How many bitcoins do I need to retire in 20 years?

[n0ne]

100 btc will take care of me in my retirement age, as I am also considering the rate of inflation after 20 years as I am pretty sure that inflation would be at its peak after 20 years, so its better to hold some more number of coins.

That is true...100 bitcoin is really enough in our retirement..besides, our pensions would also be sustaining us aside from our earnings from bitcoin... 

Yeah, great amount to hold at the time of retirement, as we would also get some benefits after retiring from the job, and bitcoin can be good extra income to hold.

[1714692606]

1714692606

[jokerrj]

100 btc will take care of me in my retirement age, as I am also considering the rate of inflation after 20 years as I am pretty sure that inflation would be at its peak after 20 years, so its better to hold some more number of coins.

That is true...100 bitcoin is really enough in our retirement..besides, our pensions would also be sustaining us aside from our earnings from bitcoin... 

Yeah, great amount to hold at the time of retirement, as we would also get some benefits after retiring from the job, and bitcoin can be good extra income to hold.

But we are not sure whether 100 btc will be enough or not as we are not aware what would be the value of bitcoins after 20 years, whether it will be alive or not till then, time to think.

[KiwiParty]

How many BTC?

You would need around 3000 now. At $400 each, which would make 1.2 Million Dollars, perhaps even exchangeable.

To assume a BTC would be worth more than 1-2k dollars in 20 years is pure dreaming. No one knows.
But considering the demand for BTC would grow about 500% in the next 2 yrs, this is 5 times as much as today,
the price would definitely go beyond 1000 dollars.
The requirements for this to happen are harsh, you have to make BTC more accesible and attractive.
Thats a lot of work. This is how its value is increased as well, the more work is invested for making BTC accessible.
Not everyone is a geek, not everyone has a computer, smart phone, not everyone is interested.
Though, considering everyone would have the possiblity to trade with BTC, still there are others,
which you will need, in order to trade with BTC.
So, hardware manufacturers, its a digital currency and you need a computer.
More important, the internet relies on huge power plants owned by companies, rich companies.
They will get their share before you'll be able to get rich with a dozen BTC.

But yes, keep on dreaming, thats what the vultures above you can't do.

[kartaggen]

May be 200 btc would be enough to have good and luxurious life, as cannot predict the value of bitcoin, but its always better to hold extra buffer stock so even if the value is not too high, it can take care of us.

[goinmerry]

May be 200 btc would be enough to have good and luxurious life, as cannot predict the value of bitcoin, but its always better to hold extra buffer stock so even if the value is not too high, it can take care of us.

There are 25 Million bitcoins that will be mined. Hmm so 200 is just a dot for that many bitcoin. I will get the 500 Bitcoin cut if you dont mind.  Then I can retire someday with a big smile and a watermelon juice in a good sunrise in Hawaii.

[master sato]

May be 200 btc would be enough to have good and luxurious life, as cannot predict the value of bitcoin, but its always better to hold extra buffer stock so even if the value is not too high, it can take care of us.

There are 25 Million bitcoins that will be mined. Hmm so 200 is just a dot for that many bitcoin. I will get the 500 Bitcoin cut if you dont mind.  Then I can retire someday with a big smile and a watermelon juice in a good sunrise in Hawaii.

I think you should correct your facts cause the max supply of bitcoin is 21 million.However,how much 200 is in compression to the max supply is not necessary but how much they would be worth at some point in future.
Your speculation of 200 or 500 might be sufficient for people living in less expensive or way low living standard countries.

[Dux2K]

The more you mine or buy or trade and the more you can save the better it will be

[Xsinx]

it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country

[Mr. Big]

it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country

That is true,, a 100k USD worth of bitcoin is big enought in where I live,, it might not be enough for others, might also depends upon the persons lifestyle.. 

[Bazelak]

it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country

I think $100k is achievable if bitcoin becomes a reserve currency and used widely. So 20 bitcoin will make our life happy.

[elloco4ever]

it really depends on what country you want to retire. but 100K USD worth of btc is more than enough to live a normal retirement life in some country

I think $100k is achievable if bitcoin becomes a reserve currency and used widely. So 20 bitcoin will make our life happy.

But bitcoin will not become reserve currency because if it happens banks will become meaningless

[ctlaltdefeat]

Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund.  Live comfortably, but don't need to buy a yacht or anything.  How many do you think I would need to buy?

20 years?i can't answer how much you need,because i dont know how bitcoin condition on that year,how about the price,how about world situation,too complicated.

[azguard]

if everything goes well i would be happy with 100 BTC but if there is more i will be happy
anyway the more we can safe the better will be

[Pitchblackroom]

I would say 50-100 Bitcoin looks like a very safe bet, really depends on how the market looks in 20 years.

[Bazelak]

I would say 50-100 Bitcoin looks like a very safe bet, really depends on how the market looks in 20 years.

100 bitcoin will be more than enough. I think the price of bitcoin will be at least $20,000 in 20 years.

[socks435]

I think 50 btc is enough for me because in my country if i exchange it into fiat here in my country i will be a millionaire and i can start a business with this money... So i will be retire in my job if i had it.. But for now i need more time and i need more bitcoins to collect.. after having more bitcoin in my wallet i will buy a newborn hardware asic miner that can be profitable here in my country to collect more bitcoins..

[Betwrong]

I would say 50-100 Bitcoin looks like a very safe bet, really depends on how the market looks in 20 years.

100 bitcoin will be more than enough. I think the price of bitcoin will be at least $20,000 in 20 years.

Of course we can't be 100% sure but I also think that in 20 years Bitcoin will be somewhere between $10,000 and $20,000 per coin. And of course we don't say that the price will be so high because of inflation, we mean Dollar as it is today, with its today's purchasing power.

[nanonymousx]

You probably need around 2,000 or 3,000 coins with the price not moving forward massively "although you can never predict the money price with bitcoins" and if you are living in a first world country.

[blackbird307]

One bitcoin a day keeps the doctor away. So you know - as many as you can get your hands on.

[wikenpp]

I think you will need a lot of Bitcoins. More then 50 I think. Bitcoin is difficult to excpect what the value will be after 1 week.
It is hard to predict. So I dont think that you must live only with bitcoins, its better if you have a job.