2024-04-15 06:11:16
pensionHow much is enough?
This issue is discussed every once in a while. As a retired person, I would like to talk about it.
First of all, let me tell you an idea. Most people use a fixed amount to calculate, and then the more they calculate, the more they calculate. In the end, they have to keep working because there is never enough money.
The general algorithm is based on the average life expectancy of Chinese people, for example: the average life expectancy of men is 77.7 years, and that of women is 84.3 years. Then deduct your age when you retire, and then multiply it by the estimated annual expenses. The total number is the amount of money you will need when you retire. prepareassets。
General algorithm, let me show you the actual calculation:
Generally, it is possible to use the couple as a unit and calculate them together. First, assume that the monthly expenses are 50,000, and the annual expenses are estimated to be 600,000. Calculation is based on the age of 80, and the retirement age is set at 55, that is (80-55) * 60=15 million.
If this algorithm is used, the couple must save a total of 15 million. According to government statistics in 2021, the average net asset value of each household is 13.59 million. The definition of net assets is positive assets minus liabilities, so it includeshouseof.
According to this calculation, if a couple wants to retire at the age of 55, they must have a house and 15 million. To be honest, it is too harsh! Because in the Shuangbei area, the starting price for a house is 15 million, which means the net worth will exceed 30 million when you retire! (The house is usually paid off when you retire, so it is 1500+1500=3000).
The above algorithm is based on the current life span of Chinese people. Who knows how many years they will live?PlusInflation, in the end, you will give up the idea of retiring directly. So, this is not my algorithm, it just illustrates the common algorithm when asking about retirement amounts.
Today we are going to use a more practical approach, which may be able to solve this dilemma! First of all, it is best for you to have a house that you can live in. This can protect your retirement life and you don’t have to worry about rent. And when you get older, you will also have the trouble of not being able to rent a house. It is better to have your own house. appropriate!
Some people may think of retirement villages, but those programs are handled by private companies. Even if they are done well at the beginning, what if there is a serious illness or other reasons, such as: living too long and not enough money to continue living?
My plan is to design the amount of passive income based on monthly expenses after retirement (don’t use pre-retirement, because the expenses are different). So how to do it? Our initial passive income should not be set too high. We will use 40,000 as the basis. Because this amount is relatively easy to achieve, 40,000 is the sum of the passive income of the couple, which equals 20,000 for each person.
The next thing to do is to make an investment plan. Assume that the average annual return on investment can be 6~8%. You must have remaining money every month to invest again, so that your assets can grow slowly.
There are a few key points here:
1. Assuming that your family will use up all your passive income, it means that your passive income is not enough. Then it will have to be a little longer before retirement. For example: Assuming that after retirement, the couple still spends 40,000 yuan a month, then your passive income may be at least 50,000 to 60,000 yuan. Don’t overcalculate, otherwise you will never think about retirement in your life.
2. How much do you need to prepare to generate a monthly passive income of 40,000?principalIs that enough? We will probably capture about 6 to 7 million. What to invest in? This is another issue.
3. What difficulties do you usually encounter? It is possible to pay off the house loan when you retire, but it will require an additional 6 to 7 million yuan, which will be difficult in the northern areas with high housing prices.
The main thing is that I have 6 million to 7 million, but I still have some housing loans. Or maybe the house is paid off, but there isn’t much left!
4. What some friends do is to sell a house with a high price and a high square footage and buy a house with a low square footage and a low total price (because the children may be married). A house with two bedrooms or a large suite may be enough for the two elderly people to live in.
5. Are there other ways to expand assets?Yes, you can expand your principal through safer borrowing methods and quickly increase your passive income. There are two safer ways, one is stock pledge, and the other isfinancial managementThis is also an item that requires homework.
in conclusion
1. Prepare a house before retirement, as well as a stable monthly passive income, and there must be some surplus every month, and try to invest all the remaining money.
2. When your cash flow is much higher than your monthly retirement expenses, you will need to make some expenses for traveling. As long as it is within the range, it will no longer be restricted. As for how many years it will take to achieve this after retirement, it still depends on how to do asset investment planning, rather than looking at a fixed wealth number.
◎The content of this article has been obtained Taibei brother talks about finance authorized,The original text is here; Reprinting without permission is prohibited.
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