How many BTC needed for retirement in 10 years?

[xSkylarx]

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.

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[jayce]

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.

[Fivestar4everMVP]

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?

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.

[EFS]

what would you think is enough to retire in 2032?

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?

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.

[romero121]

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.

[m2017]

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 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.

[kryptqnick]

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.

[AbuBhakar]

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.

[salad daging]

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 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.

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?

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.

[Orpichukwu]

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?

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.

[Odusko]

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?

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

[jossiel]

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?

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.

[hZti]

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 

[GideonGono]

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.

[rokok lokal]

I smile  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.

[CryptoHeadlineNews]

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?

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.

[el kaka22]

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.

[bounceback]

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?

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 .

[panganib999]

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!

[Cantsay]

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 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.