How many BTC needed for retirement in 10 years?

[yazher]

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.

[1715173383]

1715173383

[1715173383]

1715173383

[Nrcewker]

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?

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.

[Japinat]

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?

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.

[laurenB7742]

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.

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.

[bluebit25]

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.

[QueenVera]

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?

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.

[Maslate]

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.

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.

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.