I am 56 yrs old retired military. I took a 85,000 dollar pay cut about six months ago and am now working a summer job for 9 bucks an hour that will end in one month. Being retired is helpful pays rent, utilities, phone ect but not much left over after that. I went from living in a 3500 sq foot home in Pahrump back to the homeland in northern Montana. I have no debts but after clearing out of Nevada and paying everything off I also have no savings left. When you are taking home 1500 hundred a week in a secure recession proof job you tend to accumulate toys and taking trips ect. I have found out that age discrimination is a real thing and have pretty much given up on finding a "real job" my nut is small and I if I can grind $30-$50 bucks a day would make it fine.
I have been playing poker recreationally for a couple of decades I have a good poker library used to belong to drag the bar and have been a winning player. I played mostly limit and omaha 8 when I lived down there I played at the Venetian, Belaggio, and limit Omaha at the Orleans.
After black Friday I have not played online I just put 600 bucks on Carbon Poker with a %200 bonus giving me a good overlay. My question is for bankroll management I am well rolled for 1/2 limit and have 60 buyins for 10N/L. For 25 and higher N/L how many buys in would be a good rule of thumb? I have read Dusty Schmidts book and he recommends 100 buys in which seems a bit much.
Thanks for the help in advance.

online is a whole different beast than live. i only played online but i've heard that online is harder than live. this is due to online lowest limit being 0,01/0,02 and live its 1/2.

im not so sure you're able to make a good profit online whereas you may be successful live. try to read up on some information about differences in game and get better where needed.

omaha also has more variance than hold'em so more buyins are recommended.

live is 10x easier to print money compared to online.

You can probably make $15hr playing fit fold #1/2nl live.

I live 60 miles from a live poker room in Great Falls, Montana so I will have to try to grind mostly online with weekend trips to the big city to hit some card rooms.

You are a grown-up man with a lot more life experience than me. So it feels odd to give you any form of advice. But still...

-online is more difficult than life, so start lower, than you used to play life
-NL is other game than limit, so start lower until you see, that you are winning
- if you find enough tables Limit on carbon and you played limit before, start with that. You can add NL later. I play Limit cash games and NL tourneys on PS. 600 is enough to play 1/2 LH. And you can make 10$/hour in this game. If you go in NL and NL is really new for you, play lowest possible.
-money matters to you, so be on the overrolled side with your BR. 100 buy-ins is a good rule for a beginner.

I would start absolute micro NL and do about 20 k hands there. It is done in 3 days, if you put your hours and then you will see, if and how well you are doing.

When your BR is your sole source of income I don't think being overrolled can hurt.

OP, you should read up on the Merge network where carbon is. At least I think it is so somebody correct me if I'm wrong. They are horrible at paying and cashouts can take months sometimes. The games are nitty and tough since there are so few recreational players. It would be seriously hard to make anything decent and even $50 a day will be pretty tough to do with consistency playing micro NL games and you would need to be putting in pretty good volume at that.

If I were you I would forget about relying on poker as an extra income and just keep looking for a better job to supplement your income.

Why and how was your pension cut? Is this part of the sequestering?

Why not play live poker? Probably be more enjoyable and profitable to grind 1/2 than micro stakes online poker.

He said he moved to Northern MOntana I dont see them on my bravo

My pension is fine but its only 20k a year. I was working for a corporation for 8 years and was in middle management when I got a new boss who wanted to get rid of the people there and put her own people in. I got written up and suspended twice in ten days then had to sign a page long list of expectations so I resigned took six months off in Thailand .

Is also checked the merge cash out thread they are doing much better now than they used to. I also put some money on bodog

That sucks! Companies actually suspend employees?? Wth? Were you working for the Dodgers or somehing? I never heard of that except for with sexual harassment. Even then youre more likely to get fired than suspended. Whats a recession proof job? Food industry? Hospital? 8 years in Nevada and now youre in Montana. Too bad you didnt make this thread while you were still in Nevada because Live is the way to go. Youll commit suicide trying to make a living grinding micro NL. I dont know about Limit online. I didnt know you could play 1/2 with 600 BR. Might be some casinos north of the border too.

Bankroll management is simply a system meant to ensure you dont go broke, by providing you with enough money to survive some variance, or move down to the next lower level. If you're not going to play any lower than NL25 since nothing else can pay the bills, then your bankroll is kind of irrelevant. I mean I would start with 5 buyins just to make sure I dont get coolered or sucked out on the first few hours at the table.

Most people advocate 20 buyins for any limit, with the idea being that if you went on a downswing and lost 10 buyins, you could drop to the next lowest level and already be rolled with 20 buyins. In your case since you already deposited $600, just stick with NL25. To make $50/day you're going to have to multi-table, so you might want to start at NL2 just to get the hang of it. Once you're comfortable scanning the screen with your eyes and remembering 4x the information as you normally do, go back to NL25.