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202 sats \ 6 replies \ @elvismercury 6 Jan \ parent \ on: Retirement strategy alter_native
Don't let yourself get mind-fucked on this by people around here. Money is for living your life. When you need it, spend it.
I came in too late for my stack to be worth that much relative to my other assets, so my plan for when I need money (for eventual retirement or super big purchases, like if we move and need a down payment) is to spend normie funds first. If you own a lot more btc as a percentage of your investment than I do, that might not be sensible.
I'd spend the CCs first, though, on posting and commenting on SN, and earning goodwill in the course of that activity. That's priceless :)
Use cash and stock holdings first if required then any other holdings after that?
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That's what I'd do. But my horizon is like twenty years or so, and I expect btc to be choppily upward for that period, so worth letting it ride. But I also have zero confidence about what the price will be at any particular point in time, and it's not worth risking living under a bridge in the hopes of hyperbitcoinization Any Day Now.
I'm in the minority around here, I realize.
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I also would like to be retired or semi retired in 20 years if not sooner
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