YOU Need This Much Bitcoin To Retire in 5 Years For YOUR Age!(FULL BREAKDOWN)

Added: 2026-05-30

[00:00:00]So, which assets should you hold based on your age? Today, we're going to be looking at how your portfolio construction might change if you're in your 20s or your 30s and you're earlier in life. And we're going to be comparing that with how your goals might change if you're in your 60s and your 70s and you might be looking to preserve wealth as opposed to aggressively grow wealth.

[00:00:26]Now, I know that some of you might be thinking, "What does a 29-year-old kid with terrible haircut have to know about retiring?" Now, the good news for you guys is I've been lucky enough to make probably three or four million dollars online by 29. I classify myself as retired and I've been lucky enough to learn from some very rich, very successful individuals like Mark Moss and I've even had the chance to interview billionaires like Michael Saylor. So, some of their thoughts and frameworks are going to apply in today's video. But, let's start looking at the age group of people who might be teenagers or in their 20s. These are people young in life and the reason why this pie chart is a little less colorful than people in their 60s and 70s is because I think when you're in your teenage years and you're in your 20s, this is the time to take risks. This is the time to quit your 9:00 to 5:00, to find a job online, to try to increase your revenue stream, to try to start a business. Again, traditional schooling today tries to scare you away from taking risks and starting businesses.

[00:01:30]We've all seen that common statistic or fact saying that like 80% of businesses failed, but even that is a lie. It's going to be one of the many lies that we cover in today's video. I don't want to reveal that just yet, but I want to reveal what is on this pie chart. So, I think if you're in your teenage years or your 20s, I think it makes sense to spend at least 50% of your time, energy, and wealth into trying to increase your ability to grow wealth. This is not the time to be an investor. This is not the time to, you know, flip your $1,000 into a million. That happens very rarely.

[00:02:09]It's very rare that you're able to become a millionaire overnight. I think this is the time that you want to try to start a business that you've always wanted to start. And this is the time that you really want to learn from others who are much wiser than us.

[00:02:23]Again, I'm still in my 20s. So, again, that is This is why I recommend people in their teenage years or 20s to spend 50% of the money that you make and 50% of your time into businesses. Again, think about this for a moment. We know that the average net worth for someone in their 20s is $7,000.

[00:02:43]Does it really make sense to put the $7,000 into the S&P 500 and just slowly bank on that 7% return that you're going to get a year to maybe become a millionaire in your 40s or 50s? No, I don't think that's the best idea. I don't think that's the best way to spend your $7,000. And again, this is a huge regret of mine.

[00:03:04]I wished that I had thought about this framework more when I was in my teenage years or my 20s because I wouldn't have been so big on investing as I was in my teenage years and my early 20s. Yes, compound interest is very valuable. Yes, investing is something that you want to always do and you do want to start from a young age, but you should your sole focus, again, if I'm talking to my younger self, I wished that I'd focused on making more money. That's because or that's why this big blue sliver on a pie chart is business-related.

[00:03:43]If you got $7,000, don't put it all in Bitcoin. Go out there and invest in yourself. If you want to become a world-class video editor. Go spend $4,000 on a laptop instead of cheaping out and buying a $500 laptop and putting the rest in Bitcoin. Again, this is going to be very controversial to some people on this channel, but I think your portfolio allocation this is again just my thinking, but I think it should change based upon your age. Now, let me reveal the other sliver on this pie chart and maybe move locations cuz I'm going to trigger a lot of people with my reasoning for why I think you should only have 50% of your money in Bitcoin and view it as a backup. I have literally added five times more Bitcoin to my savings this year than I did from the ages of 18 to 25. And that's only because I started spending more money and spending more of my time on a business. Again, I want to talk more about business in a moment, but just think about it. If the average person in their 20s has $7,000 of net worth, should they put it all in Bitcoin? Let's quickly run the numbers for you guys to see exactly what I mean with my favorite calculator. This is called When Moon and it shows you when you can retire with Bitcoin. Let's look at what would happen hypothetically if the average person in their 20s wanted to go all in on Bitcoin like all these fancy videos are telling you to do today. Well, with your $7,000 of buying power, you're probably going to be lucky if you're going to get 10% of a Bitcoin.

[00:05:21]In reality, you're probably going to only be able to afford 0.05 of one of these. That's 5% of a Bitcoin.

[00:05:28]So, let's look at how quickly you can retire. So, if we conservatively assume an 80% compounded annual growth rate for Bitcoin into the future, that means you can retire with again 5% of a Bitcoin by 2033. Now, that's 8 years from now. That doesn't sound too shabby, but what I'm trying to highlight here is the difference in magnitude. Look at what would happen if you were say deciding to go all in on Bitcoin in your 30s after you actually had a significant-ish piece of net worth. Let's assume you bought one Bitcoin and you went all in in your 30s and let's have a look at how quickly those retirement dates change.

[00:06:07]All of a sudden, if you got one Bitcoin, you can retire by 2027. That's literally like 13 or 14 months away. So, this kind of shows the order of magnitude in difference of how quickly you can retire and why I firmly believe that if you're in your late teenage years or your 20s, you should be focusing on trying to make more money so that you can buy more Bitcoin. Again, don't get me wrong. I'm a Bitcoin maximalist. 90% of these videos on this channel is about Bitcoin, but think about it logically for a moment. Assume you're an aspiring YouTuber. You're a young kid. You want to make YouTube videos. Is it really a good idea to put all of your $7,000 in Bitcoin and never touch it? Or should you go and spend $3,000 on a camera and try to make some money online? Look, that's just a question that you guys can ask yourselves. For me, I up royally by putting too much of my time, energy, and attention into Bitcoin throughout my 20s and I wish I'd focused on trying to make more money so that I could buy more Bitcoin a lot sooner than I did. But, that's not the biggest, I think, realization or lesson that people in their teenage years and 20s should be focusing on. I told you we're going to be looking at the one big lie of each age group. The 20s are a little bit of a special example cuz I've kind of talked about two. The second one I want to talk about is the university rat race.

[00:07:37]Another big reason for why I think you should put 50% of your time and energy into Bitcoin and 50% of your time and energy into trying to build a business to make more money if you're in your 20s is because I believe the university and the schooling system has clearly failed.

[00:07:54]I showed you guys all the receipts in the introduction of today's video. We are living in a retirement crisis and it is the educational system that is creating this retirement crisis. Because when most people get out of university, there's no jobs for them. Let's have a look at the numbers. So, we can see I was shocked by these numbers when I first looked at them uh in preparation for this video. Somewhere between 40 and 60% of students all across the West are being pushed to go to university in their teenage years and their early 20s.

[00:08:25]Now, what is the major problem with this? Before I talk about the major problem, just have a look at this little graphic quickly. Look at those countries. Canada, the UK, America.

[00:08:35]Which countries seem to be the most educated and which countries seem to be having the most issues right now? Again, just an interesting little tidbit I noticed in the research of this video, but again, my biggest problem here is summed that by this article headline here. The UK graduates are facing their worst job market since 2018 amid the rise of AI. Now, again, I'm going to get into maybe a little bit later on in this video why I'm personally skeptical that AI is going to be as disruptive as most people think, but I think more broadly, technology is absolutely changing everything and this is why I think you need to throw out the old handbook of what they teach you in school because it is setting you up for failure. Okay, so let's recap it for the people in their teenage years and their 20s. I think you should be 50% Bitcoin, 50% focus on building a business so that you you generate more money. Again, I think the university trap is the biggest lie told to people in their 20s. Now, let's look at the next age group up.

[00:09:45]Let's look at people in their 30s. Let's look at this pie chart because firstly, as you can see, it's a little bit different to the pie chart we looked at for those in their 20s. I think by the time you're in your 30s, you're probably having a family, you're probably ready to maybe settle down a little bit. And I can personally, again, this is just the way I think about things and what I've learned from far more successful people than me, maybe this is a time where you can put 10% of your net worth toward getting a home. And what else can you notice about this pie chart? The Bitcoin portion has actually increased and the business portion of this pie chart has decreased a little bit. Now, why is that? Well, I think that by the time you're in your 30s, hopefully you've been taking home run swings in your business for 10 or 15 years. And you've either figured out a business model that works or you haven't. I think by the time you're in your 30s and you've got a family, that's the time to be a little bit more responsible with your finances and maybe to take slightly less risks than you did in your teenage years or your 20s. Again, that's the time you should be taking swings. That's the time when you should be taking your $7,000 net worth and going and dumping it into buying whatever you want to buy that could make you more money. Maybe you buy a cheap and nasty cafe like I nearly did way back in like 2016. Maybe you buy a camera cuz you want to be a YouTuber. It doesn't matter what it is. I just strongly disagree with the idea of going 100% in Bitcoin with all of your money, despite what everybody says. Now, again, I've got so many gripes with the retirement videos on YouTube. But just ask yourself, if somebody's making videos telling you and showing you how to retire, but they're filming in their mom's basement, a $500 Corolla, or they're running around a park like a homeless man, how much can you actually trust their retirement advice? Cuz it's clearly not working for them. Just an observation that I'll let you guys dive a little bit deeper into, but let's look at the biggest problem facing those people in their 30s. Now, I did say, "Look, maybe you can put 10% of your net worth into buying a home in your 30s, but I think the housing narrative is the biggest lie that is setting most people up for failure in their 30s. Now, I know about this problem firsthand because I'm from Australia, the country with the biggest housing bubble in the world, and the propaganda to buy a home in your early teenage years, your 20s, or your 30s, it is insane. There's so many narratives and tropes in Australia trying to convince young people to buy houses. What do they say? "There's nothing as safe as bricks and mortar."

[00:12:33]Or, "You just got to buy land, mate. She always goes up over time." It's insane the amount of propaganda in the Australian media. And the Australian government is openly promoting the housing bubble. We have, and we were one of the first countries in the world to have a first home buyers grant.

[00:12:51]This is where the government comes in and gives people who haven't bought a home 20, 30, or even 40,000 dollars in some cases. Free money just to go and buy a home so that they are shackled up in debt for 30 years. And even on a separate note, this isn't the first home buyers grant. Australia is trying to push through a different scheme that would allow the government to become a partial stakeholder in homes, where they could hold up to 30% of a home. So, all of a sudden, it really makes you ask the The what will you actually own in the world if now the government is trying to get a bigger piece of that home than the bank has and that you has? Again, that's just an interesting thought experiment, but I think another reason for why the housing market propaganda is setting most people up for failure is because they're assuming that what the housing market did over the past 50 years will continue into the next 50 years. And I don't think that could be any more wrong purely because of this 5,000 year chart.

[00:13:56]So, this is the chart of interest rates going back 5,000 years.

[00:14:00]And you can see that massive spike in the year 1980s as one of the highest interest rate spikes in history. What we saw was that as interest rates were dropped from 1980 at about 20%, all the way to zero in 2020, this was the largest interest rate lowering period in human history and this was the best possible environment for the housing market ever to grow and to become the massive bubble that it is today. Where in Hong Kong, you need like 30 times the average person income to buy a home, in Sydney it's like 21 times, Melbourne it's 10 times, multiple cities in Canada have home to income ratios of like 15 times, which is insane when you think about it.

[00:14:50]And I just don't think that we can go much further. I don't know how much bigger this bubble can get blown up purely because interest rates can't be lowered another 20 bips. We're only at 4% today. There's not that far to lower it in the future. So, this is why I'm really skeptical and why I purely think that the housing market narrative is setting so many people up for failure in particular in their 30s. And I think too many families are going all in. They're they're spending 10, 15 years working.

[00:15:23]They're saving up a $50,000 or $100,000 down payment on a home, and they're buying a home that they can't afford.

[00:15:30]And they're 100% all in their home. And they're not doing this just because they're looking for a place to live.

[00:15:36]Many are doing this because they think it's also a good investment. And I'm just questioning whether that can be possible if interest rates are where they are today. And when you're thinking about an investment, most people measure house prices in dollars. And sure, if you measure house prices in dollars, they only go up and to the right. We can see US real estate value up 2,500% if you look at it over the past 60 years. But if you look at it in gold over the past 60 years, it's down 60% and it's actually down closer to 75% at the time of recording. And you can see a similar thing with Bitcoin. Easy, the average home priced in Bitcoin was 664 Bitcoin in 2016. In 2020, that had dropped by over 90% to 45 Bitcoin. And then 4 years later, that has once again dropped by about 85% to 6.6 Bitcoin. Extrapolate that trend out and as you can see, I did do that in the tweet. One home will be worth 0.66 Bitcoin in 2028. And by 2032, the average home could be worth 0.066 Bitcoin. Again, those are just extrapolations.

[00:16:55]That is just assuming that home prices do drop another 90% every 4 years. You run your own assumptions at home, but that is why I am incredibly cautious to recommend anyone in their teenage years, 20s, or 30s to go and get over leveraged on a home. I think it's the biggest lie affecting that particular age group. Now again, let me make another caveat like I did with the section about the 20s. I'm not saying homes are a terrible investment. I'm buying a home myself in the next few months, but I am going to do absolutely everything in my power to not sell any Bitcoin to buy that home.

[00:17:36]For me, I'm going to be buying the home and I think it's going to actually be an investment in my business so that I can make more money. And I'm also going to make sure they don't spend or sell any Bitcoin in the process of me buying the home. I borrowed against a good portion of my Bitcoin stack last week when we're in the $70,000 range. I put half a Bitcoin on Ledn. I got a $20,000 loan. I bought another 0.25 Bitcoin because again, I think buying Bitcoin when it's 40% down from its all-time highs, when we're living in this environment of a sovereign debt crisis, it's a no-brainer. If you want to do the same, you can use the link down below in the description and you can get 0.25% off on your loan with Ledn. Again, I think Ledn's a no-brainer and just learn to use the tools and get out of the system. Let's jump around. I want to actually jump all the way to the age group of 70-year-olds. And I want to have a quick look at this pie chart because it is very different. It's very colorful. It's very different and that is because when you're at a later stage in your life, I think it makes more sense to be a little bit more diversified. Now all I said was be a little bit more diversified. I've talked about this for years on this channel.

[00:19:00]Diversification is a terrible idea. The only people who diversify are people who don't know what they're doing in investing. It's as simple as that. Look at the richest people in the world. Elon Musk, Jeff Bezos, Mark Zuckerberg, all of the richest people in the world, they went all in on their good idea. Look at Michael Saylor. He's said it very clearly himself. Why diversify your assets? The only people who diversify don't understand what the superior technology is. You may as well go all in on what's the winner. Again, that's the caveat. That's my broad overview of the world. But again, if you're 70, and if you're looking to retire, maybe a 50 or a 55% allocation to Bitcoin is as conservative as I would like to get.

[00:19:50]Now, look at what else has changed on the pie chart for somebody in their 70s.

[00:19:53]I've put a 10% gold allocation there, and that is purely because of the perceived stability. And let's be honest, it is less volatile than Bitcoin is right now. And something else that I think is interesting that might need a little bit of explaining is the business portion of someone's portfolio. Again, this is just the portfolio that I think everybody should use to survive in the digital age. Again, we're in a different environment. The business section has shrunk down to 15%. Now, some people might look at that number and they say, "Why would grandma, who's 75 years old, be flipping burgers and making cappuccinos at her local cafe?" I'm not saying that, but what I am saying is that owning a business, again, that doesn't mean you're operating a business, but owning a business that you control and that you've had control over for 40 or 50 years, I think that is the new form of cash flow for people in their 60s and 70s. Now again, how is the traditional retirement account built on?

[00:20:58]It's built on the lie of the 60/40. They said that this was the retirement portfolio for everybody. Because if you had 40% of your money in bonds, that would give you stable income. And they said the 60% invested into stocks would give you the upside of growth in the economy. Now, the reason why I strongly believe that people in their 50s, 60s, actually now that I look at it, nobody should buy any stocks or bonds is because bonds have failed. The 60/40 has failed. We're living in a time where stocks are more overvalued than they ever have been before in human history.

[00:21:39]But will your financial advisor tell you that? Of course not. Is your financial advisor going to show you headlines like this? Bonds just had their worst decade in 90 years. Here's another one. The beloved 60/40 portfolio is in its worst stretch of underperformance in 150 years. And guess what? Every single one of your time and accounts, pension funds, 401(k)s, or superannuations, they are all stuffed into the 60/40. That's the sad reality of things. Your financial advisor has screwed you. They've sold you up the river. They've sent you sailing down creek without a paddle. That's what they've That's what they've done to every single one of you guys. Now again, this isn't a laughing matter. It's a serious matter. This is a retirement blueprint. I'm going to try to work my way through everything that I've learned over the past 9 years. And I think this chart here is a really important one that you guys need to think about.

[00:22:43]Again, we showed it earlier, but think about it again. The only reason the 60/40 worked for the past 50 years was the same reason for why we saw the biggest housing market bubble of all time blown up over the past 40 to 50 years. Because interest rates have been systematically lowered from their highest level in 5,000 years to their lowest level in 5,000 years. Think about that. We've seen the highest and the lowest in 5,000 years of history in our lifetimes. And yet, the financial advisers, the experts, the academic economists at universities who are paraded around as experts, they don't talk about this stuff. They don't care.

[00:23:27]I've got more ants on the economists here in a moment. Let's look at people in their 60s because again, in the 70s age bracket, the biggest lie that I wanted to tackle was the idea of bonds and the 60/40 portfolio. Now, let's look at the other component of the 60/40.

[00:23:42]Let's look at stocks because stocks haven't been as bad as bonds have been, okay? The TLT bond, the US 20-year bond, that is down by 60% since 2020. Think about that. All of the financial advisers, the gurus, the experts, they all said, "Oh, Bitcoin's too volatile. Buy bonds." Well, guess what? Bonds have been in a 5-year bear market. They've absolutely cratered in real value. Again, a TLT, it's down 60% but think about the yield. They've only averaged a 4% yield payout over the past 5 years. Where's inflation been over the past 5 years? Higher than 5% even if you trust and use the government statistics.

[00:24:30]Let's leave bonds to the side for the moment. I'm going to give myself a heart attack yelling about bonds. Let's look at stocks because a lot of people think, "Okay, stocks have been a better investment than bonds." And that is true but then haven't been as good as most people think. This here is a chart of the S&P 500. When most people price it in dollars, they say, "All right, we're up about 360% since the year 2001." That was the peak of the tech bubble mania. And you know, 360% returns, not bad. But how about what happens when you price the S&P 500 or the major stock market index in a different form of money. When you actually account for the expansion of the money supply, stocks are down since 2000. That means they haven't gained any value in 25 years. It's very simple. You can see global M2 increased by 5x from the 2000 to 2020. How much was the S&P 500 up in about that same 20-year time period? 360%. That's just about 5x. What a coinkydink. It's nearly as if all of that extra money has just been stuffed into the stock market and housing market. And those two asset classes are just keeping up with the pace of inflation. That's why when we come back on over to the pie chart for the people in their 60s, it looks pretty similar to the pie chart of people in their 70s. I don't think you should buy any stocks, any bonds. Your business that you started when you were younger should be your cash flow mechanism. And I still think you should be holding a ton of sound money, a ton of Bitcoin, predominantly Bitcoin, and a little bit of gold if you're scared of the volatility. Now again, if you're holding any Bitcoin, why is it superior to gold?

[00:26:14]It's superior because you can hold the Bitcoin easily. I could hold a billion, 10 billion, a trillion dollars of Bitcoin on a USB hard drive. No government would know about it. No airport security, TSA, criminal would could take it from me. And that is very different with gold. With gold, you can see that the same is simply not true for those who try to take gold across borders. This article here still cracks me up. This is the perfect visualization of what happens when your financial advisor puts you in a canoe and sends you sailing up creek without a paddle. This is what happens. I don't know about you guys, but those massive things don't look like nuggets and I don't think they'd be too comfortable up the wazoo. This is why I think Bitcoin is superior savings technology. Again, what's the first rule of Bitcoin? If you don't hold your own keys, you don't hold your Bitcoin. Bit Key has created the simplest, easiest to use multi-sig hardware wallet. If you use promo code Luke, you can get 10% off one of those. And again, what's the next rule of Bitcoin?

[00:27:23]Don't back up these hardware wallets with paper. So many people think that they've backed up their Bitcoin hardware wallet by writing down their 12 or 24 words on paper. Don't do that. Put it on titanium. Again, what happens if you've got a house fire or a flood? Well, guess what? Your pretty little Bitcoin hardware wallet's probably going to melt or if it's submerged underwater, you might it might break. And guess what's going to happen to that pretty little piece of paper with your Bitcoin 12 or 24 words on it? It's not a backup anymore because that thing is incinerated.

[00:28:00]This is why you should only be putting your Bitcoin 12 or 24 words onto titanium. If anybody has a hardware wallet and you figured out how to put your Bitcoin on this, it's an absolute no-brainer to go and stamp your 12 or 24 words into titanium.

[00:28:16]So, do that. Check out Stamp Seed.

[00:28:18]They're going to give you a 15% discount on anything you want to buy from them if you use a promo code Luke 15. Now that we've got our precious Bitcoin in one of these, a hardware wallet, and hopefully it's backed up, let's talk about some more actionable solutions and strategies and some things that they simply don't teach you about at school. To do this, let's look at the final age group I want to talk about. And that is the people in their 40s, and let's start by tackling the biggest lie that is told. People realize it's a lie when they're in their 40s, and that is the great 9-5 prison cage. Now, the 9-5 is a lot like the university trap that we talked about earlier. I kind of shocked me that so many people go to university, and those who don't go to university, probably 90% of them go and get a 9-5 job because we're all told starting a business is too risky.

[00:29:15]There's that common statistic 90% of businesses fail. And the more I look into this stuff, the more skeptical I become of all of those statistics. And when you start thinking about things from first principles, kind of makes sense why a lot of those statistics might be inflated or exaggerated or flat out lies like 2020. Because when you start thinking about things, does the government really want somebody who can operate a business self-sovereignly without relying on the government or without relying on the educational system? Of course not. And this is the great 9-5 lie. We're told that if we're good people, we're good little peasants, and if we work for 50 years, maybe just maybe we have just enough money saved up in our little retirement piggy banks by the time we're 70, and then we can do a little bit of traveling and do the things that we want to do after being a slave for 50 years. That is traditional advice today. But we can see that even that cute lie has completely failed.

[00:30:17]More than 50% of Americans, again, this is the richest country in the world, are retiring with zero money in their retirement accounts. Cost of living is way too high, and the dream of retiring after working a 9-5 for 50 years that you hated, it's barely there for most people. And this is why I think it's a massive lie, and even going a step further, which could be a little bit more of a controversial step. So again, caveat, stick with me here. It might make sense. I actually think it's more risky to go and work a 9-to-5 today than to start your own business.

[00:30:53]The first reason why I think that is AI.

[00:30:55]Now again, like I said earlier, I I don't believe AI is going to be as disruptive as most people think. I don't think it's going to take 70 or 80% of jobs like some projections put out. But I think it's going to take 20 or 30% of jobs in most industries. Obviously, some industries are going to be more disrupted than others. I get all of those caveats. But just think about things. If 20 or 30% of all jobs in all industries are gone, what happens to your job? And again, just hypothetically, let's assume you're 40 or 50 and you've been earning a paycheck doing a pretty, let's be honest, menial task over the past 10 or 20 years. What happens when you're fired? I mean, as much as it's not nice to admit, if you're 65 and you just got laid off and you go and apply for a job where you're being pegged up against an 18-year-old, they're probably going to give the job to an 18-year-old. This is why I think it's more risky to take on a 9-to-5 job cuz you could be 40, maybe you have two kids, a big mortgage, and all of a sudden, you're fired. What happens? Did the skills that you learned, which are, again, typically very narrow skills, are those skills valuable again?

[00:32:12]Think about it. If you got fired because AI has displaced your job, the likelihood that a competitor is not using AI and is looking to hire someone with your same set of skills that were just made mute or irrelevant by artificial intelligence, are you so sure that you can take those skills and just go and get another 9-to-5 job somewhere else? I don't know, but this is just a thought experiment. Like for me personally, I'm incredibly confident that if for some reason my business got shut down and went to zero tomorrow, I have been lucky enough to learn a lot of different skills over the past eight or nine or 10 years trying to make money online and starting multiple different businesses, I could go start another business tomorrow and make a million dollars in a year starting from scratch like that. Now look, that's just a question it's a question that I've spent many hours thinking about over the past 10 years. I've written a whole chapter on it in my book, but for me, I think from the mind of a business owner or an entrepreneur, they are less worried about losing a business or having to start from zero. Again, I got my YouTube channel completely deleted a few months ago, which was thankfully just a mistake. Again, I follow all the rules on YouTube, but 80% of my revenue is based on YouTube. A lot of people like, "Luke, did that scare you?" To be quite honest, as much as I love YouTube and as much as I love having this platform with you guys, it didn't scare me because I was confident in the skills that I've built. I could just start the exact same business that I have now and maybe next year I could easily make six figures, maybe seven starting from zero the next year. And again, I think a lot of business owners have that same confidence because to be an entrepreneur or a business owner or trying to make money online, you have to juggle and develop lots of different skill sets, broad skill sets that are always useful.

[00:34:07]This is very different with a typical 9-5. It's typically a very narrow skill set. So again, I think that's one of the biggest lies facing people in their 40s.

[00:34:16]Let's go back to our pie charts. What I think is the best allocation for somebody to survive the digital age in their 40s. So I think your peak business years should be your 20s. So this is why I think 20% of your time or money should be in business in your 40s. It's come down a lot from that high 50% figure in your 20s when you should be swinging for your fences, okay? Now, you've actually got the biggest Bitcoin allocation than any other age group or age bracket. I think if you're in your 40s, it kind of makes sense to have a 70% allocation to Bitcoin. And you can see the housing allocation, that's a 10% uh a lot of people say that's low, but again, this is just how I'm personally thinking about portfolios. With again, I have a maybe a different mental view of the world. I believe we're in one of these transitions into the digital age. This kind of gets me into the summary. What is the biggest lessons from this video, which I know has been a long one. So again, if you're still watching this, uh thank you so much for still watching this. If you are enjoying this, make sure you subscribe cuz I've got a ton more deep dives coming for you guys. And this isn't the only deep dive we've taken on this topic, but what is the takeaway? My biggest takeaway is the educational system and the entire workforce is sending people in the wrong direction. They're assuming that 99% of the economy is based on the industrial era. The same jobs in the same factories and the same big mega cities are the only opportunities and the only ways to make money. That's not true. I firmly believe we're living through the first big decentralized revolution, and I think maybe whether it's 5 years, 10 years, or 15 years time from now, I think the industrial age or the industrial economy will not shrink, but it will only represent 20 to 30% of the global pie, so to say. I think 70 to 80% of the economy in 5, 10, or 15 years, it'll be based online. It'll be in the information age, and this is just something that is not talked about in school, and it's the biggest thing I've learned over the past 9 years, where I've literally essentially just been obsessed with this idea of business, technology, and making money online.

[00:36:34]I've literally read 100 books a year, and I think this is the most important lesson I've learned. But, it's not the only lesson I've learned. Recently, I released a video where I looked at the eight biggest lessons that I've learned about money. If you do want to learn a little bit more about that, I'm going to put a link to that video somewhere around there. With all that said, thank you so much everyone who watched this one. Let me know in the comments down below what you thought of it, and I'll see you all in the next one.