If the stresses and pressures of modern life are becoming unbearable, don't worry. Those who are hoarding satoshis may soon be able to retire. According to a Bitcoin researcher and the founder of Smitty's Bitcoin Retirement Guide, in many places around the world, you can retire with less than 1 BTC by 2035.
Retire with Less Than 1 BTC
Of course, the amount of Bitcoin you need to retire depends on the country you live in, with Burundi and Afghanistan being among the cheapest destinations. Bitcoin holders can withdraw from office jobs with significantly less than 0.1 BTC. Of course, they might be living in caves without electricity, but... perhaps if you really hate your boss, this option is quite appealing.
Monaco and Liechtenstein will be the most expensive places if you want to spend your final years visiting beaches, casinos, and luxury hotels. You will need about seven bitcoins to match people like Jeff Bezos and Lauren Sanchez here.
How Does Smitty Come Up With These Numbers?
Before selling your house, saying goodbye to family and friends, and buying a ticket, you should know that this chart is based on a few assumptions. The first assumption is that the US money supply (M2) continues to grow at a rate of 7% per year:
"This will make a difference, we will see in the next update. This will also contribute to causing more errors depending on the type of currency."
Secondly, the annual cost remains unchanged. In this study, the annual cost is calculated based on the average annual income of each country (measured in USD), taken from worlddata.info.
This model also assumes that everyone lives to 100 years old, so depending on your genes, you may need more or less saturated fat to live until you pass away. The calculations also do not take into account specific tax requirements by jurisdiction, as one follower pointed out. So, if you are determined to go to Kabul, you might want to DYOR.
