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  • Retire Off BTC

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    Amr Mostafa
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    To retire comfortably in 2030, one would need around $1.5 million based on the following assumptions: - Monthly living expenses are estimated to be $7,500 in 2030 dollars assuming 5% annual inflation from 2022 levels. - This amounts to annual expenses of $90,000 or around $2.7 million over a typical 30 year retirement. - Investing $1.3 million now at a 6% annual return would generate enough to cover the estimated $2.7 million in retirement expenses. - Adding a 15% contingency would require total savings of around $1.5 million by 2030 to retire.

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    To retire comfortably in 2030, one would need around $1.5 million based on the following assumptions: - Monthly living expenses are estimated to be $7,500 in 2030 dollars assuming 5% annual inflation from 2022 levels. - This amounts to annual expenses of $90,000 or around $2.7 million over a typical 30 year retirement. - Investing $1.3 million now at a 6% annual return would generate enough to cover the estimated $2.7 million in retirement expenses. - Adding a 15% contingency would require total savings of around $1.5 million by 2030 to retire.

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    2 views6 pages

    Retire Off BTC

    Uploaded by

    Amr Mostafa
    To retire comfortably in 2030, one would need around $1.5 million based on the following assumptions: - Monthly living expenses are estimated to be $7,500 in 2030 dollars assuming 5% annual inflation from 2022 levels. - This amounts to annual expenses of $90,000 or around $2.7 million over a typical 30 year retirement. - Investing $1.3 million now at a 6% annual return would generate enough to cover the estimated $2.7 million in retirement expenses. - Adding a 15% contingency would require total savings of around $1.5 million by 2030 to retire.

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    of 6

    How Much to Retire in 2030?

    living expenses (2022) $5,000.00 *average of 2.5 people per household


    Monthly expenses (2030) $7,500.00 *assuming 5%/year inflation until 2030
    Annual Expenses (2030) $90,000.00
    (in 2030 dollars) $2,700,000.00 *average U.S. retirement length = 18 y
    Perpetual growth rate 6% per year growth
    Invested @ retirement $1,300,000.00 *in order to be able to spend 2.7 mil ov
    Plus contingency of 15% $1,495,000.00

    Retirement savings calculator: https://www.bankrate.com/calculators/savings/savings-withdrawal-calculator-tool.asp


    .5 people per household
    %/year inflation until 2030

    . retirement length = 18 years so 30 yrs is a GOOD retirement

    e able to spend 2.7 mil over 30 years. The $$ continues earning interest over 30 years

    s-withdrawal-calculator-tool.aspx
    RETIRE OFF BITCOIN BY 2030 BTCUSD $29,362.30

    Bear Base Bull Super Bull


    Goal for 2030 $1,300,000
    Contingency 15%
    Retirement $1,495,000
    prediction (2030) $100,000 $270,000 $400,000 $1,480,000
    Retire 14.95 5.54 3.74 1.01
    prices $438,966 $162,580 $109,742 $29,660
    VALUATION SOURCES

    Bear Mike McGlone (Bloomberg Intelligence Analyst) - https://www.cryptoglobe.com/latest/


    Base 55 industry experts (average price predictions) - https://capital.com/bitcoin-price-pred
    Bull Bloomberg (Or Ark Invest Bear Case) - https://assets.bbhub.io/promo/sites/12/106072
    Super Bull Ark Invest - Big https://ark-invest.com/big-ideas-2023/
    Moonshot (Insane) Robert Breedlove (Parallax Capital) - https://finbold.com/bitcoin-to-surpass-12-million
    (Insane)

    $12,500,000
    0.12
    $3,512

    s://www.cryptoglobe.com/latest/2022/09/bitcoin-btc-price-hitting-100000-is-a-matter-of-time-says-bloomberg-analyst/
    ://capital.com/bitcoin-price-prediction-2030-2050
    bbhub.io/promo/sites/12/1060725_Crypto-Apr2021Outlook.pdf?utm_source=Email&utm_campaign=Indices&utm_medium=New

    om/bitcoin-to-surpass-12-million-by-2031-fuelled-by-collapsing-dollar-says-ex-hedge-fund-manager/
    -says-bloomberg-analyst/

    ampaign=Indices&utm_medium=Newsletter&utm_content=CryptoOutlook-Apr2021&tactic=475077&link=button-bottom
    nk=button-bottom

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