Survey : How much btc do you need for retirement?

[terrific]

1 BTC with a price of $1M shall be enough for retirement for me. 10 BTC is no doubt realistic nowadays, it's kind of hard for an individual to acquire that much anymore. But with all means and possibilities, there is no problem for someone who's determined. There are investors that are capable of it and I'd like to congratulate the forum members that holds more than 10 BTC or even those that owns 1 BTC, you're all legends. You've held for so long and I hope that all of you will be able to hold longer until it reaches a certain price that you're comfortable of having it as a retirement.

[EFS]

If we talk about the current price, at least $1 million is necessary to retire and live comfortably. That's why I picked 10 BTC in the poll. 1 BTC is too little, you can't take care of yourself and your family for a lifetime with $100k. On the other hand, 100 BTC is too much. We are talking about the minimum amount. The only reasonable option in the poll is 10 BTC. I believe $1 million is enough to retire anywhere in the world.

[Davidvictorson]

10 Bitcoins is a high goal but that's would I'd need for retirement and to also leave as an inheritance for my kids and grandkids. I would never want them to work a day in their life for money. Rather, I would want them to focus on areas of their life where they are passionate about. We work so long for money (35 years) only to retire and can't afford to spend the money we worked so long and hard for because we are tired and not as energetic as we used to be.

[moneystery]

each person may have a different number on how many bitcoins are enough for their retirement, maybe some only need 1, 5, or maybe 10 bitcoins. for me personally, 3 bitcoins are enough for my future retirement. i don't have a hedonistic lifestyle, i also don't have the habit of wasting money, and other things where i need a lot of bitcoins to be 'enough' for my future retirement. so 3 bitcoins are enough i think,

[Die_empty]

Do you think this is an achievable goal?

I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.

Ten Bitcoin would also be enough for me to retire and work just for fun and not for money. With this amount, I can build a good house for my family, so that we will stop paying high rents. With some part of the funds, I can set up education savings for my children's education to the master's degree level. I will also be able to invest in other businesses that will be bringing constant returns. I will continue to live a modest life because spending too much on luxury can make you go broke no matter the amount you have acquired.         

[LogitechMouse]

Re: Survey : How much btc do you need for retirement?

I voted for 10 BTC, but if I'll consider retiring now, I think 1 BTC should be enough.
Of course, after I retire, I will not use that 1 BTC to pay my monthly expenses, but I will use that 1 BTC to buy some assets that can give me monthly passive income and that will be the one that I'm using to pay my bills and everything.

Investing into Blue Chip stocks that would give me monthly dividends, investing into property that would give me rental income, and holding some staking altcoins maybe (a small portion). That's where 1 BTC will go, and in a 3rd world country like ours, 1 BTC is already a huge amount. I voted for 10 BTC though just in case something goes wrong with Bitcoin (like it went down significantly).

In my current way of living, 1 BTC I think is achievable although it will take more time to achieve that. 10 BTC is impossible unless I'm lucky enough to earn get some money (either profits from trading, or airdrops).

[tread93]

Depending on your age, the size of your family, inflation, the country you live in and, of course, without knowing what the btc will worth in 10, 20 or 30 years, how many btc do you estimate you'll need to secure your retirement without the help of the state, private insurance or your family?

Do you think this is an achievable goal?

I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.

10 Bitcoins is a good number. I think that would be incredible if I could hop back in a time machine and scoop those up! hahah. JK anything is possible. Do I think that I can earn the equivalent of 10 bitcoins? Yes I do, although it would be the result of much success for me. 10 Bitcoins would put my family and I in the position of fuck you for quite a while, thats 1 million!

[BALIK]

When it comes to retirement planning, I don't think it's a wise idea to put all your assets into a single asset. Instead, I would look to diversify my assets, not just focus on a single asset, including bitcoin. So if calculated at the current price, I think 1BTC is enough or maybe less if the bitcoin price continues to increase in the future, the rest I will diversify into other assets to ensure.

Honestly, I like investing in bitcoin/crypto because they can give me significant returns compared to other investments. But for retirement assets, I will limit my holdings to highly volatile assets to minimize risk and secure my retirement plan.

[michellee]

Maybe less than 5 Bitcoin but more than 1 Bitcoin for me to retirement. That Bitcoin amount will be enough to pass my day without a problem. But I want to have more than 10 Bitcoin so I will not have to worry with my children lives because they can use that Bitcoin properly.

Besides of having Bitcoin, I will leave some businesses for my children so they can running that business and grow it to many places. That will help them to survive in the future without having a problem. If I can achieve my goals, I can stand with my own foot without expecting the help from the government because they are too late to give that to their people.

[Dr.Bitcoin_Strange]

Even if I got like 2-3 Bitcoin, I am sure that it would do me for my retirement because I would only need 1 Bitcoin to archive a few deals I have been wanting to do, after which, the remaining Bitcoin would just be there for the next 20 years without me having to sell it for any reason. If perhaps I even get like 3 Bitcoins for retirement, it would likely be passed unto my kids.

[bettercrypto]

Depending on your age, the size of your family, inflation, the country you live in and, of course, without knowing what the btc will worth in 10, 20 or 30 years, how many btc do you estimate you'll need to secure your retirement without the help of the state, private insurance or your family?

Do you think this is an achievable goal?

I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.

Of course, if you can afford at least 1 bitcoin, that's probably enough for you to hold it for 10 years from now. This is if you're going to retire now. But if your income is high and you're capable of buying more than 1 bitcoin, that's even better.

Therefore, it probably depends on the capability of your salary as an employee in a private or government agency, that's probably how easy it is to understand.

[Becassine]

But in your respective countries, will it be possible to pay in btc or withdraw your funds without problems? Will you have no problems with your bank, or even with the tax authorities? I mean, how complicated is it to declare capital gains?

[Pi-network314159]

I wouldn't be that greedy to chose 100 or 10 BTC when there is no possibility to acquire it. I chose BTC1 because If I chose 10btc then I would be greedy when I don't have money to afford it like I said earlier. Even the 1 BTC is under probability. The fact remains that as years passes by so is BTC price keep increasing, and it becomes harder to achieve a tangible amount as time goes on. If I have my way or fund to aquire enough then 1 to 10 would be enough but if ther is no money even 0.1 will even be hard to achieve in the nest 5 years to come.

[Jawhead999]

It's a bit ironic to read the posts in this thread, like people said 10 BTC are enough for them to retire, but then they said they will sell the coins to buy stocks which gives return to hedge against inflation and earn dividend to be use for paying monthly bills. Or sell the coins to start/invest in a business in order to earn cash flow.

If you sell your coins, it means you didn't own the whole coins anymore.

I have no specific amount of Bitcoin to make me retire because I choose to never retire.

[Obim34]

In my imagination 10 BTC will i prefer to have accumulated before my retirement.

As of now we are still yet to make an ATH, current price of Bitcoin equivalent to my countries fiat.
1   Bitcoin = NGN 158,925,789
10 Bitcoin = NGN 1, 589, 257, 890

I know am still young to have make millions before i get completely aged which i can also use to fund my investment portfolio, the reality i believe i can own someday accumulate is 1 Bitcoin (more if i get filthy rich) but 10 Bitcoin is out the league knowing as times passes, Bitcoin will also be increasing in value.

[NotATether]

The problem with these type of polls is that Bitcoin could go up by 5x in a few years and then your forecasts will be completely off. Imagine if you started this poll in February 2015. They'd probably tell you you'd need a thousand bitcoins for retirement.

[Becassine]

The problem with these type of polls is that Bitcoin could go up by 5x in a few years and then your forecasts will be completely off. Imagine if you started this poll in February 2015. They'd probably tell you you'd need a thousand bitcoins for retirement.

That's exactly why I finally did a "clever" calculation to see roughly how much  a single person will need over 20 years (in France). These calculations may be interesting to look at when we have some hindsight on the price of bitcoin in a few years' time.

[dansus021]

Do you think this is an achievable goal?

I'd like to have 10, but I know that's impossible, even if I have no idea what the btc will be in 10 or 20 years.

How much btc do you need for retirement? 1 bitcoin is actually enough for me to do a retirement but it would be great and you can Enjoy life if I have more than 1 bitcoin.

1 bitcoin 100K price with 4% return if we stake on defi platfrom would give us liveable choice here in indonesia for single person so if you have 5 that would be support your wife and kids as long the interest rate and the price stay the same

[GxSTxV]

For me, 10 BTC is more than enough to retire early, especially considering its value in my region. Right now, that amount is already considered significant wealth and I strongly believe Bitcoin’s price will continue to pump over the next years.
While no one can predict its exact value in 10, 20, or 30 years, history has shown that Bitcoin tends to appreciate over time. Of course, factors like inflation, living costs, and unexpected financial needs play a role, but with 10 BTC I would feel secure just holding and letting it grow.

It’s an achievable goal if one starts accumulating early stays patient, and trusts in Bitcoin’s long term potential. However, I also believe that greed will play a big roll here, if you said 10 Bitcoin is enough, once you achieve that level, you would want more of that.

[Asiska02]

Bitcoin price is unknown and no one can tell exactly how the market will react to some certain situations in the future. Bitcoin is an unpredictable but yet investable asset that is very volatile and very valuable to us humans. Those that have embraced it have seen the benefits of it and are very excited and confident in its development overtime.

Bitcoin is such a currency that we can not say for sure what the price of it will be in the future, but with the remarkable achievements it has shown over the years, it is most likely that we will see it been a dependable source of passive income for those that invest in it. If I can own 10 bitcoins at even the current price of bitcoin and inflation value, I already have my retirement savings fully activated.