Subnostr

Honest question: #asknostr

How much Bitcoin and traditional finance stuff do you think you would need to actually retire and live off of i.e. FIRE

The old 4% rule doesn't seem to apply to Bitcoin and really fiat too, for that matter, if we assume higher than average inflation in the future.

Using the average Bitcoin CAGR of roughly 70% doesn't seem sound because we know there will be down years and boom years?

Depends on what age you want to retire early and how old you are now.

10 years from now, you would need 2million of you had Bitcoin and figured living in 8% in interest on that every year after.

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That's around 100k a year in interest adjusted for annual inflation of 4.1%

Actual would be 160k with 100k current purchase power

Assuming Bitcoin grows on average 25% a year