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17 sats \ 2 replies \ @OT 8 Jan \ on: Amount of Bitcoin need to retire: A Guide charts_and_numbers
Shouldn't retiring at 35 require a larger amount than someone retiring at 55 or 75? They have so much longer to live.
In the FIRE community there’s something called a safe withdrawal rate. As long as your annual expenses under that (traditionally 3-4% of nest egg) you’re good to last through 30 years through most simulations. A poor early sequence of returns (market dips as soon as you retire) can sometimes complicate things. If your living expenses are even lower then naturally your nest egg will increase despite being retired.
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No, because they are more likely to get hooked on drugs and alcohol and die early.
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