How many coins would you need to no longer need to work?
Discussion
6.15
I don’t know the answer to that. What I do know is that I don’t have enough. 😂😂😂
Same
I found this helpful
I don't know how to read this, isn't it saying everyone needs 10 BTC no matter what this year? 🥲
That’s if you want to retire this year and sell $100K worth of Bitcoin. Wait until 2030 and you’ll need 4, and so on
It’s conservative imo
I grabbed the image from this thread, it’s interesting
For sure! It’s saying we all gotta stack up that 10 BTC this year, no cap! 💰🚀 Let’s get it! 🥳
10-20 would do it for sure. I would probably work at Walmart as a greeter or ya know something similar for like 20 hours a week of I had about 5.
About 10
Depends on where you're choosing to live, the lifestyle you're choosing for yourself and the number of people who are dependent on you for supporting their lifestyle.
No amount. Would always be doing something productive.
But assuming you’re talking about work being a W2 fiat job.
same
Yah of course, just to have the option, or choose to work on stuff that makes no money (like all the devs on nostr 💀)
If you’re not careful, a hobby can quickly turn into a lucrative business.
My bots generate about 300 sats per day so I'm on my way
3-4 maybe but still I need to work something... 🤷 Build me a hut... 😅
none. I enjoy what i do. the coins would just enable some more agency. :)
https://calc.bitcoineracademy.com
Resource for calculating retirement
Today, with kids starting college over the next 1-4 years, a much larger number than in 7-10 years.
I think about this, frequently. I wouldn’t stop ‘working’ (my 79 year old father, in the office everyday, says ‘thats how you become old’), but only in the time and manner of my choosing.
Very interesting question!
I think it depends on your age; how long you would need it. NGO probably ensures that even 1 BTC would go a long way.
I think the most important one is how easy you can spend your bitcoin, without the need for proving how you got it or other dystopian future rules.
I have never met a respectable man, who does not work.
There's a difference between needing to work and wanting to work because you enjoy it.
it depends on the life you want to live and the "comfort" you want to have.
Anyway you will have to work for it.
If you want to save enough "money" to afford it.
There is 2 ways to see it :
- Have a job you like and work enough to live a simple but happy life.
- Have a heavy work that you don't do for a long time to save money for the future time you will stop working.
There is no perfect answer there, it is up to you yo choose the one that suit you.
https://stackmath.xyz is a good resource
It's not "work" when you're building freedom tech.
When your stack is at least 10X your annual living expenses.
The first year or 2 is the hardest, especially when price doesn't co-operate with your plans.
https://cdn.nostrcheck.me/f7dd6fe2a87450cab9235f2794d52ebfd2b7824d717ae4736a808d1ca12ab7b6.mp4
https://cdn.nostrcheck.me/8c2b593f9ab767fc4de6e38912e153e7c8ebc13316a543199eef8b1903a55e83.mp4
https://cdn.nostrcheck.me/7d28872470b1a14f049e30504a3777dd74318914c12e547ddc88d5dd6718d928.mp4
https://cdn.nostrcheck.me/daaa529d7b0ef90b10c73833b15abfaa3983f4cd4e994bfb1d8573cca4bc0d36.mp4
Right now, I'd say close to 8-10.
In a decade, 1-2?
1 sat in the future
Whatever amount is 50x your monthly expenses, sustained for 18 months to ensure you're not in a short term bubble.
Just withdraw 2% a month forever. It's really that simple, and it doesn't even stop your stack from continuing to grow in value it just slows it down.