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

[azguard]

Real question is how many on which price current or some bigger speculated or even less then this one is.

[tatu]

It's almost impossible to answer this question for a multitude of reasons, but I'm attempting to get my total bitcoin holdings to 100 coins to save for the future and I'm almost half way there. Not expecting to get rich from them or anything but I think its a nice amount to have. I would certainly like to actually spend the coins in the future rather than cash them out as well so hopefully the appropriate merchants and infrastructure will be there in the future for me to do so.

[anderson00673]

This is an impossible question.  I would say not many because the value should go way up.  But it could go down to nothing as well.  I dont think it is likely but the point is tha tyou should never put all of your eggs in one basket especially where retirement is concerned.

[Fabrizio89]

Probably more than will ever exist. Advancements in technology will be so quick and unpredictable by that time that thinking Bitcoin will be around for sure is a foolish thought. It could, but betting your retirement on it is surely not advisable.

[BTCevo]

People never satisfied what they have now and will have it more and more before they collapse. If there are still many of this coins I dont think they will stop and retire in 20 years more. Money will never end anyway. What do I know is people will stop earn in when bitcoin is start to vanish in this world and I dont know when will that time is may be in 10 years later or next 20 years who know what will happen until that time come

[thejaytiesto]

People never satisfied what they have now and will have it more and more before they collapse. If there are still many of this coins I dont think they will stop and retire in 20 years more. Money will never end anyway. What do I know is people will stop earn in when bitcoin is start to vanish in this world and I dont know when will that time is may be in 10 years later or next 20 years who know what will happen until that time come

Nothing points to Bitcoin disappearing in the next 10-20 years, all the fundamental dangerous catastrophic bugs have been already solved, bugs that could arise form now on could be superficial bugs, it would never have an impact on past transactions which is the dangerous shit.

[Clint]

Get 20 BTC Wait till it goes up in the market and you'll be able to retire no problem

[Amph]

Get 20 BTC Wait till it goes up in the market and you'll be able to retire no problem

20 are a bit too low, i would say get 100, then wait for 10k price and you will be able to retire securely, with 20 you need something like 50k per coins(a bit too pretentious if you ask me), or 25k, assuming that one needs at least $1M to retire(usually this is a good amount for everyone)

[WhatTheGox]

10 bitcoins looks nice.

Im hoping to always have at least 10 bitcoins for longer term 5 years+.  Any other coins will be real hard to sell if we hit many thousand per coin. Its really hard to answer the Question though OP.  Right now though most people should be able to afford to hold say 2 bitcoins.

[arallmuus]

Get 20 BTC Wait till it goes up in the market and you'll be able to retire no problem

If you have 20 of it then it will be better if you convert it to FIAT instead because there is a chance that BTC could be worthless while you already retire

then wait for 10k price and you will be able to retire securely

This is a bit delusional and quite unrealistic, you are probably be dead by the time BTC ever reach that value. Basically that value could be well reach only if the entire supply are mine plus a worldwide adoption and that would take about 100+ years from now just to mine the entire supply or that BTC could be worthless by the time you are still waiting for this $10k

[futureofbitcoin]

Get 20 BTC Wait till it goes up in the market and you'll be able to retire no problem

If you have 20 of it then it will be better if you convert it to FIAT instead because there is a chance that BTC could be worthless while you already retire

then wait for 10k price and you will be able to retire securely

This is a bit delusional and quite unrealistic, you are probably be dead by the time BTC ever reach that value. Basically that value could be well reach only if the entire supply are mine plus a worldwide adoption and that would take about 100+ years from now just to mine the entire supply or that BTC could be worthless by the time you are still waiting for this $10k

that lack of logic there... and you're calling other people delusional....

[ThEmporium]

To be safe, get two Bitcoins.

Just two bitcoins, I don't think it will work out, the more higher is great. Though something like waiting to get after 20 years, is not a serious thought according to me, since in span of 20 years, who knows so many thing would happen or not, things changes, so digital world would also change, thoughts and ideas will be different, Investing is better than savings.

[BillyBobZorton]

Get 20 BTC Wait till it goes up in the market and you'll be able to retire no problem

20 are a bit too low, i would say get 100, then wait for 10k price and you will be able to retire securely, with 20 you need something like 50k per coins(a bit too pretentious if you ask me), or 25k, assuming that one needs at least $1M to retire(usually this is a good amount for everyone)

$1M is a good estimate, but only if you are living in affordable places, if you are in like Toronto, then that million goes away fast if you are not working. You also have to take taxes into account.. how much that $1M will be after taxes? will the interest be enough and are you going to really keep all of that on a bank and 0 on BTC?

[mrhelpful]

Well the price has been holding for the last month in the $200 now. So if it stays that for the entire year or increases, you wont have to worry about food cost lol.

As for retirement though, thats such a huge gamble, since price flexs all daily. I`d expect to still work, but not as hard for the 20 years.

[techgeek]

Some of you guys say you only need 20 lol.

I say youd need a minimum of like 100-200 incase of the price flux, or other events so despite all those things youd be still good.

[Xenoph0bia]

i want to spend my retired days with luxury thats why i am investing my present time to earn good bitcoins and 2 bitcoins is not enough for me ! i think i need  more than 1k  bitcoin in my account then my all dreams become true   

Same here. But it totally depends upon the life style and the standard of living of an individual as it varies from each other so If you are looking for some lavish lifestyle after getting retire then I believe an individual should atleast hold around 2k bitcoins and then dreams will follow..

[BitmoreCoin]

i want to spend my retired days with luxury thats why i am investing my present time to earn good bitcoins and 2 bitcoins is not enough for me ! i think i need  more than 1k  bitcoin in my account then my all dreams become true   

Same here. But it totally depends upon the life style and the standard of living of an individual as it varies from each other so If you are looking for some lavish lifestyle after getting retire then I believe an individual should atleast hold around 2k bitcoins and then dreams will follow..

100 BTC is enough for a luxury retirement life.

[azguard]

i want to spend my retired days with luxury thats why i am investing my present time to earn good bitcoins and 2 bitcoins is not enough for me ! i think i need  more than 1k  bitcoin in my account then my all dreams become true   

Same here. But it totally depends upon the life style and the standard of living of an individual as it varies from each other so If you are looking for some lavish lifestyle after getting retire then I believe an individual should atleast hold around 2k bitcoins and then dreams will follow..

100 BTC is enough for a luxury retirement life.

With current price its not enough but if price goes up ass expected then is reasonable amount of btc in account. Off course it can easily happen for price to go bottom ass well.

[oblivi]

i want to spend my retired days with luxury thats why i am investing my present time to earn good bitcoins and 2 bitcoins is not enough for me ! i think i need  more than 1k  bitcoin in my account then my all dreams become true   

Same here. But it totally depends upon the life style and the standard of living of an individual as it varies from each other so If you are looking for some lavish lifestyle after getting retire then I believe an individual should atleast hold around 2k bitcoins and then dreams will follow..

100 BTC is enough for a luxury retirement life.

You would need a price of 10.000 USD per coin to reach 1MM. Bitcoin could reach that price during a bubble in the future, but it would be a temporal one, so you would need to risk it an sell it all thinking 10.000 is the bubble's peak, but with Bitcoin you never know and you might be missing on mayor gains way beyond 10K.
1 million dollars will not give anyone a luxury lifestyle anyway tho.

[gentlemand]

You would need a price of 10.000 USD per coin to reach 1MM. Bitcoin could reach that price during a bubble in the future, but it would be a temporal one, so you would need to risk it an sell it all thinking 10.000 is the bubble's peak, but with Bitcoin you never know and you might be missing on mayor gains way beyond 10K.
1 million dollars will not give anyone a luxury lifestyle anyway tho.

Preventing starvation in old age is more important than luxury. A million dollars doesn't go far over what might be another 20-30 years but if you're careful you could stretch that out to provide relative comfort.