Insurance Blog

 Recommended Yesterday was the Double Ninth Festival, pension planning is also once again aroused the concern of many citizens. For many young people in terms of old age is a matter of several decades later, it seems it is a relatively distant topic. May in fact, old-age pension has become an increasingly serious social problems, financial experts suggest that as soon as possible for retirement financial planning, the sooner the better.

The sooner the higher the investment return

European and American developed countries, "first after the old" On the contrary, China is a typical "not rich before the old"-type state. Population aging and the basic old-age insurance business a long time the status of income over expenditure and decided to meet only a portion of social security old-age pension who demand a lower level. And pension pressure 70,80 later, this generation of people who particularly strong. According to forecasts released by Allianz, one in Shenzhen and other cities to live, work 30-year-olds, assuming that the simple life of a monthly expenditure of 2,500 yuan, the retirement age of 60 need about 6000 yuan to maintain similar life Quality, not including themselves and their parents, parents-in medical expenses, and do not include travel, New Year's money and other social spending.

  So what should be considered when the pension problem? Opinion of experts, it should be an early planning, the earlier the investment, the higher earnings. With a 30-year-old middle-aged man intended to purchase insurance for old-age pension plan for comparison, alternatives, there are two, one from now on, an annual investment of 6000 yuan, the investment period of 10 years; second, 10 years later started to invest in , the annual amount of investment and investment in the period were the same. To invest 5% annual return is calculated can be found, to its 65 years of age, the accumulation of capital is 268,000 yuan respectively, and 16.4 million shortfall was as much as 100,000 yuan.

Diversification of investment and a reasonable calculation of pension costs

Financial experts suggest that rational use of financial instruments can effectively resolve the pension pressure. For the pursuit of low-risk elderly people, reasonable asset allocation can diversify risk, comprehensive financial tools for a variety of advantages, both for daily life to stay in cash flow, but also ensures that there is a good medium to long term gains.

Pension involved in a long time and more complex issue of pension costs, the current situation of asset accumulation, retirement income, day to day spending needs, the inflation rate, expected return on investment rates, and program planning, time, and many other factors determine how much in the end pension costs. Financial experts suggest that could be taken two ways to calculate pension costs: First, assume that the age pension plan, according to the expected future earnings to calculate the monthly disposable retirement pension payments; Second, assume that the age pension plan, a monthly pension after retirement expectations to calculate the present level of funding for pension and calculation of the expected return of investors at what level the need to reach the pension plan.

Shares should not be used for old-age savings

In a variety of financial instruments, the most common are bank savings and bonds, financial security, can be more flexible way to access, but the impact of income affected by the recent interest rate is generally time deposits of up to five years, in recent years has been in the money market interest rates down range, the bank's assets and even the possibility of devaluation, to one-year deposit rate, for example, in 1990, 10.08%, and the present is only 2.25%; stock returns seem high, but with a very high risk, the general is not recommended as a major part of retirement planning.

For the old-age insurance products is undoubtedly the most important choice. Financial experts point out that, compared with the savings and insurance can provide funds for as long as several decades of operating time, usually when the insured interest rate as the guaranteed interest rate of reference, many of the last century, 90 years to buy pension insurance products to customers is undoubtedly the greatest beneficiaries; Second, the insurance had been "semi-compulsory saving" effect, to avoid the uncertainty of the use of funds, so that funds for the purpose; most important thing is, when the incident occurs, the only insurance can be paid in the shortest possible time a much larger than the amount of investment of insurance fund in order to meet their urgent needs. As the price of life insurance products is relatively high, we could choose a long period of payment products, purchase to pay attention to the selection period, rather than lump-sum premium, you can put a premium dilution, equivalent to an increase of support functions. In addition, there is a family protection arrangement skills, so that middle-aged parents and children together, "proportional sharing" is also a lot of people a new choice.

But in the current insurance proceeds generally low, and even a "premium inversion" of the circumstances, the public can turn to other savings-based financial management. Currently on the market for financial products, all kinds of preservation funds, money market funds, low-risk bonds, foreign exchange financing have the choice, the safety factor is also relatively high.