Hello Steemer, Stemmerettes,

after receiving a warm welcome from y'all (Big Kahuna THX!) now it‘s time for my first article!
I would like to present my BRP – Bitcoin Retirement Plan.

Eh? Whut? You mad bro?

In Germany he‘s quite famous: Norbert Blüms stupid slogan:

“One thing is certain: Social Security Pensions are safe."

Why you ask is it not? Aside from a lower birthrate, Inflation is eating up all gains from living economical.

You probably read about the ECB buying bonds? Congratulations! The money supply has been raised like it‘s nothing! Is that even legal? HELL NO. Does anyone care?

"Printin‘ Money, all day err‘ day!"

I will do a calculation based on the German Rente. I‘ m sure you‘ll find a fitting calculator for your country.
This one is from http://www.brutto-netto-rechner.info/rente.php

As a base calculation, we assume that you at least finished an apprenticeship (I hope that‘s the right term. Put a correction in the Comments :) ) and have a yearly gross income of 30.000€

Yearly gross income : 30.000€ p.a.
Probable raises: 1,4% p.a.
Inflation rate 2,3% p.a.
(median last 50 Years 2,3%)
Pension adjustment 1,1% p.a.

Here‘s the conclusion with the „official“ inflation rate

Your last gross monthly income 4.125 € p. month
gross month (adjusted for inflation) 1.861 € p. Month
Estimated pension with 67 2.201 € p. Month
Pension (adjusted for inflation) 993 € p. Month
Estimated payout 868 € p. month

WOW you gotta work until 67 (40 YEARS in the future!) and you only have a buying power of roughly 900€. SOOOOO AWESOME.

Now we‘ll calculate with the Shadowstats,
which are assuming approximately 10% Inflation p.a. which is way more realistic.

Your last gross monthly income 4.125 € p. month
gross month (adjusted for inflation) 147 € p. Month
Estimated pension with 67 2.201 € p. Month
Pension (adjusted for inflation) 78 € p. Month
Estimated payout 69 € p. Month

HOLY SHIT! 69 (hehe) €???? Can‘ t afford the retirement home nor something to eat.

Alright, I see the issue. What now?

So I was searching for a solution quite some time and I found it in a
Tim Ferris Podcast:

Mr. Money Mustache (MMM) retired with 30. He worked 10 years, saved as much as he could and told his old boss:

„Thanks and fuck off“*

_{(*well probably).}

He‘s explaining everything in the Podcast, so you betta cop that.

Let‘s get to my BRP

ADVENTURE… ehhh… MATH TIME!

MMM says, that you need your yearly spending 25times to avoid working for the rest of your life.
Let‘s calculate if we can make it:

Rent:

In the future, we want to live in a 4 room apartment, in a nice neighborhood. Quick Google and: 1888,60 € rent incl. additional costs for 142m².
Round it up to 1900€

Food:

500€, which equals for a three person household 6€/per day per person.
This is not only about being Scrooge McDuck rich but to live economically sound!

Electricity/Water/Internet:

150€ depends on your supplier.

Other spending:

450€ For whatever stuff you wanna throw 450€ a month at.

So in total we have 3.000€ per month

Monthly expenses	Yearly expenses	min. pension savings
3.000€	36.000€	900.000€

As you can see, we just need a million Euros to sustain this lifestyle.
Before everyone get‘s mad like:

"One does not simply obtain a million euros!"

I can understand, that this appears to be a big number. But that‘s exactly why we need Bitcoin. Let‘s keep it real for a second. I highly doubt that most of us will get a job that pays so much that you can save 900.000€. Inflation eats your gains like Pacman is popping pills.

Gimme them charts already!!!

Alright alright, let‘s look at the BTC prices

Day	07.06.12	07.06.13	07.06.14	07.06.15	07.06.16	07.06.17
EUR/BTC	4,84 €	80,00€	458,51 €	204,32 €	516,95 €	2.398,28 €
Gains p.a.	0,00%	1652,89%	573,14%	-44,56%	253,01%	463,93%
Median gains p.a.	497,92%

Bitcoins price grew per year around
497,92%.
Time for the up scaling.
Let‘s assume you can invest 50€ per months

Highlighted: Wallet worth in EUR and purchasing power

or as a chart:

Wallet Worth in EUR (red) and purchasing power (yellow)

As you can see, you would only have to work until December 2022 to have 1 Million Euros of purchasing power (assuming 10% inflation p.a.) with a ridiculously low total investment of 3.350€.

But Bitcoins could turn worthless because of SEGWIT and USAF?

Yeah, could. But I highly doubt it. It‘s a possibility that this leads to a divide into two Bitcoins just like with ETH and EthClassic. But after an initial price drop, both coins are continuously gaining.

The question you have to ask yourself is following:

If through saving 50€ per month for 5 years I am able to never work again, why shouldn‘t I do it? I‘m already spending 50€ each month for some shit. Why not make a good retirement plan?

It‘s up to you, so:

See you steemin‘ Space Cowboys.

Sources:
www.handelsblatt.com - Norbert Blüm Bild
www.imgflip.com - Memes
https://www.bitcoin.de/de/chart - Bitcoin Prices in EUR