HBD Stacking for Retirement Plans and the MAGIC of compound interest...

10% is close to curation as well isn't it? I guess there are some earning $500 a month (although maybe not staking!) who are sorta doing the same thing, without the $500 from 'the outside' each month.

A 20% table/chart as well would have been nice, just you know, in case interest stays at 20% and the cryptosphere doesn't go to 0!

It's a good idea to project at 10%. I think a 10 is a solid number and if HBD's 20% APR persist it'll would become a pleasant surprise and you will achieve your goals in less time.

!LUV the compounding effect. I am just starting to see my pension fund or superannuation as we call it out here kick in with some bigger compounding gains, unfortunately I cant touch it for another 2 and half years. I plan to stack as much hive, HBD and second layer tokens as possible in all the different areas to try and help supplement an early retirement from my tradie career.
!ALIVE
!LOL
!PIZZA
!PGM

I was already aware of the power of compound interest, but your article inspired me to focus more on HBD as a retirement vehicle. You can't beat 20% interest (and even if it changes to 10% at some point in the future, as it is in your calculations, that's still great).

Conservatively planning on 10% is a good idea. While the interest rate is high, it will only get you to your goal that much faster. Like you, I won't count on the interest rate to always be 20%. As we have seen recently, it is subject to change.

However, I wouldn't put too much thought into how sustainable 20% vs 10% is. If there is something fundamentally wrong that Hive can't maintain 20% with as few users as we are, then even 10% is a stretch. Reports from @dalz show how flat the debt ratio has been despite the 20% interest. If people were mortgaging their homes and selling off family members to get into HBD Savings, I might be convinced to worry about sustaining 20% interest with a constantly redlining debt ratio. Hive has protections in place to prevent collapse.

A more serious threat, in my opinion, is the lack of offramps for HBD. It's great to have the income. But if you can't withdraw it without converting to HIVE, it undermines the debt ratio.

The way you lay this out, it's like an annuity that pays out for the rest of your life. I have also given it thought. I'm still some years away from retirement. Each year that Hive celebrates another birthday, the long-term outlook improves. I can see myself contributing more to HBD savings to keep it growing, even in retirement. One of the advantages of whole life insurance, another form of annuity, is that the cash value increases annually. So, I would be well-served to continue to grow HBD Savings even while retired. This can be done out of pocket or by more blogging. At some point, I could see myself powering down a significant portion of my HP and converting to HBD. The goal is to grow interest income faster than the rate of inflation so that I don't spend my dotage in poverty.

Cryptocurrencies rise in bull markets and fall in bear markets. HBD increases by percentage every month. You made a good decision.

I like the idea but I like to raise a question.

How "safe" can we withdraw a monthly amount in 10 years to use this to pay our bills while retired??

Let's think one has 120000 HBD staked. He would get monthly 2000 to live his life in happyness. How do you get this to your credit card, your back account or to your landlord to pay the rent.

You said yourself at the start, and I'm playing Devils Advocate here, that all stable coins that gave 20% have collapsed. You have assumed the rate will pull back to 10% as being viable, but what if the coin collapses ?

I'll confess , I don't know HBD other than by name. What is generating the 20% return ?, what is maintaining the peg to $1 ?. Excuse my laziness, I could go away and dig for the answers, but maybe you can provide a shortcut ;-p

I'm also doing a £500/mth strategy, but into an ISA , with my focus on Apple, Google, Microsoft and a few UK listed companies. I've had some dogs over the years, and I must stop selling my winners, but I feel that risk of going to zero is too high with anything on Hive to warrant such a significant monthly commitment.

I like the idea of crypto for outsized gains from a small outlay, I think now is a good time to make that outlay, I'm just not sure about a long term hold in crypto , outside of BTC maybe.

But hey!, I've not exactly knocked anything out of the park, so, my opinion is just that, an opinion and worth about as much as anyone else's , they are after all ten a penny !

I don't have spare 500 $ a month, but still those numbers are beautiful!

Like you say:

But it's nice to dream!