An international study maps how many Bitcoin people worldwide need to be able to retire in 2035. The research shows that in most countries less than 1 bitcoin is sufficient, although age and costs of living, play a major role.
Bitcoin as part of your pension?
Bitcoin is increasingly mentioned in conversations about pension planning. The United States even investigates the possibility of including it in regular 401 (K) pension plans. Well -known Bitcoin proponents such as Michael Saylor from Strategy have stated for years that Bitcoin can be a solid way to maintain power. In 2022, Saylor even mentioned CNBC safer than real estate or shares.
The study was conducted by researcher Sminthon With and covers 96 countries and nine age groups, ranging from 5 to 75 years. He calculated with an annual inflation of 7 percent and based future expenses on the average income per country.
To remain realistic, he opted for a conservative prediction for the Bitcoin course, based on the fifth percentile of a long -term trend model. In addition, he assumed that pensioners immediately use their bitcoin for daily editions and plans to become a hundred years old.
In many countries less than 1 bitcoin needed
The results show that most people worldwide need less than 1 bitcoin to stop working in 2035. However, the differences per country are large. In rich countries such as Bermuda, Norway, Luxembourg, Qatar and Ireland, the required amount for most age groups is between 1 and 5 Bitcoin. Younger people often need even more there because their pension period is longer.
On the other side of the spectrum are lands such as South Sudan, Myanmar, Cameroon, Kyrgyzstan and Cambodia. Less than 0.1 Bitcoin is needed there, sometimes even 0.01 to 0.05 bitcoin depending on the age.
Large economies such as the United States and the United Kingdom are in the middle bracket with a requirement between 0.5 and 1 Bitcoin. Canada is slightly lower, between 0.3 and 1 bitcoin. In countries such as Turkey and Thailand, 0.05 to 0.1 Bitcoin is enough, which makes pension there relatively cheap in Bitcoin terms.
Age appears to be an important factor. A 5 -year -old child who would retire according to the model in 2035 needs around 2.77 Bitcoin to cover 85 years of living. A 35 -year -old has sufficient coverage for 55 years, while a 75 year old only needs enough for 15 years and therefore only a fraction of a coin. These age differences explain why young people score higher in the graph, even in countries with low costs.
Source: https://newsbit.nl/onderzoeker-zoveel-bitcoin-heb-je-nodig-om-in-2035-met-pensioen-te-kunnen/
