20 sats \ 1 reply \ @grayruby 24 Apr 2023 \ on: 401K .vs. Fiat .vs. Bitcoin mix discussion bitcoin
Nothing wrong with having some stocks in your retirement account. I do the same. I also hold stocks in a non retirement account but I am slowly selling them off to buy more bitcoin. That being said I am not against adding to positions either when I see value I bought more SQ when that hindenburg hit piece came out.
Bitcoin, provided it gains adoption as we all expect, should also provide for a good retirement. Make sure you set aside some for the kids (if you have kids). Depending how far in the future you are retiring you may only need 0.1BTC a year or less to fund your full retirement and certainly less if you have other sources of income.
->may only need 0.1BTC a year or less to fund your full retirement "
I'm shooting for a steady state; perpetual growth equal to my expenses.
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