"Give a man a steak and he will eat for a day. Teach a man to stake and he will eat forever"

So, I found this website that tells you how much ADA you need to be able live off staking rewards for the rest of your life. It takes into account the APY, how much you own, the price of ADA, and your income targets. There is also an option that calculates how much ADA you would need to retire!

I also found it insane that the amount of ADA you need to live off staking rewards isn't that high and if you were able to buy some back when ADA was a few cents then you would likely have bought enough ADA to already live off staking rewards. Staking does seem like a very clear path towards achieving financial freedom.

Here is the link for the website: https://www.cardanowithpaul.com/calculators/

Hope some of you can find some use out of this!

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P.S

I was eating steak whilst I made this