news 
Here’s How Much XRP You Need to Buy Now to Retire By 2040
Planning for retirement is a daunting task, especially when it comes to calculating how much you need to save. The key factor in this scenario is the potential return on investment (ROI) that an asset can offer. For many cryptocurrency enthusiasts, XRP has become a popular option due to its rapid growth and expected future rise.
According to forecasts from Changelly, a crypto exchange, XRP’s price could reach $170 by early 2040, and possibly hit $1,474 by the end of that year. While these predictions are not set in stone, they provide valuable insights into what the future may hold for this digital asset.
To achieve retirement goals, it’s essential to have a substantial amount saved up. In this scenario, let’s use the widely accepted rule of thumb: replacing 75% of your pre-retirement income. Based on U.S. average salary data from 2024, we’ll assume an annual income near $67,920.
To meet this requirement, experts suggest saving an amount roughly ten times your annual income by retirement age. This translates to approximately $6.79 million for our example individual. However, this figure may need adjustment considering the cost of living in a specific region.
Now, let’s explore how XRP could contribute to this goal. A more realistic and achievable option is holding 10,000 XRP tokens, which currently costs around $20,700 at $2.07 per token. If Changelly’s projections hold true, such an investment could grow exponentially. Under the upper-end prediction of $1,474 per XRP by the end of 2040, this portfolio would be worth over $14 million.
Considering these factors, the takeaways are clear: for those who believe in XRP’s potential and plan to rely on it for retirement income, investing a substantial amount now can make all the difference.
Source: timestabloid.com
