


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: ayesha sadiqa on August 16, 2016, 08:56:57 AM
money is the basic need of life tell the end so i am not going to retired at any point, i will continue earning tell the end of life to spend a standard life,


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Strongkored on August 16, 2016, 09:00:41 AM
money is the basic need of life tell the end so i am not going to retired at any point, i will continue earning tell the end of life to spend a standard life,

In line with you, I also felt till the end we still need money. And if we retire then automatically we do not get revenue. Just like you, even though I already have bitcoin that much, I will not retire until I am no longer able to to do it. Thank you


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: davis196 on August 16, 2016, 11:41:43 AM
How many bitcoins you would must have that you can go to retire?

What would be your point, that you would say i go and quite my real life job and i dont trade anymore?

The more the better,but i would say 500 btc. ;D

I don`t think that i`m going to save that amount and retire.

It`s a mission impossible for me.



Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: bitcoin-hunter on August 16, 2016, 12:35:39 PM
money is the basic need of life tell the end so i am not going to retired at any point, i will continue earning tell the end of life to spend a standard life,

It is a basic need but mandatory so i want to have at least enough money to retire wealthy, sent my kids to college etc. etc.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: pereira4 on August 16, 2016, 12:49:39 PM
I would say that 1.5 million is enough to retire in a really cool and safe country, probably in Europe in some of the south european countries or eastern european ones. Poland has some really cool beach locations and with that kind of money you would never need to work ever again. Of course, if you are going there, the language barrier is very annoying since most people don't talk english.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Supercrypt on August 16, 2016, 05:17:14 PM
I would say that 1.5 million is enough to retire in a really cool and safe country, probably in Europe in some of the south european countries or eastern european ones. Poland has some really cool beach locations and with that kind of money you would never need to work ever again. Of course, if you are going there, the language barrier is very annoying since most people don't talk english.
It would also be enough if I'm only going to be talking about myself but I do want to help ease up the life of my children too so even if I have achieved my own goal, I'd still try to earn just a little bit more for them, although I may not apply the same effort as I did while earning for myself but at least I'll be able to help my children.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: dothebeats on August 16, 2016, 05:24:53 PM
I would be happy to retire at even a million dollars and have my own house and lot, a car, and my closest relatives would also have a house and a car too. I won't be bothering about going to work or tending my business if I have successfully achieve that goal. I'm not greedy, I just want to have a better life for me and my family and not the ultra-rich type person almost anyone wants to be. And, I think, bitcoin would help me reach that goal yey!


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: aesma on August 16, 2016, 07:05:03 PM
A nice house for me would include a large parcel of land where I could grow vegetables and fruits, so that's something less I'd need to buy. I could also trade some of those for fish with a fisherman, meat with a farmer, etc., so again less money needed. My electricity would come from solar panels and wind turbine combined with a battery bank. My pool would be a natural one without the need for any chemicals.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Strongkored on August 17, 2016, 03:28:56 AM
A nice house for me would include a large parcel of land where I could grow vegetables and fruits, so that's something less I'd need to buy. I could also trade some of those for fish with a fisherman, meat with a farmer, etc., so again less money needed. My electricity would come from solar panels and wind turbine combined with a battery bank. My pool would be a natural one without the need for any chemicals.

Haha I think it's a good idea if it is used as a flurry when we retire. moreover, we can get the money from the sale proceeds. To me, making my own business for the pension fund seems like a good thing. IMO


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: fenican on August 17, 2016, 03:41:44 AM
$2M worth is probably enough for just about everyone. That provides $80k a year of basic income at a 4% draw rate. You won't live like a king but it's quite comfortable.

The guys saying "I'll start a shop with $25k and get $2500 a month of income" are just dreaming. First off, a successful business requires a full time commitment so it's really no better and in many ways worse than a day job. Add to that the fact that 95% of small businesses fail and many of those that succeed have terribly small ROI's and often experience annual losses.

Rental properties are easier but similar problem - the type of property one can buy for $25k is going to require massive amounts of maintenance and will attract tenants who dislike paying rent and excel at trashing the place. Very often wildly unprofitable.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Mr. Big on August 17, 2016, 04:41:03 AM
I would be happy to retire at even a million dollars and have my own house and lot, a car, and my closest relatives would also have a house and a car too. I won't be bothering about going to work or tending my business if I have successfully achieve that goal. I'm not greedy, I just want to have a better life for me and my family and not the ultra-rich type person almost anyone wants to be. And, I think, bitcoin would help me reach that goal yey!

A million dollar aside from my monthly pension would be enough too for me, that would be very big if I convert it to the currency in where I live... That's my plan too, if all of my brothers and parents and my sone are all settled, that's the time I could say I had enough, they are the reason why we keep on working and earning, when we see that they have a good life and earning, perhaps it's useless to work harder...  :)


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: BigSirko on August 17, 2016, 05:27:39 AM
$2M worth is probably enough for just about everyone. That provides $80k a year of basic income at a 4% draw rate. You won't live like a king but it's quite comfortable.

The guys saying "I'll start a shop with $25k and get $2500 a month of income" are just dreaming. First off, a successful business requires a full time commitment so it's really no better and in many ways worse than a day job. Add to that the fact that 95% of small businesses fail and many of those that succeed have terribly small ROI's and often experience annual losses.

I have never met a slumlord who lost his shirt or had to downgrade his family home into a one bedroom apartment.  On the other hand, I have seen countless and countless small business owners who lost their shirts and had to sell their family homes to sustain a few months on their failing business.

So long as mortgage rates are low and generation millennial and generation Z are kept off the property ladder, slumlording will be a profitable endeavor for a very long time. 


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: CoinFoxs on August 17, 2016, 08:26:48 AM
Money is the only thing who is the most beloved thing in the world, everyone wants more and more money in their life so same with me i don't want to retire, i want to make or earn more and more coins through this forum. But i have some dreams when these dreams come true then i will step back from bitcoin and do some other business through which i can earn by doing nothing, i mean people work for me and earn money and give me :P


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: trafficolaa on August 17, 2016, 08:30:50 AM
I think 1000BTC would be enough for me to go for early retire life, because I have some amazing ideas to invest these into real life project like to buy some apartments into my area, so in this way I can generate very decent amount every month for me, this would be great achievement for me.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: Barbut on September 10, 2016, 10:49:21 AM
5000 BTC and I can retire right now, I can quit my job, I can buy a house and nice car. With that money I can even start some little hobby business, to have what to do every day.
I think I could go to retirement tomorrow. Just to not get up for stupid work everyday. To go there all month for what? I wish something totally different.
That is a dream, last year they moved up age in which mans and woman's go to retirement, probably I will need to work all my life.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: iqlimasyadiqa on September 10, 2016, 10:57:12 AM
factor of the amount of wealth was I who will be my benchmark for retirement. I need at least 50 BTC bitcoin's really ready. I admit that old age is a difficult time for me to get the money. I need to save some of the bitcoin began today.


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: pakitz on September 10, 2016, 10:57:58 AM
20kBTC guess that would be enaf..   ;D


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: blackmachinegun on September 10, 2016, 11:16:16 AM
factor of the amount of wealth was I who will be my benchmark for retirement. I need at least 50 BTC bitcoin's really ready. I admit that old age is a difficult time for me to get the money. I need to save some of the bitcoin began today.
yeah of course you will have a goal that you must achieve to old age or retirement mu mu, of course your target is getting big money so you can live comfortably. I hope you can get your targets with ease dude


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: gentlemand on September 10, 2016, 11:38:21 AM
My ideal life would be a decent enough house somewhere coastal but most of my time would be spent travelling. I don't have any expensive tastes and have zero plans to burden myself with offspring. To achieve both for the rest of my days I suppose $4-5 million in current buying power would make it very comfortable.

I think realistically several hundred BTC would be needed and even that might be optimistic. People planning to retire on ten of them are to be commended for their faith and I hope it happens, but I wouldn't be betting the farm on it. 


Title: Re: What is your money aim? At which point you would go in "retire"?
Post by: arseaboy on September 10, 2016, 11:55:52 AM
I want to hold at least 50btc enough to start my own food chain here in our country if I will able to achieve that in the next 5 years I will retire and start my business.