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ForrestHODL 1mo ago 💬 4

Ever wonder how many Bitcoin you need to retire on?

This calculator that a contributor to pleb tools created allows you to create scenarios based on Bitcoins price on retirement, Annual gain of Bitcoin, annual cost of living increase, and how much bitcoin you would like to pass on.

It then tells you how many Bitcoin you would need.

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Discussion

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GJM 1mo ago 💬 1

There is a mention of “compounding” in this persons model. I would love to know what is meant by referring to it. As far as I can tell the is no compounding mechanism affecting bitcoins price.

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ForrestHODL 1mo ago

Yeah that term is probably not well placed there. I'll adjust it.

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Furious Honey Badger ⚡️ 1mo ago

Interesting

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Sats and Sunsets 1mo ago 💬 1

The one thing that stumped me is trying to guess what the price is going to be at retirement. Maybe the field could be auto filled with a price depending on what growth rate you choose instead of todays price?

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ForrestHODL 1mo ago

That's a good idea