You're right, it's all about location. I have just about 10 years left until I hit retirement the normal way, and I'm putting aside money every month to ensure a retirement account at that time to be about $4-500K. Beyond that it'll be pension money, and then social security eventually. Access to a healthcare plan is probably the largest hurdle after finishing the 10 years of employment.
My XRP is something that just adds to that cake, but isn't counted on at all. If XRP turned me into a millionaire overnight, you can bet I would have sold $400K worth an funded that retirement account now, then left the rest in XRP. I didn't hit $1M in Jan though, so I'm still holding everything.
And to those pointing out that people simply knowing how much money you have causes problems, I second that. If they even think you have money then you'll be asked to give it to them. I've told many friends and family that I don't actually have any savings and I buy stuff on credit all the time. If they knew I had cash sitting around for early retirement and my kids college funding, they'd ask me for it. I've seen them accuse other people of not sharing enough, being selfish, complaining about how unfair their own lives are, etc. My wife is the only person that even has an idea of how much we've saved. My mother, siblings, kids, etc. all have no idea. They think I live on credit and drink away my earnings, and get paid far less than I really do. Bright side, I can drink a lot at family parties and they all just accept it as me being who I am. They don't know that I only drink at parties XD
Hey guys. We have had a few questions lately about how to get invited to the Zerpening Club?
What is the Zerpening? If you have to ask then you don’t want to know lol
Its a relaxed hang out where we talk about XRP in a positive no trolling fashion. We also talk about a lot of crap too. It’s like your favourite bar/pub hangout with your mates.
If anyone wants entry we welcome new members. Conditions of entry are:
1) Minimum 25 posts of not being a douche; or
2) Being a member of XRPChat for more than 6 months; or
3) A mod will vouch for you; or
4) You know what Chewsday, Bendsday, ZPI, When Philakone, Denzel Washington, Fibonacci Carbonara and the Green Goddess means !!
PM a mod if you want in.
Me, @RegalChicken @zenkert @Ripple-Stiltskin @XRPisVELOCITY @Snoopy @LilBender