Many people wonder how much Bitcoin they need to live off for the rest of their lives. How can you determine this? There are models to predict how much money you need to retire. These are fairly good statistical predictions for the amount needed to stop working. We will use these to determine how much Bitcoin you need for that.
How Much Bitcoin Do You Need Per Country? #
Every country has different economic conditions. In one country, a beer costs 25 euro cents, in another 5 euros. That makes a big difference when you want to retire. In the first country, you need much less Bitcoin to enjoy the rest of your life. A post on X by Sminston With has garnered over 300,000 views. In this post, he addresses how much Bitcoin you need to retire in 96 countries. He categorizes this by country, retirement year, and the Bitcoin Stock-to-Flow model, which predicts Bitcoin’s future price trajectory. He has created charts per country and year, showing how much Bitcoin you need. We’ll show one for 2035.
As you can see, in the most expensive countries, you need much more Bitcoin to retire in 2035. This post also includes the amounts needed for retirement in 2025, 2045, and 2055. For example, if you want to retire in Monaco now, you’ll need about 10 Bitcoin to cover your expenses for the rest of your life. If you do that in 2055, you’ll only need 1 Bitcoin according to this post.
With’s Calculation Method #
His model is based on the average income level per country. He uses an inflation rate of 7% per year, guided by the increase in the total global money supply (M2). He uses the Bitcoin Stock-to-Flow model to predict the price of Bitcoin. This model uses the known expansion of the Bitcoin in circulation as a guide for future prices. The model calculates how much Bitcoin you need if you live to 100 years old, which is a very generous estimate. The ages calculated range from 5 to 75 years old.
Accumulating Bitcoin #
Accumulating Bitcoin now can secure your retirement in the future. However, it should be noted that the Stock-to-Flow model is not a guarantee and this is not financial advice. But it does give food for thought. Anyone who starts accumulating Bitcoin today, perhaps gradually through Dollar Cost Averaging, could benefit greatly in the future. You can even accumulate Bitcoin in a high-wage country and then move to a cheaper country with your Bitcoin. There is no guarantee that this plan will work, but if you accumulate nothing, you are certain to end up empty-handed.
Calculate It Yourself #
You can also calculate how much Bitcoin you need to be financially independent until your 100th year. To do this, calculate your annual expenses, taking into account the average inflation per year. Then, look at what price Bitcoin is expected to have in the future according to models. With this calculation method, you won’t be able to calculate an exact amount of Bitcoin, but you will have a good indication. If you accumulate more than you need, you can get close to your target number. But don’t forget that you also have to spend Bitcoin to cover your living expenses.