Bitcoin Forum

Hey guys,

so I have been buying BTC (and admittedly ETH) since October/November 2020. I have been sticking to that strategy and
even put larger amounts when there was a steep decline in a short period of time, everything on my cold wallet, nothing left on exchanges.

With prices starting to slowly rise again (not sure if I really like that, always have the feeling to never have enough), what would you think
is enough to retire in 2032? I know that nobody can tell that with certainity, but would love to hear your estimates:

I think 10 BTC and 100 ETH would set you up for good, so once that is reached, I would stop accumulating, what is your plan?

In my opinion, there is no measure of how much money a person needs to be able to retire and enjoy their money in peace, because it all relates to one's needs and lifestyle. If you are a fairly simple person and have a lifestyle that is not too high, I think the amount of 10 BTC and 100 ETH is enough, but if you have a lot of needs and the lifestyle you have is also high, like you want to have a ferari or a luxury house in the elite area, 100 BTC in my opinion will not be enough either.

Realistically speaking, many are unable to retire comfortably with BTC fluctuating rates.

Currently 10 BTC and 100 ETH are roughly 282,000, and 180,000 dollars respectively. Combine both and you're still short of 500K assuming that the bullruns don't further dilute your holdings. That is if you are able to continue buying while maintaining some spare cashflow for daily expenditures.

I'd just go with whatever amounts that suit my fancy. There are other assets that will continue to appreciate so the amount of BTC don't matter to me.

You must be a very rich person, and your goals are too high if you ask me. I guess these days, owning 1 BTC is extremely difficult for many people, let alone 10BTC and 100ETH. The goal of accumulating assets for retirement will depend on each country and each person's life needs, with your goal, for example, I never dared to think about it because it is a huge amount of money. In my country, if I get that fortune, I won't need to work from now on and can live the rest of my life without many worries. That's too much money to retire.

10 BTC and 100 ETH which is not small money in my country here, but you can calculate what you see as enough depending on your financial status and what you earn monthly, weekly, or annually. For an average guy like me, this amount is really enough for crypto retirement, adding to other forms of assets that you might have accumulated before your actual retirement date. And if you are lucky enough before retirement, both coins might have doubled in price, which will be a lot of money compared to what they're currently worth.

Years ago, it is easy to buy 10BTC but today you have to be a millionaire to be able to buy 10BTC, it is not too late though, you can still strive to get 0.5BTC to 1BTC because, in the next 10 years time, it will be almost impossible to be able to afford 1BTC because the value will be much more premium than what it is at right now. 

1BTC will bring your dream right to your door very easily, because who knows, maybe the 500k price mark for Bitcoin is achievable in the next 10 years to come.

Keep Grinding.

for now, 10 bitcoins and 100 ethereum is a lot of money. we assume that bitcoin and ethereum prices will be very high in the future. meaning, you need to have a lot of money to accumulate that amount before retiring in search of bitcoin or ethereum. actually it's a good value, but if that's your target, then you need to set it up from now and take advantage of the bear market to get a cheap price. Personally, I don't know how much is suitable for retirement, but as long as I can still earn from it, I will continue to try to make it.

If you intend to invest about 300K USD, it is better to ask an expert for 500 dollars instead of a multinational forum.
In general, the amount is considered relatively large for the majority, and therefore it is a good long-term investment if you do not intend to use that money until after 20 years or more.
As for the return, where are you? and can you get a higher return through other investments or not? If that money is surplus to you and you are not afraid of losing it, then go a head and HODLING.

It is extremely risky to bag hold altcoins in general, it is even riskier if the altcoin is centralized, flawed and most importantly has an unlimited supply such as ethereum. In 10 years, it may not even be around let alone be worth higher than this. Not to mention that the past 5 years that ETH has been dumping consistently (from 0.15 to 0.06) has proven that it has no long term potential.

As for bitcoin, the way I wouldn't rely completely on bitcoin for retirement. In 10 years with the way inflation is going and if the adoption is slow and price doesn't go that high you may not have enough bitcoin to retire comfortably. In most countries the cost of living is already huge and is increasing fast.
It is best to diversify into other assets and I mean real assets not altcoins.

In my point of view it really depends on your individual goals and needs. If you want to retire in 2032, you should consider how much you will need to live comfortably and plan accordingly. Are you looking to retire completely or just reduce your working hours? Do you need to cover your retirement expenses as well as your cost of living? These are all important considerations when planning for retirement.

That's a tough question and depends on a lot of things. Where do you live, how much do you spend, do you have other investments and etc? You're the only one who can answer that question, especially because no one knows how much BTC will be worth in the future.

If you don't know, let's explore Bitcoin controlled supply (https://en.bitcoin.it/wiki/Controlled_supply). In next 10 years, after next 3 halvings about 98% to 99% of Bitcoin total supply will be mined in 2032 to 2036.

I believe that with 0.5 BTC to 1 BTC, you can get rich enough to think of retirement. You must work to accumulate enough BTC in coming years and be disciplined to hold your BTC like a Bitcoin maximalist.

It is not easy for many people to accumulate enough 0.5 to 1 BTC so if you can do it, you make a great job! A second part of your job is holding it.

What kind of lifestyle will you take?
The calculation would be equal to (average annual spending+6% of average annual inflation)*10 years. In my neighborhood, at a low-medium economic level, it's $200 monthly fees so that would be $2.64k a year or $26.4k for 10 years of life spending.

Then 1 bitcoin will be enough if you live in my country. The adjustment will be easier if you can reduce some unnecessary cravings.

Is this considering never gonna be able to work again or do business? Then why limit to 10 btc and 100eth. If its me, Id say 1k bitcoin and 10k eth at least, but reaching this figure needs a lot of time and works or yet to say luck to have gained more than what you could do in a lifetime. But it will always depend on btc or eth value isnt it. Let say it reaches 1 btc= 100k; 1eth=10k then I have 1k btc then thats gonna be a lot of avtivity in life without worrying.

My plan is not to retire. Even if I accumulate many millions, after some time traveling and so on, I would work but with my own projects. People dream of having so much money so that they don't have to work that they are not aware that those who get it, one of the following two things happens to them:

1) After a season on the yacht and playing golf, they get bored and decide to go back to work creating their own entrepreneurial projects.
2) They end up turning to alcohol and drugs, which usually has a bad ending.

This talking about young people, if you are 60 or older, it is more normal to retire and dedicate yourself to a contemplative life without getting bored or ending badly.

What period of time are you referring to? I think you are either referring to being able to retire in those countries, which no matter how cheap life is there is going to be impossible if you retire at 50 and we assume you live until 70 with only 1 bitcoin, and if you mean let's say one year it seems a bit high for a poor country. Unless you mean the former but counting the return it will have in the future, but you will still face volatility.

I still want to collect more bitcoins for now and even if possible, I want to have more than 10 BTC and more than 100 ETH. But I don't know when I will be able to have that amount of BTC and ETH but I will keep trying hard.

Maybe in developing countries, having 10 BTC is more than enough to be passed on to posterity and they will not lack anything in their life especially if they can develop their skills and abilities to add more bitcoins. And I think more bitcoins would be better for us because there is a possibility that bitcoin will become more expensive.

The amount that will be okay to retire with is purely based on how much and your expenses as an individual. Only you can decide how much will be okay for you since you are actually the only one that knows exactly how much you spend. If you say 10btc will set you up for good, then that is the amount that you have planned and put in mind, it will be okay for you but you also need to consider some other factors like if your expenses will be larger at retirement than you predict.

In general, the more bitcoins you accumulate, the more comfortable you will feel in retirement. But I think it would be too risky to concentrate all your retirement money on a volatile and risky asset like crypto. I agree with what pooya87 said, you should diversify your assets with assets other than crypto. In case, if your crypto investment crashes and you don't diversify your assets then your retirement dreams will disappear. Don't forget that bitcoin or ETH are both very risky.

I simply stack whatever amount I can on a weekly basis, which comes from signature campaigns and other work-related stuff that lets me earn cold hard cash. I plan to continue doing this for as long as I have the means to buy BTC.

It's not that I have no concrete plan for establishing a retirement fund, but perhaps I'm too lazy to think about how much bitcoin I'll need for my retirement.

But one thing is for sure: those weekly bitcoin stacks could potentially grow into millions, rather than saving it up in a bank. It may not provide the most luxurious life when I get old, but it could certainly give me decent comfortability to spend for the rest of my life.

It depends on what you plan to do after retirement and also where you live, because if you live in a third-world country, 10 bitcoins are enough. But in retirement, you should have money that can last you and your family 10 to 20 years, depending on what your monthly income is. People mostly calculate how much they spend on a monthly basis and multiply it by 10–20 years; that is the amount of money you should come up with. But for me, 10 bitcoins is already enough, as long as I also have business.

That's a good plan, but while you could still save your money even that amount has been reached, why not to continue it? As long as you have spared some amount of your income for emergency needs, then I think your saving plan is solid enough. History has proven us that bitcoin price is increasing time by time, no matter what issue trying to affect it. However, instead of buying crypto asset only, perhaps you could try to spare some of your money to buy other assets, such as property or gold, so the risk would be lower.

You made the point already, that nothing is certain, and that there is no way to correctly predict what amount of bitcoin and eth would be a good hold for retirement in 10 years time.

But personally, I think the numbers you mentioned are quite good enough, 10 bitcoin and 100 eth are no child's play, and if by 10 years from now, bitcoin should be trading above $100,000 and eth above $10,000 or even more, then it simply means you are so much in money, a good way to really retire and leave an incredible inheritance for your children, grand children and great grand children.

The answer to this question depends on where you live. With this amount of coins you can retire already in many countries. You don't have to wait 10 years. Retirees in Türkiye don't even have one tenth of this money. I'm trying to explain how big the number you're talking about is. $500k may not be enough to retire in the US, but in many developing countries you could live comfortably on that amount until you die.
None of us can know for sure what will happen in 10 years. Try to collect as much BTC as possible for your long-term investment, I'm not so sure about ETH though.

We don't know how the market movement will be in the next ten years time. However for anyone who is much dedicated and have trust on cryptocurrency can easily accumulate the number of bitcoin and ethereum mentioned in the OP. For retirement surely this number is gonna be huge and helpful for the rest of their lives.

Every year the price of bitcoin have grown along with increased user base as well as increase in adoption and acceptance. We can believe cent percent, bitcoin will be part of each and everyone's retirement fund. The real need for cryptocurrency is much understood by all level of people in recent days. Another thing, the requirement of bitcoin and ethereum could vary between people based on the locality and the lifestyle.

I greet you too.

I can say that you did the right thing by accumulating btc and eth over the past 3 years, although the average cost of your purchase of bitcoin should not be much different from the current price. Perhaps your savings will pay good dividends on the next bull run.

To tell if your savings are enough for retirement, need to know how much you have and know your monthly expenses. So, only you can find out the answer to this question, having previously calculated it personally.

I think that 10 BTC and 100 ETH even at the current exchange rate would be a very decent accumulation in many countries of the world. Is it possible to accumulate so much now? - Will depend on individual income. Is it worth stopping at these marks? - it's up to you too. Personally, if my standard of living allowed, I would not stop and continue to accumulate bitcoin (may be altcoins). And what other alternatives can you choose to save money? Not to give it to the banks, really.

In general, it is pleasant and interesting to participate in such conversations, but it doesn't bring practical benefits. For the information is too vague and in order to get answers, you need to take into account many individual points.

It's hard to estimate how much money is needed for a retirement because people have different standards of life, different countries require different amounts of money to cover basic expenses, a person may of may not have additional sources of income at that point, consumer prices can grow significantly over time, there can arise a demand for something like a medical emergency that can't currently be calculated, you can't know how much you'll live etc.
Assuming $1k per month is enough to cover basic expenses of retirement and 30 years is how much time one expects to live after retirement, it gives us an estimate of $360k for that period. Of course, given inflation, it's actually significantly more than that, so let's perhaps double it to $720k. 10 BTC and 100 ETH already cost something close to a half of the required rough amount. I'm sure Bitcoin will cost much more in the future and Ethereum will try to keep up as well. So yeah, I think this amount is enough. But of course, nobody can know for sure and we have no idea what sort of new challenges and demands the future will bring or whether cryptos will be as relevant as they currently are at that point.

It depends on your cost of living. 10BTC is a bit over kill in my 3rd world country because you can guarantee a good life here for many years even with 1BTC with just a proper management of money without buying unnecessary things.

My goal is to have 5BTC as my retirement funds. I’m currently on the 1BTC equivalent value in fiat on my savings right now and trying to convert in Bitcoin slowly. I believe I can reach this goal for 30 years of working since I already computed my total savings in the future using part of my salary.

I don't think anyone knows what will happen in the next 10 years although we believe bitcoin will have a sharper increase but in investing in bitcoin it will only take a little time while the supply limit will run out still leaving a lot of time so the price will not be sky high so even though it has achieve big plans with results invested why should you retire? While the world's entrepreneurs are still growing their wealth even though the money is already millions of dollars.

Maybe for us it is a large amount of 10 BTC and 100 ETH even though we will never know in the next 1 decade, remember don't get too carried away with the amount of money that has been achieved you should be able to roll back these assets to those that are more valuable to be more precise diversify rather than having to store it all in crypto.

I will not retire enough even if the results are big, I will continue to increase my wealth until I can afford it.

Probably 100 btc and 10,000 ETH, just kidding.
To me no amount is enough for the wealthy, my advice is just to keep on accumulating until your retirement day, with what you have already it's enough for anyone in whichever country the person might reside to say he/she is set for retirement. 460k+$ is not a chicken change, let's be realistic here. if you are the type with huge dreams and have a better source of income which usually gives you a large left over after all your monthly bills and expenses are being feet, then just keep on investing, no amount is too huge for retirement.

10 BTC may still be a relatively small retirement amount unless you will have a well structured retirement payments to support you in paying other bills such as medical and travel, because holding Bitcoin as a volatile asset may not be a guaranteed successful retirement.
It will largely depend on the inflation rate of your country and how well you can cut down your expenses to be able to survive on a 10BTC accumulative amount for retirement

With the market rushing and coming to a bull run, this is more than enough for me.

It depends on your lifestyle and the cost of living of where you are right now. But for me, wherever I'd go, this is already good and more than enough for me to have a good life while on a retirement.

I'd spend that with different businesses and will still hold a lot from that amount so that I'll also be prepared for the very next bull run that's inevitable to come.

With 10 BTC you can not retire in a wealthy country. 10 BTC is a lot of money, but at current prices you can live a maximum of 10 years. If your retirement is far away you can accumulate 10 BTC and hope that prices will go to 5x or 10x, then you have a good chance that it will be enough  8)

It would depend on how much Bitcoin would worth after 10 years and of course the cost of living.
If you would also retire then it is better to look for passive income to support you on your bills and all of the things you need.
So we couldn't really say how much Bitcoin or crypto we need for retirement in 10 years because the cost of living and Bitcoin price are constantly changing.

I smile  :D :D :D and that's cool I think about planning to retire with BTC in 10 years. Assuming that BTC continues to increase in value over the next 10 years, accumulating 10 BTC and 100 ETH can potentially set you up for a comfortable retirement. However, it is important to regularly reassess your financial plan and adapt it to changing markets and your personal circumstances.

I think there's something else for you to keep in mind going forward which is to consider the tax implications of holding BTC and ETH in your retirement portfolio. Depending on your country of residence, you may be subject to capital gains tax when you sell BTC and ETH, which can affect your overall retirement income.

Simple Economics made us to understand that man has an unstable needs (I.e man's needs can never be satisfied), and as such, if a person get a to accumulate more Bitcoin, as time goes on, so will he/she wants to add more so as to satisfy his current wants and basic needs.

That is,
    * Needs = Something that is needed to survive e.g Food, shelter and clothes.
While,
 * Wants = Something that a person desires e.g mobile phones, cars & laptops

So for me, If could have  10 BTC and 100 ETH which is approximately $500,000 "just as UserU said", I will literary want to accumulate more so as to increase my wallet portfolio, as money is never enough for anybody who is alive, but the dead.

I would guess 1 bitcoin would be enough, depends on where you live but if you know what you are doing then in any place on earth should be good for 1 bitcoin retirement. I believe that in 10 years bitcoin will be at least over 500k, and possibly closer to 1 million. Doesn't matter where you live, it could ne New York, it could be London, those would be very tough to live on a million but if you buy a place and rent it out and live in a smaller place then maybe you could do it.

However, aside from those very expensive cities around the world (there are a few) then rest of the world would be easy, you could buy like 10 houses in most places with that kind of money.

10 BTC and 100 ETH is a very large nominal so I think this amount is enough for you to continue living, especially if you live in a country with a low cost of living then you can have fun with the amount of investment you have, imagine when the bitcoin price reaches to the level of $ 100k and the price of Ethereum reaches to the level of $ 10k you will get $ 2m worth of funds in the portfolio and be able to make you live well enough like the cost of living in the country I live in which the average ordinary person only needs funds worth $ 350 to $ 450 for monthly expenses .

There's no concrete answer to this, because well, bitcoin's price changes over time and there's no way of telling whether it would rise up in value in the future or it will plummet to its death. But the latter is a little unbelievable if I do say so myself. In my opinion, instead of wracking your brains trying to collect as much bitcoins for your retirement when there's no assuring whether bitcoin would still even be relevant by the time you officially retire, you might wanna look into other retirement plans, a 401k looks nice nowadays and is something my friends and I will always recommend since it always ensures that you have pocket money for when you can't work anymore!

I have never actually sat done to make a plan about my retirement because I still have alot of things to do first before I can focus on what I want for retirement.
My country's currency might not be the same with yours but if you compare the price of 10 BTC and 100 ETH that would result to some pretty amount and if you are able to successfully save this amount it should be enough for retirement.
Like I said earlier my country's currency and yours are not the same.

How much money is enough money to you? 100k$? 1m$? 10m? You probably won't be able to come up with a decisive answer to that because human wants are insatiable. If you're sure having 100BTC will be enough for you to retire, given the knowledge you have about potential buying opportunities when you were stacking up on BTC, the natural greed instinct in you will not make you overlook a very big buying opportunity. Hence, you may really not be able to retire. You'd always come back.

Let's say your average price of getting 100BTC is 40,000 and the price goes as high as 70000. You might be satisfied at that point but would you be able to overlook if Bitcoin goes back to 20k? Knowing that the last time you you bought at that price, you're in massive profits now.

Yes, he can look at other investment options not only with BTC or ETH.
Much better if you have tangible assets such as real-estate, precious gems, and others that you have physical ownership.
Or just like you said, invest in a 401k retirement plan or whatever is equivalent in your country.
You can never be sure with crypto market, so with your tangible assets, at least you have a fallback if anything goes wrong with this market.

Your stated objective is to retire in 2032 with 10 Bitcoin and 100 Ethereum. If I can get 1 or 2 BTC before that time, I'll be fine.

It is never necessary for someone to have a defined objective to amass 10 BTC and 100 Eth before retiring by 2032 because of the volatility of the cryptocurrency market. Depending on the quantity and value of Bitcoin in my portfolio, I can retire at any time. I can choose to retire happily if I should have 1-3 BTC before 2032 and the price of bitcoin increased more than I anticipated over the next bull run.

Please only listen to people who are actually licensed and trained to give this kind of information, and I can tell you that 90% of the people replying in this thread have absolutely NO CLUE what they are talking about. 

As a financial advisor I would be happy to discuss this with you personally if you truly care and want to truly learn.  There are so many factors at play here and absolutely no one knows if bitcoin and ethereum with be worth 1 dollar or a million dollars down the road.

Always remember, ones portfolio must be diverse.  You must have traditional assets as the backbone of your portfolio first, then you bring in more risky assets , such as bitcoin. 


People should stop trying to give advice that are not qualified to do so.  SMH

10BTC and 100ETH is a good starting point for a retirement fund. In my place, that is a very high price that, even at its current value, can provide you with a comfortable life. Looking ahead to 2032, when we all hope prices have risen further than they are now, it will be an excellent retirement plan. Although market volatility should be taken into account, you may not be able to exit the market at its ATH in 2032.

As much as possible and as much as you can. For sure the bigger the better BUT nothing will give you an assured profit. Take note that the market price of Bitcoin is volatile and that means funds of yours won't be having assurance to generate profit in the future. If we would base on charts, indeed the market value of it is growing in a long run but what would give us certainty that it will be continuous? Anything could happen in a long time frame and that simply means that risk will always be there. Using this technology as your retirement plan won't be advisable. Retirement funds should bee in a place wherein no risk is present because you'd be needing it in times of emergency. Let us be not delusional; not because this technology has potential you'd already risk everything into it.

This looks to be fair amount for the retirement. In the past it looked like an easy investment based on its current price. Even after this we'll get more opportunities in the ten years time. We need to have perfect plans and start saving, so that we can buy the mentioned number of Bitcoin and ethereum at the best price. If not, atleast we should start DCA technique by now onwards which helps to accumulate the number at an average price.

That question will be answered on an individual level, this is because by that 10 years what are your goals what do you plan to have achieved? Also, the exchange rate after selling the bitcoin matters, for me to retire in the next ten years I think 1 BTC will do to have a quiet and peaceful life forever.

over the last couple years i've told people hodl at least 0.1 BTC as long as you can - it may change your life one day.

hyperbitcoinization could send the price to $100m per coin (in today's buying power)

even if BTC has market share with XMR and possibly a few others, how much money do you need?

Why we should stop to accumulate more when we still have a chance to accumulate more even though we're already old enough? I'm not retired yet, but I believe many retirees are have a lot spare time where they doesn't know what they need to do. They're happy in the beginning, they will chill and enjoy their life, but after few months or years, they will say their life were boring and they need to do something to kill their boredom.

If you plan to retire in 10 years then it shouldn't stop your buying power, right? You should be buying a good amount of Bitcoin every year, let's say you are able to afford 0.1 BTC per year from your salary or business, in 10 years time that's 1 BTC, how incredible is that? Right now, 0.1BTC is 2744$, this is very achievable every year for the working-class, if we have to break this amount further down, this is 228$ per month.

I believe this strategy is far more going to be effective, instead of buying 0.1 BTC like some recommend and sit on that for the next 10 years, not good enough to me, use the next 10 years to secretly accumulate Bitcoin 👍

very fantastic value for preparing for retirement, if only in the early years it was created already knew bitcoin, maybe it's not difficult to collect 10BTC and 100ETH, but for now the nominal is extraordinary, at least collect little by little for the future. it should be at a time like this, where in my opinion the price is still worth buying and hopefully soon the bullish season will come so we can hold it more calmly because of floating plus

Depends on where you live and where you are willing to live. Yeah, 10 BTC and 100 ETH at current price is actually good enough and you will be able to retire in some countries like situated in South America. You can own a house and a car, and lead a decent life. This is based on current price. If the price in next 10 years goes up more, you can literally own a mansions and lead a luxurious life in those countries. So yeah, you are doing the right thing saving bitcoins now.

But like you said, no one can exactly predict what the price is going to be in next 10 years. Chances are that the price is going to be higher, but there is also a chance that the price will be much lower than it is today.

This is really big investment at this time also for many of us as there can be lot of people who are holding small units of btc with them and not have acquired full Bitcoin and you are talking about 10 btc along with 100 ETH for retirement plan.The main goal for me is to have sufficient funds to enjoy my life in late fifties and from speculation one btc would also be very expensive at that time.

But inflation is also going up so will depend on how much worth 10BTC would be at that time so you can afford to live a comfortable life but you can always prepare yourself for upcoming times and yes btc is great choice.

Don't think about how many bitcoins you need. You can never get enough BTC  ;D

So I think it's best for you to just keep accumulating and not think about it. Eventually, you will realize that you have enough.

Bitcoin is an asset that will have a higher value if held for a long time, so accumulate as much as possible. But giving specific goals is the right thing to do because we will rely on them to make more effort. But when it comes to money, I think human greed will never be enough, when we achieve that goal we will set higher goals.

I don't know where OP comes from and what his income level is, but his goal for me is too high to achieve. That would be a huge amount in a 3rd world country, with that money you could also retire early without having to wait another 10-20 years.

What exactly do you mean by retirement? Do you mean I should sell all of my bitcoins after holding them for ten years? I think this is arbitrary; 100 bitcoins may be sufficient for you, but trust me when I tell it is average money to another person, and why would you retire from Bitcoin in 10 years? Is owning a bitcoin for life and selling it whenever you feel like it now a profession from which one must retire? That's something I'm not sure about.

Have you also had the thought of it crashing back to your initial investments or the price that you bought? "What if" you bought the bitcoin at an average price of $30,000 and then in the next 5 years and the price surged to $300k and then another 5 years it came down again due to unforeseen circumstances like we did have so many instances of exchange insolvencies and Luna moments, how do you retire from this kind of situations? These are the things you should consider when you talk about retirement.

Can you clarify what real assets are, it's real estate and precious metals?

10 years may not be enough for bitcoin to reach very high values, but there are those among us who will retire in 20 or 30 years, in which case the chances are much greater. But even so, I agree with you that it would be good to diversify your investments in order to reduce risks.

Thta is simply not true at this moment and this bear market is the best reason why. If OP retires and in this moment the bear market is going on, then he will need to wait for a few years until he can sell his bitcoins for profit. How can he however live in those years? If he sells in bear market he will have a loss and will not have enough bitcoin to retire. If the does not sell he needs to work again. Also OP can get sick at some point where the prices are low. How can he get his money then.
In General you should have more then one asset class. It is easy as that.

I think that depends very much on the country where you plan to live as it is a big difference if you live in Norway or if you live in Phillippines. But generally speaking, I think that having 1 Bitcoin in 2032 will be enough to retire as I think by then price might be over 1 million dollars and for me that would be enough to retire.

In my opinion That's not how you Define that how much BTC are needed after retirement like A simple job. I will say that there are a lot of factors to buy Bitcoin at cheaper price and than Hold Ofr long term and this long term duration will depend upon how we discuss this. And I have some key points that I will discuss about it.

1. Buy at Cheaper price as possible
2. Wait for your Target to Reach price Threshold
3. Hold for maximum Years you can hold like 10 ns 20 Years

And in this way you will get a lot of money and also a lot of profit that will be even unimaginable to you and also others too.

Dollar Cost Averaging DCA is good because with DCA you will not have to think at what price you will make your next purchase and you don't have wait for cheaper price. You can purchase Bitcoin gradually with DCA.

https://dcabtc.com/

Taking profit is part of investment which gives you profit, better life, happiness but you should hold your bitcoin long enough to get good price to take profit at great rates. You should not take profit all bitcoins you accumulate because you will not know its future price. I don't advise you to hold your bitcoins forever and avoid taking profit but let's reserve one part of your bitcoins which you are afford to lose forever, to hold it about 20 to 30 years. Like 5% or 10% of your bitcoins.

It's is my holding plan too.

I plan to collect as many bitcoins as possible even though it feels difficult but I'm sure I can do it. And to retire in 2032, we still have time to earn lots of bitcoins as long as we put in the effort. And the amount of bitcoins we can collect may be more than 10 BTC.

But for altcoins, I wouldn't hold on to them for too long because there is a possibility that if the price of BTC goes down, the altcoins will drop too deep. So hold altcoins for a while and sell them when the price is in the altcoin season position because that means altcoin prices will be at their peak. But for bitcoin, it's going to get even more expensive in the future. So I will focus on collecting more BTC, even though I have been doing it for a few years.

Life is so unpredictable that it is almost impossible to predict what might happen to you in 10 years. But you are right, it is necessary to prepare in advance for old age, so as not to be a burden to children, and not to be dependent on someone. But I would prefer to invest in bitcoin what I can do without now, is let there be bitcoin investments, but without fanaticism, without causing any inconvenience to today's life. Saving on everything, for the sake of the future, maybe the future respond to poor health and, accordingly, very expensive treatment. In addition, having accumulated some capital, you can always open your own business, which will work regardless of age, and make a profit.

A very subjective question I must say.

It all depends on how your lifestyle is. Are you frugal? Are you spending too much money on things you don't need? Are you a huge spender on some things? Are you a gambler? Are you a saver? Are you an investor? How much you need for retirement depends on how your lifestyle is. If you don't have any mortgages, any loans, but you do saved a lot of Bitcoins in the past then I guess 10 BTC and 100 ETH would be enough. However, if you are a big spender, have lots of loans, I'm afraid that you need more of that. Also take note that we don't know what the price of these 2 coins will be in 2032. We might see Bitcoin's price at that year still below $100,000 and Ethereum still below $2,000.

My plan? Accumulate and accumulate until I've reached the point where I don't want to accumulate anymore.

I don't think Bitcoin will die. It will only go down but to counter this, we may need to stack on many Bitcoins as possible. It will also be possible for the price to recover so we can also wait a little more before we sell our coins if we want to get the best rates. Having another back up is still recommended other than Bitcoin investing. The one that you recommend there is nice and the OP might want to check it out.

As long as we still have the capacity to work, it's better if we continue so that we will have the money to buy more Bitcoins. We shouldn't limit ourselves if how much Bitcoin we will have but we should only think that the more the merrier.

I would say you should keep accumulating until you retire 😁.  Man is not always satisfied with money as long as there is always something generating money. 10 BTC and 100 ETH are good, but if I have the chance to accumulate, I will definitely keep accumulating until I retire. If I am able to retire with 100 BTC and 1000 ETH, then it's a good payoff for my retirement.

In 10 years one BTC may be equal to 10 today's Bitcoins in value. I'd say 2-3 BTCs will be enough for most people's retirement in 10 years. One BTC valued at $300,000 is very possible in 10 years so having $1,000,000 should be enough for anyone's retirement. I'm pretty confident BTC can reach the $1xx,xxx target in 1-2 years. After this, to the Moon!

Well, that depends on how luxurious you want your retirement to be! Do you envision a retirement filled with yachts, private jets, and caviar? In that case, I would say a lot! However, if you are happy living in a cardboard box and dining on canned beans, then maybe you will not need any BTC at all. ;D

Jokes aside, predicting the exact amount of BTC needed for retirement in 10 years can be quite challenging, as it depends on various factors such as the volatility of the market and your personal expenses. All I can suggest that it is never too early to start saving and investing for retirement to achieve financial security and peace of mind.

In my opinion, 10 bitcoins is a very large amount of money.... 

In 10 years, the capitalization of bitcoin will probably equal the capitalization of such a precious metal as gold.  Thus, the price of one bitcoin will exceed $500,000, and 10 bitcoins will cost more than $5,000,000 (and these are the most conservative estimates). 

This is a very solid capital for a person who no longer wants to work and wants to retire, buy a property by the sea, travel a lot, play sports and lead an active lifestyle.  At the same time, if you want to participate in political activities or do charity work, then, of course, this money will not be enough for you. 

Bitcoin has a fundamental value, it is the world's decentralized currency and a protocol for the transfer of value in the virtual space. 

Progress in the development of the virtual space, high inflation, the crisis of the modern financial system, the collapse of large banks, political instability - all these circumstances contribute to the rise in the price of bitcoin. 

Therefore, in fact, in 10 years, its price may not be $500,000, but much more (for example, $2,000,000 or $3,000,000).

I never said just invest or hold bitcoin or crypto without diversifying because we only talk about bitcoin, and I don't want to mention other assets. In investing, diversification is extremely important, IMO. Maybe I will offend some bitcoin fanatics, but just focusing all my assets on bitcoin and nothing else is the dumbest thinking I have ever seen. Not only bitcoin, if you invest in gold too, but you also need to diversify assets other than gold, nothing in this world is absolute.

In my opinion, no matter how much we buy bitcoin today to guarantee retirement, it is returned to lifestyle and needs, if for people who like glamor and always appear to exist with expensive things, of course, having 1000 bitcoins will not be enough and retire if you have style. life is more extravagant than what can not be imagined, in my opinion, it is necessary to adjust the calculations and budgeting requirements for retirement later and estimate the price of bitcoin as a straight line for preparing the budget for pension fund needs.
I understand that the price of bitcoin will increase in each cycle, but the price of bitcoin is also quite volatile, so it would be nice to also have other investments that provide passive income every month, even though not much is produced.

Many people prepare for their old age by investing now, that's a good idea in my opinion. However, we never know what will happen in the future because we cannot predict the future. Even bitcoin which is worth $28k today may not be worth the same price in 10 years so think wisely especially about investing.

I'm also thinking about investing in old age, but I don't just think of bitcoin as my only asset of choice. Gold and land and a few other options are also good alternatives to bitcoin, and with that I can also diversify risks. About bitcoin, I think 1-3 bitcoins is a good amount for long term investment after diversifying assets. But of course we've never had the financial power to own that much in assets, so in the end do it as much as you can afford, it's better than nothing.

If we take into consideration that btc will reach 1 million then you will need 3 btc for retirement this includes inflation of usd

Do not settle for anything less if you are still capable to add more to it. Just accumulate crypto whenever you can. However, do not forget that crypto does not give us guarantee that they will be forever be profitable and that their prices will always be on the rise. That’s why if we can also balance our fiat accumulation with crypto, that will make us more secured in our retirement days. We can also try to consider investing into different assets aside from crypto so that if one does not work well, our retirement will never be completely affected and ruined.

If you can earn more than that, then why not? The bigger the amount of your hodlings, the brighter and safer the future. But that is if crypto will never crash in the future, otherwise your whole retirement life will never be all worth it. That’s the reason why we should not only focus on crypto as we can also learn to invest with our legal tender. Just imagine, if both investments will succeed and prosper, you will eventually make the best of your retirement and even manage to help others even at your old age.

I would guess that around 1 BTC will be needed in the future (probably in the somewhat distant future of around 20-30 years from now) when the price of Bitcoin is over 1 million USD each. In fact, if you are happy with a 401k retirement, then half a Bitcoin would do just as nicely around that kind of price level.

However we do not know what tomorrow will bring. With the advancement of technology, especially AI, we might not need money in the future.

I am hoping for a Star-Trek kind of future. No more material needs, no more money, no more greed.

But perhaps I am being a bit too gullible about human nature... ::) ;D

You are not sure yet if these coins will continue to increase their price, so never limit the coins in your portfolio if you are seeing opportunities to earn. But always remember, never invest more than you can afford to lose especially in highly volatile coins. Instead, you can always try to diversify your investments with crypto and other investment assets so you can have more chances of earning and enjoy your retirement soon.

It's good to set a specific target and those target you have mentioned are pretty huge of a sum. However, if you've put enough money to your wallet and let's say you have accomplished the 10 Btc and 100ETH in just 5yrs before your retirement and then you stop from there, i think you're gonna be wasting time to add more fractions of Btc and ETH to your retirement fund.
I guess the best thing to do here is to try accumulate as much as you can until you have like 1 yr left before your retirement.

it looks like 10 BTC and 100ETH is enough to keep me alive during my retirement, but behind everything it takes accurate management so that btc doesn't run out quickly if it can keep spinning and even increase, that's what I still think about if I have btc savings as my retirement capital later

The answer will depend very heavily on several factors, like your age, life expectancy, number of family members which depend on you economically, your health, costs in your country, your expected lifestyle, inflation and the future movements on the price of bitcoin, so when you really think about you will notice it is kind of difficult to give a definite number, as 10 BTC is a good amount of money now and in the future, but for many people this is probably nowhere near enough to sustain them for that long.

The more the better right? If we do talk about realistically then i wont really be just focusing on BTC and ETH and other top altcoins if we do speak about sustaining on your retired life on which you are the ones with your wife would really be going along till the end of the years which means sustaining yourself and your wife would really be needing that long term and sustaining investment and i would really be considering in no doubt
when it comes to real estates too. As long my finances does permits then i would definitely be diversifying as much as i could because we dont know on what future holds and we dont
guarantee on where bitcoin would be ending up.

That's actually a good question. Correct me if I am from but you cannot get any dividend payments like with Coca-Cola stocks for example for BTC or ETH, right? So I am assuming you just need to calculate your annual expenses, then multiple by number of years you'd like to live and that's it. I personally also recommend to use BTC mixer whenever you send any crypto. A BTC mixer (for example ][banned mixer] (https://[banned mixer)), also known as a Bitcoin mixer or tumbler, is a tool used to enhance the privacy and anonymity of Bitcoin transactions. While it's true that Bitcoin is often considered pseudonymous rather than completely anonymous. Privacy Protection: Bitcoin transactions are recorded on a public ledger called the blockchain. Anyone can view these transactions, and with the right tools, it's possible to trace the flow of funds. A BTC mixer helps break this traceability, making it difficult for others to link your wallet to specific transactions.

It will really depend on where we live, how much we need in retirement, and what are the odds that will happen to us and us. If here, for me, with that amount is enough. Especially if this is prepared for my retirement. So, this will be a very sufficient amount for the old days. And it will be great to enjoy old age. However, of course everyone has different needs, so this may have an effect.

I don't really rely on bitcoins for my retirement because we never know what will happen to bitcoins in the future, all I do is try to keep collecting bitcoins as long as possible.
and if the future or the next 10 years bitcoin will be very expensive that's very good, and even though the future prospects of bitcoin will be bright but we have to think otherwise.
so the intent and purpose is only to collect as many bitcoins as possible for business capital, buying property or other things that can make money or add value and do it in stages when I get big profits from bitcoin. But that doesn't mean I don't continue to invest, as long as bitcoin is profitable I will continue to do it with other business goals.

Yes, it is not advisable to rely on a volatile and risky asset like bitcoin for retirement. Bitcoin is only suitable as an investment for us to increase our wealth. When making a lot of money from bitcoin investment, we should diversify into safer assets like gold, and real estate for retirement. Don't just focus on bitcoin, it's too risky.

But you never can predict what the future holds, so even holding and accumulating up to 10 BTC is still a bet because something unexpected could just occur and cause the price of Bitcoin to come crashing.

So the best bet now is to keep accumulating more and also have some personal account where your fiat is been kept also, it will be a risky game to just go all in on Bitcoin.

Now 2023
10 years later 2033

Now bitcoin price $28000(approx)
10 BTC = $280000
It is impossible to accurately predict what Bitcoin will actually do, but many experts believe that after 2030, Bitcoin will have a market cap of $500,000.
If it would possible then 10 BTC for retirement is highly enough.
10 btc will not be enough for retirement if the market price of bitcoin falls after 2030. But based on the competitive Bitcoin demand it is true that the market value of Bitcoin will increase a lot in the future.

Sounds like a good plan to me. I haven't really thought about using crypto currencies alone as my retirement money, but looking at the current values the money should be more than sufficient. Right now 10 BTC are worth around 280,000 USD, and 100 ETH are around 175,000 USD. That is more than enough for one person to live off in retirement. I read from some insurance sales person that you should try to accumulate around 300-400,000 USD for retirement. It of course depends a bit on if you own your own house or apartment where you can life rent free. Also with so much money in crypto currencies you will profit of any further increase in price, the long term trend for both BTC and ETH is positive and the prices should keep rising over the years. Once you turn 60 or 65 you wouldn't sell all your cryptos at once, you only sell a little bit every time you need money. So it could easily happen that the price is going to rise a lot in 10-20 years and will leave a lot of the coins behind for your children and grand children.

Investing in bitcoin is reasonable, at least from the point of view that bitcoin will be a good protection for your funds from inflation. If you just save and save dollars, then inflation in 10 years will eat a very significant part of your savings.

But this will not happen with bitcoin, and even if it does not become very expensive, you can still save all your capital safely and increase it anyway. It will be more reliable and more profitable than any bank deposit that gave you 1% per annum, but you understand that inflation will be much higher.

No one really knows. Optimists think that 1 btc will be enough. Pessimists will think that even 100 btc is not enough

While 10 BTC is currently a decent sum of money, chances are that with its current value, it's not enough to live comfortably for the rest of your life. Due to its volatility, it's unclear if it'll be enough to sustain yourself in 5, 10, or 20 years from now. Personally, I believe that analysis may be correct to some degree, but the markets are unpredictable, and anything negative (or positive) can occur at any possible time. While I also believe that in a few years from now, Bitcoin will be worth a lot more, I wouldn't take it for granted if you ask me.

It depends on where you live and how high or low the cost of living is. With the amount of bitcoin and ETH that OP mentioned, you are already a rich person in my country and don't need to work anymore. You will have more than enough energy to support your family as well as yourself for the rest of your life.

In fact, you need to build on how much money you need in order to achieve financial independence. Bitcoin can be one of the components in your investment portfolio to diversify your investments and feel more confident. And then everything is very individual, for someone a few hundred thousand dollars will be enough for a comfortable life, someone needs a million for this. A lot can change in ten years, but I think everyone will feel more confident if they have a few bitcoins in their wallet.

I think this question of whether 10 btc and 100 eth will be enough to retire in 10 years no one can really answer and me and everyone else in this thread can only guess as no one can say for sure what price btc and eth will have in 10 years. If everything goes well, in 10 years the prices will be much higher than today. But who can say today what will really be in 10 years? No one!

Maybe 1 BTC will cost over $1 million in 10 years, that can be. But what can $1 million buy in 10 years? Maybe less than today with $100k?! Therefore, we can all only guess if 10 btc and 100 eth is enough. Other factors also play an important role, such as the country you live in, how important luxury is to you, how many people you want to support with the money (big or small family), etc.

Therefore, everyone has to know for themselves how many btc and eth they want to save together. While I think 10 btc and 100 eth might be enough, that's just a guess.  ;)

The ultimate goal is to have enough savings for the future, now whether you plan to achieve that by saving up and holding Bitcoins or by investing your earned capital into other businesses to achieve your goal. Some people prefer the first option where they only accumulate and hold Bitcoins and other assets, while some like it more when the money is invested in real-world businesses like real estate, etc.

If I talk about my choice, I prefer both. I believe I should have some of my money in Bitcoin while part of it should be invested in real estate, maybe gold too, and any other business that I find profitable around where I live. That way, I will be profiting from Bitcoin in the long run if the price increases significantly, and I'll also have other sources if it doesn't go very well.

I think the statement that you convey is very true and I completely agree with you. at this time we may have faith in Bitcoin because indeed at this time we may have been helped a lot because of Bitcoin but we also have to think realistically because we cannot predict exactly what the future of Bitcoin will be.
we must be wise in managing our wealth and we must not only focus on only one way of investing. there are many other ways of investing, we also have to be smart to take advantage of opportunities in other investments as well so that if one of the methods of investment we make decreases in value, there are still reserves from other investments.
but apart from that, in my opinion, from our basic human nature, we will never feel enough when it comes to wealth, but all of this actually depends on what habits or lifestyle we have.

I will start by saying that's wise of you for having part of your wealth stored in bitcoin and also for choosing the cold storage wallet as exchanges could be messy at any given time. But nobody can be double sure of how much you would be needed for retirement, so gather up as much as you can and play your retirement well.

First I see you have a mindset that I think needs to be eliminated in a developed society. We are all born with rights and obligations to develop a better life right now. So I think many people set a material goal for themselves in the future to reach and think that is the end of each person, open your mind and accept new knowledge. You can be comfortable if you have no attachment to money, fame, the joys of a mediocre life, etc. So thinking how much is enough for others will never be true to your own, and don't look too far, just like thinking about you will surely die, money to make you happy is just a pile of paper.

You can make purchases whenever you want, no one can say for sure how many assets we should provide for retirement, because price fluctuations make bitcoin go up and down under certain conditions, If you start buying bitcoins slowly and keep increasing your investment, then in the long run this pattern is the best choice.

Enough or not is actually relative, for some people 5 BTC and half of 100 ETH is far enough, but if you compare it with other people it is not necessarily enough with the calculation of the needs and income of different people.

It will be very difficult to stop when people are already benefiting from investing in bitcoin and there is no point in you setting sufficient standards for the investment targets you want to achieve, a systematic value and you can add more assets if you have the opportunity, whereas if you stop it will only be enjoy the results that are already there.

The amount varies depending on what kind of source of income you have in your account or what kind of job you have. also, the amount will depend on wherever part of the world you are living in because there are some countries where you don't need to save huge amounts of cash in order o survive for the next 50 years. As for me, I think whenever you have spare money after you spend it on your essential needs, you should buy bitcoins instead of spending it on your hobbies because in this way, you're not only saving it for the future but you also help the bitcoin market to grow.

For us humans, no number is sufficient. So it’s clear that no one can give you an exact number that, how many Bitcoins are sufficient. The thing that matters is that, how you gonna spend your retirement life. If you want to spend the life luxuriously , then definitely you shouldn’t stop accumulating the Bitcoins. If I suggest you, the you shouldn’t ask for a number. You should invest at least 30% of your earnings regularly till you retire. I hope the amount you will get till 2032 will be sufficient then only.

I mean if 10 BTC and 100 ETH is enough for you to sustain your everyday needs and some wants, then definitely that would be enough to retire at your projected date and year.

But we are here to gather as much as profits as we can and not just counting how many bitcoins and eth we acquired throughout the time, and the price, that too is a factor because if bitcoin is moving at a price range of $20k to $30k, then your 10 bitcoins won't be enough to sustain your retirement years. You needed at least 6 digits before you start considering retiring but for now, let's just focus on acquiring as much as we can.

We should accumulate according to each person's ability and need, but the more money the happier. Whether you live in a developed country or in a third world, the more money you have, the more comfortable your life will be. You are right that only your leftovers or cold money should be used to buy bitcoins in retirement, but don't put it all into bitcoin because we still don't know what will happen to bitcoin in the future. Diversify other assets to secure your future.

Looking at the current value of BTC I think it is not necessary to hold too much to have a comfortable life. I'm not sure each person's conditions and opportunities make it possible for them to accumulate 1-2 btc, but with that amount I think it will be enough to spend for life as well as be satisfied with other matters. I live in a place where I think if someone has 2btc then that person is really rich here, and with a little careful calculation I can see that money can live a whole life without to work.

That's a fair amount to hold and if someone has that at the moment and keep on holding them, they can retire early to escape the 9-5 struggle. Let say you hold for a next 2 bull run and by then Bitcoin is now trading at $300k and Ethereum at $30k, that means you're 10 Bitcoin and 100 ETH will be worth $3m in Bitcoin and and $3m as well Ethereum.
That means you'll be having a combined total of $6m which is quite a lot, you're become a Millionaire and you can retire from your 9-5 to focus fully on investing and living like everyday is a vacation. Retiring means you'll stop working. Never think retiring means you'll stop investing as the moment you stop, you'll go broke like everyone else.
Two extra bullrun are 8 years cycle so it fits into your ten years plans for retirement which means if you own those now, you can retire in 10 years time presuming the market keeps on increasing.

Well, to be honest, all investments are risky and not just cryptocurrencies alone. Other investments such as stock, real estate, bonds, and etc. have their own risks but I do really agree with diversifying the funds in all sorts of investments you wanted to pour on so that the risks aren't that big compared if you just pour all your spare funds into one investment.

And to answer OP's question about how many btc needed to retire in 2032. I think that question really depends individually because we all have our own differences like what's our retirement plan and what should we do. Even if living a simple life still mean that we should accumulate a lot of bitcoins in the first place because we don't know what the future will give to us, it's much better to be prepared and to have extra funds waiting for our disposal.