Transcription
Hello everybody. This is, uh, Wednesday. This is part of Feb saying, "Give me more Retire On series." Well, I have a new twist on this one, and it's super interesting. And for those of you who know, I believe very much in having a plan and sticking to it, and this will be a big part of that. I got to make sure I am actually working. Anyway, shout out me if the noise, the volume is not working or anything else.
But this one is called "Retire On Wealth," part one of three. And I'm going to do something. I know the "Retire On" series have been mimicked and copied by many other YouTubers for five years when I started doing them because rule number six of my nearly 100 rules is: Have a plan and stick to it. And a very important part of planning is goal setting. Whoops, turn mic on. I knew I had missed something. Yeah, that's what happened. Your mic should be better now. How's that? Yeah. The amount of work behind this, you would not believe. Anyway, big thank you to the team behind me that makes this possible.
But, uh, what I'm going to do, and there's a bit of an intro because there's a lot to this when you look at the actual slide. Part one of three, I will break down, uh, well, first of all, I keep stressing that in the age of AI, there is an asteroid coming for us, and AI will accelerate inequality. Forget the BS out there. It'll be abundance for everybody. That's garbage. I do not buy into that, and I'm not going to sugarcoat things. But being a capital allocator will funnel returns to capital owners, and your financial planning is now more important than ever. And the wealth disparity, disparity will increase big time. I'm going to break down what it takes to be in different wealth cohorts and income cohorts across 10 different major countries, which came from Patreon, by the way. And this is the most shocking data-driven retiring planning thing you'll ever see in your lives until people start copying it. But then they'll be able to copy this level of data because it takes an army of people ages to put it together. So let's get into it. Thank you to the mods in the chat. And disclaimer: not financial advice. By the way, if you recognize your flag, drop it below. These were the top 10 most requested countries. I can't do 300 countries or 130 countries or whatever. But anyway, we'll start here. And if we need more later, maybe I can do that. And, uh, big thank you all to Patreon who guided me on the country decision. I've been a Patreon member and daily follower of yours for three years now. You have helped me, wow, you have helped me double my 25-year retirement savings in just three years. And that's a big part of this video as well, is how important it is to be in the right assets. And again, investing is not easy. It's a blood sport. Extremely difficult to do well, but it's also a fun time, too. Let's get into it. And also, this is, uh, going to be in the "Retire On" playlist. There's a whole playlist of all my "Retire On" videos. And I never asked for people to like or subscribe, but I will today because if you want to see part two and part three, which dovetail into part one, you'll see it. And this is important.
Now, what I'm doing in part one is I'm going to talk about what is wealth, what it takes to retire, and global wealth percentiles across the top 10 countries. Part two tomorrow, I'll talk about how much Bitcoin does it take to be in each wealth percentile with sensitivity analysis and what it takes to retire rich. And then part three, I'll do the same thing for Tesla. How much Tesla, how many shares does it take to be in each wealth percentile by country with sensitivity analysis, i.e., price predictions, different variations, and it's going to be fun. And by the way, I do this for myself because I'm very competitive, and I want to know where I stand. I want to know if I'm the best sailor or the best swimmer or the best biker or the best runner or the most knowledgeable, etc., best card player. It's important for me. So, for those of you who are competitive, you're going to enjoy this one.
Now, this is very important. We have a new "Retire On" model incoming. The team have been working on it for a very long time. I know people think it's easy to bang out, but it's not. And I hammer them every day to get it out soon, but I've been promised we'll have it within 30 days. A quick glimpse of what's important. And I'm just going to not show the product, but you can set up different portfolios for your retirement planning. It could be kids' education. It could be your parents' healthcare. It could be your equity bags, your crypto bags, etc. And then you can plan them all out and aggregate them. And a very important note too, as well, if you are in the right assets and you live a pretty simple life. So, for example, this was Gary. He had $367,000. He wants to retire. He wants to spend $50,000 a year. Literally, his bags with the right allocations will outrun what he can ever spend. And that only accelerates over time. And that's the very important part of this as well. People get concerned, you know, with the 4% rule. Yeah, the 4% rule works if you're only making, I don't know, four, five, six, 7% on your assets, but if you're making 20 to 30% CAGR in your assets, you can spend all you want, which is what people want to hear. And this is more details of the "Retire On" model, which is very complex, but very cool at the same time, predicting based on your assumptions all the stuff you need to do. So, I won't have to make these videos. You can just do it yourself and configure your stuff, stuff yourself.
Now, I will talk a bit about retirement because a lot of people are interested in financials. So, not only can they retire oftentimes early, but also have a safety mattress in the event something goes wrong with their job or career, which is happening a lot right now in the age of AI. This all dovetails into Bitcoin and Tesla, by the way, and AI. It's all related, everything is connected. But there's some things that really people need to understand first before we get in.
Now, uh, most Americans retire with a median income of around $50,000 per year, which includes includes Social Security benefits. And the reality check here is a lot of people think they need a lot more to retire, but no, the median is far lower than most people assume because the Social Security does a lot of the actual heavy lifting. That's the first part, which is good news. And you know, from my "Retire On" videos in the past, I always anchored on the $50k a year, about $4,200 bucks a month spending. Now, if you're in somewhere like Thailand or Vietnam or Eastern Europe, you can live like a king for that money. But anyway, we'll talk more about that when we get to the countries.
Also, what is net worth? And people have a huge confusion about this all the time, and I'm going to spend a second on it. First of all, it includes home equity, investments, and other assets like cash and collectibles. But people underestimate how much their home contributes to overall net worth in the United States. And even in places like Australia, if you got friends here in Sydney, Australia, and you own a house, I guarantee you it's 60% of your net worth, probably, unless you got big Bitcoin and Tesla bags.
Now, where people also screw up sometimes, as well, you could, you know, have a million. A retiree with a $600,000 home or $600,000 401k combined with a $400,000 home that has no mortgage. That's a million bucks, and you're in a very, very top percentile with this level. Another friend of mine, he got some inheritance and didn't know how to invest in stocks, but he loves cars and watches. So, he, uh, buys antique Panerai watches and antique Ferraris and Porsches, and now has about 10 or 11 of them. Don't tell the wife because she doesn't know he has all of these cars in a shed somewhere in Sacramento. I hope she's not watching. I doubt she is. She's not interested in finance. But the point is, these collectibles are worth a fortune. He started buying them right before COVID, and ever since then, you know, antique Porsches went from $60 grand to $300,000. So, you can make money on anything if you know what to buy. Anyway, I digress.
Also, a myth. This is a very interesting piece. And by the way, I'm going to harmonize all of the dollars for all of the planet. So, even though I'm going to break down the wealth needed in in 10 different countries, it'll all be harmonized in US dollar terms. And the first data I share here, think about that later, and we can get to it and harmonize it around your own local currency, whether it's Swedish Krona or whatever else. But people think you need a million dollars to retire. In reality, only 3.5% of Americans retire with $1 million or more. That means 96.5% of them do not reach $1 million. Um, and the media fixates on it. So people can live simply and easily, etc. So don't think you should have a million, but I always say, "Stretch, always have a stretch goal." Try to get to a million, and once you get to a million, it's easy to get to $10 million and so on and so on. So let's move on as well. Got to get all this homework out of the way. Uh, first.
Now, the top retirement net worth breakdown. The top 25% in the US net worth has a net worth between $395k and $1.16 million. The top 10% about $3 million, and the top 1% about $21.7 million, but we're going to get more into that across different nations. That's just the US, and you can see there's a massive disparity as well between the different cohorts, and it's very important to be cognizant of that. People who are in the say, the bottom 50 percentile, aspire to be in the top 1%. You can do it. You can do it in a decade, too, if you know what you're doing. It's not impossible. You're looking at the result of that.
Anyway, comfort in retirement, too. Another very important aspect, and this is what people think you need money to be happy, but no. 86% of retirees retire with $50k to $100k in savings, and they live comfortably because they have things like pensions or Social Security, which covers most of their core financial needs, and they know how to live on a pretty strict budget. So, that's also pretty cool to know, too. Also, happiness and comfort, satisfaction, okay, or happiness stems from meeting needs, not accumulating large balances. And there's a weird paradox here. When people have a lot of bags, a lot of wealth, they get a lot of stress. You know, if you have, they say, a $10 million portfolio and the market takes a 20% dip, you lose $2 million. And that can psychologically hurt people. But if you don't care about money, you know, you don't have a problem. But this is how some people can actually be very happy with very little. So bear that in mind, too.
Also, in the USA, this is very important because other countries around the world have have even thicker social blankets, but the average retired couple in the United States receives between $40,000 and $50,000 annually from Social Security benefits. And this is the backbone of all your spending. Now, if you have a large investment portfolio on top of that, you're golden. Anyway, let's get into another detail as well. Uh, peace of mind and health, mental health, challenges of high net worth are there. And I want to reiterate this, okay? Moderate net worth often report higher happiness due to lifestyle. People who are richer sometimes get into things like divorces and ugly family battles over money and things like that, and that can destroy lives and destroy happiness. So, do not think high net worth brings happiness or guarantees it or reduces anxiety about finances. For some, it makes them mad. For some, that's why I always say, don't don't get relationship with money. Don't be obsessed with it. Just use it as a play tool and live happily and live simply. So, very important.
And final note before we get into all the numbers which are coming. Another kind of so-called fallacy. Well, many people, retirees say they need $1.2 million to feel comfortable, but remember, only 3.5% of retirees actually reach $1 million. So, sometimes when you see the media saying, "Oh, you got to retire $1.2, $2 million, $2 million, $2.1 million, whatever the number is." No, you don't need that. And that is an aspirational goal for the top 3.5%. Bear that in mind. All right, let's get into the countries and then the wealth cohorts. And remember, part two and part three is where I'm going to back into those out to the year 2030, 2032 with sensitivity analysis about how much Bitcoin, how much Tesla, etc., you need to breach these levels. And remember, the world is changing very fast right now. The people that have the capital allocated in the right assets will be the kings of the future. All right, let's go.
First of all, the countries requested, obviously a lot of the United States. We have Australia, we have Canada, we've got Germany, we've got Ireland, Netherlands, New Zealand, Sweden, Switzerland, and United Kingdom. I know people said they want to have Turkmenistan and other places, but there was just not enough demand. I can't do, can't do more than 10 countries right now, but maybe in the future, we'll see if we can do a second swab at a second tier. The other thing that's important to note is you'll see different disparities of wealth across different countries, and some places are of course cheaper to live. Therefore, if you want to get wealthy, you know, if you're in the US and you got a big bag or not a big enough bag, you can move to a cheaper place and live even better.
Now, I will stress a couple of things, too. The average age of people that watch my channel, it's interesting. It's kind of sad that only 0.9%, less than 1% of people under 25 watch my channel. These are the people that need to watch it the most. Not the 65 plus or the 50 plus year olds, etc. But it's very important. 90% of people who watch my channel are over 35, and the majority are 50 plus. So [laughter] often times another lesson in life, people start worrying about money and finances too late in life. Get in early. The most important thing, if you are under 25 watching the show, drop a comment below because you are going to be golden because you're in early, and time and compounding solves a lot of problems. A lot of problems.
All right, the other sad news, gender breakdown. No matter how hard I've tried to attract females to the audience, I am still at 8.3%. Four or five years ago, I was at 8.2%. It hasn't changed. So, again, nearly 92% male. And that's it. So ladies, ladies, uh, get involved in it too, as well. It's so important, and it's not hard, as well.
And I'm going to talk about some of the key clarifications as well before I get into all the numbers. And there's a truckload of numbers coming your way. Income refers to household income. And if there's two people in the household, it's combined. Net worth is total assets less total liabilities. I don't care if they're collectible Ferraris or whatever else. And the wealth thresholds are not linear. Okay? Going from the top 10% to the top 1% tier requires a huge increase than going from 25% to the top 10%. And many people also confuse wealth, okay, and income in a big way. I know people that earn $400,000 a year and they're on the breadline in San Francisco. Medical doctors clearing $400,000 and they live paycheck to paycheck. And I know people that probably earned $70,000 during their entire lives, they own their house, they have assets, they got all their expenses covered and live like a king at a fraction of that $400,000, and they have very good portfolios as well. So again, don't confuse income with wealth. Very important.
In addition, uh, what else? Many people also confuse income with wealth. Did I just cover that? Yes, I did. H but wealth tiers also reflect different strategies. There are people like I remember years ago during the dot-com boom, I knew this one guy. He was selling software for this startup that was high, and then it crashed down. But he actually nailed the top of the market, sold his stock, made $250 million bucks, then sat on his butt for the next 30 years or whatever. So anyway, some people can make wealth, accidentally inherit it, stumble upon it, make a great trade, uh, sell stock options at the right time, be in the right place at the right time. And other people can sometimes be in the wrong place at the wrong time, or in the wrong place for too long. So be careful of that, too.
Anyway, let's get into the story. I'm going to start with the, and I'm going to go pretty fast. There will be a Substack on this as well on this three-part series later. So, if you miss any data, there's a lot of numbers, so it's important to see. But this is the wealth by cohort in the United States. The median 50%, we all know what median is if you watch this channel for a long time. If not, Google it. People say you don't need to explain median. We know what it is. Okay, median income in the United States is $83,730 bucks, which is actually quite high. It's a lot higher than it was 25 years ago. And the net worth threshold for the median is $193k. So, if you take a middle point of everybody, the the median net worth of say, all the people in the country, $192,000. Top 25% $150k, and the net worth threshold is $659k. And the top 10% $251k, and net worth threshold is $1.9 million. So, the easy way to think about this, if you want to be in the top 10% of wealthy people in the United States, you need $2 million bucks. So that's the easy way to think about it. Now, if you want to be in the top 5%, you need $3.8 million. And it's coincidence that it actually jumped linearly. It's not normally linear like that. Very strange. And if you want to be in the top 1%, you need somewhere between, say, $12 and $14 million approximately. And the income for the household needs to be about $660,000, or if you are on your own, it's about your $450k to be in the top 1%. Now, that's kind of laying the land. I'm going to go through all the other countries and then pull out an analysis of the anomalies between those countries, and we'll go pretty fast.
So let me blow it up. Next in the box, number two, UK. Our friends in the UK. Shout out to Shaunie and everybody else. Uh, this is the UK cohort. So, median is £36,000. And remember, I harmonized the currencies later in the study here. Net worth threshold is £287,000. And there are some interesting things about the UK, and we'll come to that later. Uh, the top 25% is £60,000. Top 10% £90,000. Top 5% £130,000. And then the top 1% between £220 and £170,000. But you can see even though the income threshold is not that high, the wealth actually spikes up a lot. Net worth threshold is not too dissimilar at the median for the United States. Then it goes up to £4 million to £65 million for the top 1%.
Then we have Australia. The median Australian income threshold $93k and it goes all the way up to $420,000 for a household. Can't make that number up. And net worth starts at $31,000 Australian dollars and goes up to $6 to $8 million. Remember, if you've got a house in Sydney that you own outright, you are definitely owning, you're somewhere in the top 5% already in Sydney. And that's just with the way the cookie crumbles because Sydney real estate is through the through the roof.
And next we have our friends in Canada, up north, where it's probably quite cold now. Income threshold Canadian dollar is $93k for the median, going up to $500,000 Canadian for a household to be in the top 1%. And net worth threshold, uh, for median is $350,000 Canadian, up to $6 to $8 million for the top 1%. And again, it goes up pretty high.
Next we have our friends in Deutschland. Median is about €47,500. That is very low. Um, quite low compared to what it used to be in the old days. Uh, net worth threshold €132,000. And one of the issues with many people in Germany, they save in cash, like Sparkasse and stuff. The representation of equity ownership across Europe. Germany has one of the lowest. So, I hope my German friends watching this channel, they're quite different. They've got lots of Tesla and crypto and stuff like that. Um, top 1% you need €250,000 euro for the household and €180,000 euro for an individual. That is very low. But the net worth threshold goes up to €5 to €7 million, probably because they're very good savers. But remember, don't save too much in melting ice cubes.
Then we have the Dutch. The Dutch €42,000 as median household income, net worth €140,000, compared to Germany €132. So the Dutch are a little bit richer. Um, then we see the top 1% €220,000 for the household, €170,000 for the individual, and the net worth threshold is actually lower, €3.5 million to €5 million. Not sure why.
Then we have Sweden. This is also a very interesting case study. Uh, the Swedish median income is about 52,000 Swedish Krona, 600,000. And the wealth is about [clears throat] 140,000. That is very low. Uh, and then the top 1% $3 million, about 260,60,000 is kind of the income threshold. We don't have it by household. Most of them are households anyway. And then the net worth is about 2.6 million to 3.5 million euro. So, I'm not sure what Swedish real estate costs, but some of those numbers are a little bit low to me. And I have a theory on that. We'll get to that later, too.
Uh, Switzerland, the hello. Uh, Swiss median income is very high, 95,000 Swiss Franks. Net worth threshold 220,000. Similar type of thing like Sydney, Australia. If you own real estate in Switzerland, you are very rich. You're going to be in the top 5%. It's that simple. Uh, let's look at the top 5%. Swiss Franks 290,000 household income. Uh, and net worth threshold 2.2 million. And then top 1%. The average household earns Swiss Franks 450,000. And that Swiss Frank net worth is about 8 to 10 million. Remember, the Swiss Frank is stronger than the US dollar for perspective.
Next we have our friends in New Zealand. The Kiwis, median $95,000 New Zealand dollars, net worth threshold $355,000 as well, and it goes up to top 1% $450,000 for the household and $6.5 to $8.5 million for the net worth threshold. Again, similar to others.
And the final country is Ireland. Uh, median income threshold is €48,000, net worth €160,000, but the top 1% pull in €250k and have a net worth of between 4.5 and 6.5 million. So again, there's a big, big disparity there from the bottom to the top, especially around income.
Now, I'm going to break out a chart, uh, because I'm very visual as to how all of these compare across the different cohorts, because this is where there's huge differences. So, first of all, this is the median wealth for all the different countries. UK is number one. Not sure why. Maybe it's heavily skewed to the upside, or I'm not sure exactly. Uh, Switzerland is number two for median wealth, and I would have thought that Switzerland would have been higher than the UK. H and Germany is down the bottom for the median wealth, and Netherlands is number second last, uh, Sweden third last, etc. But New Zealand eclipses Australia. Again, this is taken into account at the latest currency exchange rates from yesterday.
Now, second part is the top 25% of wealth holders. You can see UK still wins. Okay, the top 25% are very wealthy. That kind of explains some of the skew. Switzerland's number two. Uh, UK is number one, about $570,000. Remember, I translated everything from British pounds to dollars. Switzerland's $412,000. So, if you want to be in the top 25% of wealth in Switzerland, you need $412,000. Uh, New Zealand $38,000. Australia $297,000. But throw that out the window. If you own real estate, you're way rich in that. USA, uh, $289,500. Ireland $278,400. So you can see the top 25%. Many of the countries are very similar, like Australia, New Zealand, USA, Ireland. Sweden drops [clears throat] a bit, $264K. Netherlands $243K, and Germany $229,000.
Next, we have the top 10% of wealth earners. This is where the big skew actually creeps in. And this is a big part of why you need to be allocated to hard assets. Remember the intro? Very important. This is how things skew. You want to be an asset allocator, capital allocator. UK drops hard from being number one for the past two or three. It falls to $1.3 million dollars to be in the top 1% of wealth. Just eclipsed by Switzerland $1.375 million, and the US's top $1.9 million to be in the top 10% of wealth owners. And there you see the rest kind of fall down. New Zealand top 10% $780k. Australia $8, no, $924. You can see how it skews, and that's because Australia real estate is so expensive. The top 10% own it, therefore it skews higher. Uh, Ireland is it $835,000. Sweden $660,000. Netherlands just under Sweden $649,000. And Germany, top 10% are doing better than the rest out there.
And final one is the top 1% of wealth, wealth holders. Here you see the big jump again. USA number one, $12.6 million. You need $12.6 million in assets less liabilities to be in the top 1% in the United States. Number two is Switzerland. That is, blow this up. I can see these numbers. $11.25 million to be in the top 1%. And then number three is UK. You need $7.26 million dollars worth to be in the top 1%. And Germany is number four at $6.96 million, and Ireland number five, $6.38 million. Again, some of these countries are skewing to the upside.
Now, I do have a visual of what all this looks like across all the different tiers with all the different numbers, and see how you can compare. But basically, when things start skewing, they start skewing bad across the top 10% cohort and the top 1% cohort. And that led me to build a new ratio. And I call this the wealth disparity that exists. So, let's look at this chart, for example. You'll see green is the median income, and UK has the highest, Switzerland number two, etc. New Zealand number three. It all depends. But where the real skew happens is when you look at the top 1%, it's so much higher. So, I decided I would create a little ratio of the wealth disparity, and it's here. You can see the wealth inequality ratio by country. I am comparing the top 1% wealth to the median wealth, and USA rocks it by not sharing the most. The top 1% own 65.3 times more than the median wealth. Number two is Germany. The top 1% in Germany own 45.5 times more than the median. Switzerland is number three, 40.9 times. Uh, Ireland number four, 34.4 times. And then we have Netherlands number five, 30.4. So the higher these charts are, the more wealth disparity there is by nation. And UK interestingly is the lowest. So it's really interesting when you break all these numbers down and interesting to see.
Now, there are theories out there. I have theories. So, for example, in high tax places, you might have less wealth disparity. So, countries like Sweden that tax the rich a lot, of course, you'll see that coming down, but I found this very interesting. But the key part of all of this, the couple of the key anomalies I saw, and drop your comments below as to why this is, but I call the US the inequality king. Uh, there's that 65.3 times ratio. USA's top 1% holds 65.3 times more wealth than the median citizen. And that makes a lot of people angry. And we're seeing a lot of that anger bubble up now in elections where people want, you know, handouts from governments because they say, "Oh, the rich are bad," etc., etc. And there we go. Then we have this UK has the highest median wealth. Trying to get to the bottom of this is why that is, but the UK leads the pack in middle-class stability. Not sure what that is. Could be a little bug, but we'll see. And next, the 1% outlier. This is very large. The top 1% of the USA are significantly wealthier than any other nation's elite. And I believe a part of this is also because of AI, because of technology and those types of things. You have massive concentration of wealth with those people like Jensen Huang and Jeff Bezos and Elon Musk and others because they have huge concentrations in very valuable companies, and that skews the top 1% wealth. When you, if I had time, I would have broken down to the top 0.1% wealth, and you'll see the top 0.1% of the United States owns like 40%. It's crazy.
And another quick summary, too, and this is probably the most important slide that I'm going to mention today. And this goes back to my opening point about the AI impact. I'm trying to calculate. It's very difficult to predict what things will look like in 2032. But remember, AI returns flow to capital, not labor. This is the big difference of the world we're going into. Depending on a paycheck to get wealthy is no longer going to work. AI will return flow to capital. Owning hard assets, saying the same thing now for five years straight. Hammer that home, especially if you're young. Get it? Don't depend on labor to become rich because automation and AI will boost productivity. And all those gains of that productivity, I believe, will accrue to those who own AI companies, who own AI data, who own compute infrastructure. It's that simple. And remember as well, compounding effect, but it's a triple-edged sword because wealth also compounds faster at the top. The top 1% already capture 50 to 80% of the new tech-driven wealth. And as AI equity grows at 4x the rate of median wages, if you don't own these AI stocks, you're going to fall behind. It's that simple. Also, capital-rich people in an exponential age can use leverage. They can deploy AI agents and automation, and they can get leverage from the brokers and buy more stock, etc., and investment tools at scale. And this will multiply returns while the median household income will see very slow wage growth or even negative wage growth as things like robots and self-driving cars come into play. That's just the harsh reality. And job displacement will hit the middle class, not the elite. Median earners will face automation pressure and stagnant real wealth growth, real wage growth. However, high-skill and capital owners will accelerate ahead and the AI-enabled. I always say winner take most, but this winner take most economics applies here too. Network effects, data moats, concentration of few dominant AI firms, winners take most. Everything in crypto, you see it in AI tech stocks, you see it too. Trillions in future value will accrue to a tiny ownership class. I think something like half of all Nvidia employees are worth $25 million bucks or more, which is nearly at the ultra-high net worth threshold. All you had to do is just get in there 10 years ago, be an employee, you're worth $25 million. It's that simple. Wild.
Now, my crude forecast before we get into the kind of sneak preview for what's happening tomorrow and Friday. My 2032 AI impact growth assumptions. This is putting what I said previously into numbers. The median wealth will grow from $220k to $240k, and I assume 1.5% real growth, which sucks when inflation is 4 to 9%. That's just my my math. Top 10% wealth will go from $2.5 to $3 million, growing at 3.4, 3 to 4% annual growth rate. Top 1% wealth, $18 to $25 million. It'll grow at 5 to 7%. And the inequality ratio that I calculated at 63 will go from 80 to 100x, and it's rising fast. This is very important to know. There is no abundance for everybody and equal wealth distribution. It'll be those who have the hard assets will get ahead. Those who control the compute, those who have the AI stocks, those who have the hard assets, whether it be gold or Bitcoin or whatever else, that is going to be so important.
Now, I've been talking for a long time, and I apologize, but this is a big one. But tomorrow, I'm going to now take this all this data I've shared with you, and I'm going to back into, guess what? How many Bitcoin you need. For example, tomorrow, I'll break down Bitcoin and all the different projections and the sensitivity analysis, and how many Bitcoin you need to be in the cohort or the threshold of wealth in your country. It's going to be fascinating. Do you need half a Bitcoin or 18 Bitcoin, or where do you stand? And this will help you plan for your future. And then on Friday, I'm going to do the same thing with Tesla stock. Okay? Break down how many shares you need to be in the top 1% in 2032, how many you need to be in the top 20%, etc. So, you can start planning your stacking if you haven't stacked already. You watch this channel, you obviously have as well. And that is the story. So, any other comments below you want me to tackle on tomorrow's part two and then Friday's part three, let me know. But I'll go over all my price projections and update a little bit of the "Retire On" previous models and then back into the cohort of wealth of how much you need. What's very interesting, too, imagine you've got say, two Bitcoin. It might not get you into the top 20% in the United States, but it'll definitely project you deep into the top 1% in other countries, too. That's what we're looking for. If you want to retire in, I don't know, Tokyo or somewhere. Anyway, that's that's the story today. I hope you all got smarter. I want to say a big thank you to Shauny and TND, and of course, uh, we have DBF430, GQ Trader, the only real gray ghost, Piper up there in Canada, IQ Labs, Friendly Man 2030, and Bman. Thank you all so much. This is so important. Again, rule number six of my nearly 100 rules. Have a plan. Stick to it. Identify where you want to be. I want to be in the top 1% in my country, or I'm happy in the top 20%. Or I'm happy at the median. I don't know. What do you need? What do you need to get there? You'll find out tomorrow and on Friday. Thank you all for coming. Oh, by the way, don't forget to subscribe to, I think they'll have it, the playlist for the "Retire On" if you want to make sure you get alerted or hit the bell or whatever people do. I don't even know. Uh, to get these videos tomorrow and Friday because they're going to be bangers. Really fun. Thank you all for coming. Thank you to Moz and Shed. Have a good night.