Don’t be afraid if the stress and tension of modern life is getting a little too high. Those who stack SATs may be able to quickly release their feet from the pedals. In most parts of the world, you can retire in 2035 with less than BTC 1, according to the Bitcoin researcher and creator of Smitty’s Bitcoin Retirement Guide.
I will retire after 1 btc
Of course, the amount of Bitcoin you need to retire depends on the country you live in, with Burundi and Afghanistan among the cheapest destinations. Hoddlers can withdraw from 9-5 for less than 0.1 BTC. Of course they may live in caves without electricity, but… perhaps if you really hate your boss, the options appeal.
Monaco and Liechtenstein will put you backwards the most if you want to spend your time at the beaches, casinos and fashionable hotels of the future. Here, around seven Bitcoins should be the high baller, among others, among others Jeff Bezos and Lauren Sanchez.
How does Smitty come up with these numbers?
Before you sell your home, say goodbye to your family and friends and buy your tickets, you should know that this chart is based on some assumptions. First, the US currency expansion (M2) continues to grow at an annual rate of 7%.
“This makes a difference and we can see it in the next update. This will contribute more errors depending on the currency.”
The second is that annual expenses remain at face value. In this study, annual costs are based on the average annual income (USD) of each country taken from worlddata.info.
Also, this model assumes that everyone lives 100 years ago, so depending on your genes, you may need a more or less SAT to see you on your deathbed. Also, as one follower points out, the calculation does not take into account specific tax requirements for each jurisdiction. So, if your mind is set in Kabul, you probably need to dyor.