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The most fiat brained BS nonsense imaginable 🤡🤡🤡
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Hey, great info. I'm aware of the 4% rule, however, I feel like it's losing its meaning since the inflation is high.
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The most fiat brained BS nonsense imaginable 🤡🤡🤡
Hey, great info. I'm aware of the 4% rule, however, I feel like it's losing its meaning since the inflation is high.
There is a calculation like this:
If you need 100.000 usd per year you need to multiply it by 25. So 2.5 million. The 25 is that you get 4% return on your investment.
If you are more bulish you multiply by 20. So 2 million usd.
That means your investment of 2.5 million is giving dividents of say 4% a year net after taxes. And you love out of these dividents only.
If you translate this into bitcoin, you need an investment of 2 million usd to be able to live on 100 K
If your bitcoin investment gives you a divident of 4%.
That can be an appreciation of say 8% per year and you eat 4% per year.
That means you need 66 bitcoin at a current price of 30.000.
If you wanted to retire today!
That is how I calculate it.
And that 100.000 usd would be the basket of goods and services you would want to buy today till your retirement.
Your lifestyle basket.