reply on: Americans need just 1.5 million dollars to retire \ stacker news ~econ

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21 sats \ 6 replies \ @PlebbyG 4 Apr \ on: Americans need just 1.5 million dollars to retire econ

I want to know the specifics. How long are they saying an average retirement is? What spending will I be allowed per month? ...living in what zip code?

All these details are important.

I'm also doing the math in my head about this...

3 sats \ 5 replies \ @TomK OP 4 Apr

I think they take the average household costs of an American retired household as a starting point and then apply the typical CPI inflation rate of the last few years.

21 sats \ 4 replies \ @PlebbyG 4 Apr

I've always considered retirement to be some confusing fiat scheme they try to pull on all of us... such an opaque process with too many overly-complicated terms and processes. Especially 401(K)s...

What I'd REALLY like to know is how much bitcoin I'd need to retire in a sunny place for the last 40 years of my life starting in 2033.

24 sats \ 2 replies \ @TomK OP 4 Apr

I'm so sorry, but my cristal balls seem to be retired.... but I guess with one coin You could be doing quite well

21 sats \ 1 reply \ @PlebbyG 4 Apr

Let me give you some sats to re-charge that 🔮 of yours 😉

I'm pretty sure just one bitcoin will be PLENTY by 2030... plenty...

0 sats \ 0 replies \ @TomK OP 4 Apr

Hahaha. Thank You, but don't forget that my wife is spanish. these women jealously guard the treasures

0 sats \ 0 replies \ @anon 5 Apr