How Much Gold & Silver Does a Person Need? Retirement Cheat Sheet

How much gold and silver does a person need? 3 oz, 12 oz, 24 oz, 50 oz, more? I'll give some thoughts and the data and math I've used to get there. Here's the formula used in the video to figure out how much gold to have by age.

Your Income * 0.08 / Spot Price = Gold ounces

Age multiplier:

1x by age 30
3x by age 40
6x by age 50
9x by age 60
12x by retirement

Example: A person making $90,000 annual salary would have 4 oz of gold by age 30 if they used this model. This is not financial advice, or even a hard and fast rule. This is for entertainment only. Cheers!

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PRODUCT LINKS:
▸ Pelican Micro Case
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▸ 32mm Direct-Fit Capsules (Fit 1 oz American Gold Eagles, Gold Buffalos, etc.)
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▸ 27mm Direct-Fit Capsules (Fit 1/2 oz American Gold Eagles, etc.)
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▸ 22mm Direct-Fit Capsules (Fit 1/4 oz American Gold Eagles, etc.)
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▸ 16mm Direct-Fit Capsules (Fit 1/10 oz American Gold Eagles, etc.)
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▸ Theory11 Playing Cards
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▸ Field Notes Notebooks
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I buy gold and other assets on a dollar cost average schedule and then buy more as price and interest allow. If you want to know more about buying gold coins, that is my primary focus here. I talk a bit about cryptocurrency, mining stocks and other equities as well. Cheers!

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Disclaimers: I am not a financial planner, a CPA or an attorney qualified to give financial advice. I'm just a guy on the internet, talking about precious metals. This is for entertainment only. Who isn't entertained looking at gold coins? If you're looking for financial, tax or legal advice, please seek out a professional. As an Amazon Associate I may earn commissions from qualifying purchases. Any potential compensation I earn will not negatively affect your purchase.

Thank you!