Retirement Risks and Retirement Planning

A few days ago, I studied "Retirement Risks and Retirement Planning" shared by Professor Hu, a doctor of management from Tsinghua University, and gained some insights

With the development of the economy, people's life span is extending. , the population birth rate is declining

Aging is also becoming more and more serious. The 7th census has verified the aging trend

The birth rate is declining, the mortality rate is declining, but the life span is increasing. Extended, those born in the 80s, 90s, and 00s will live longer and longer

The pension resources in the future may be very tight. Among other things, social security and pensions must become increasingly tight

Because Social security pensions are a pay-as-you-go system. Those who are currently working pay, and those who are retired now receive the money.

To put it bluntly, the young pay money to the old.

In the past There are more young people and fewer old people. There is no problem in doing so. The pressure shared on each young person is not big

But it is different now. There are fewer and fewer young people and more and more old people. If there are more, the burden will be much greater among each young person. By 2050, one out of every three people will be an elderly person

Those born in the 1940s and 1950s will only need to prepare 5 yuan for themselves depending on government pensions, corporate employee benefits and child support. By saving, you can support your retirement

People born in the 1960s and 1970s can still rely on this, but their savings must rise to about 20 before they can support their retirement

To 80 How much social security can the post-90s generation still receive?

It is estimated that they will not be able to receive much, and they have to extend their retirement and rely on their own savings to retire early

This is why the country changed from the second-child policy We will implement the three-child policy, launch a delayed retirement plan, develop a silver economy, and promote the development of the elderly care industry...

The country is also anxious.

After retirement, your income may drop significantly, but your consumption will not, and you will still have to spend money on living expenses

Can you smoothly transition the money earned in a while to a lifetime? Flowers are particularly important

If asset allocation is not done well, retirement will become the largest and most long-lasting liability in life

Nowadays, real estate accounts for 55% of the wealth of ordinary people.

There is a joke: If you are so poor that you only have a house, and you only have to eat for more than ten yuan, your quality of life and happiness index will seriously decline

The proportion of real estate in GDP is too high. This is unreasonable

The proportion of real assets is too high, and the proportion of financial assets is too low, so the country now needs to adjust the asset allocation of the people

China’s insurance and pension There is a problem with the proportion, which is far behind the configuration of developed countries.

The average social security payment received last year was less than 3,000, which is 40% of the current average salary.

Social security only emphasizes coverage and fairness. If you want to have a better retirement life, you can only rely on yourself.

That’s why the country is emphasizing the development of the third pension pillar at large and small economic and financial conferences and calling on people to allocate commercial pensions

The sooner you plan for retirement, the better. The earlier you do it, the easier it is. This is to seize the time value of money.

Be prepared when you are young. If the time is long enough, be a friend of time. Through compound interest, you will invest less and get more, and be ready easily.

Instead of waiting until you are ready to retire, you will be exhausted

There is no secret to retirement planning, just make good use of your time

Everyone’s minute It’s all like this,

Your time is also passing, his time is also passing, but time may not be fair to everyone

It is the same as fund fixed investment

Those who have made plans

His time has a positive value-added effect, and time is a very good gift to him

If he is not prepared , longevity may make retirement become endless

There are many "silver-haired groups" in Japan who are still working

The best and most accessible way to deal with longevity risks is, It’s an annuity insurance, it’s a lifetime of cash flow

This is an insight shared by Professor Hu, an analysis from the macro to the specific situation, shared with everyone