With the development of society, how individuals plan for future retirement has become a topic of concern for many people. Some people have raised the question of whether if you deposit 1,000 yuan in the bank every month, will you be able to retire after 15 years?This is a question worth pondering.
From a personal point of view, a regular deposit of 1,000 yuan per month can indeed accumulate a certain amount of money in 15 years. Assuming an annual interest rate of 3%, the cumulative amount will reach 19 after 15 years20,000 yuan. This amount of money can be withdrawn from 1,600 yuan per month after retirement, which may be enough for some individuals to spend their daily living expenses.
However, there are risks associated with relying solely on individual accumulation. First of all, 19It remains to be seen whether 20,000 yuan will really be enough to cope with the pension needs for up to 20-30 years after 15 years. Secondly, the health status of the individual is uncontrollable, and long-term illness may lead to a sharp increase in medical costs. Moreover, inflation is an unpredictable hidden danger for personal accumulation, and it is difficult to conclude whether 1,600 yuan is really worth so much after 15 years.
Compared with individual accumulation, the social security system has a better ability to prevent it. The social security system is an institutional arrangement for the whole society to share the responsibility for the elderly. Not only can it provide insured individuals with a fixed monthly pension after retirement, but the pension level will also be adjusted according to inflation;At the same time, it also provides medical protection for insured individuals in case of illness. This means that social security can better make up for the shortcomings accumulated by individuals and provide more stable and reliable protection for individuals when they retire.
Of course, the social security system itself is also facing a shortage of funds. However, compared with individuals, social security as a system has a more powerful ability to adjust. The sustainability of the social security system will be well guaranteed through continuous reforms, such as a modest increase in the contribution standard and retirement age, as well as the introduction of personal accounts.
In short, personal accumulation and social security are not opposing choices, they should be complementary. Individuals pay social security premiums regularly every month, and at the same time appropriately increase the scale of personal accumulation, both of which will be the most secure strategy for the future pension. Only with the participation of the whole society can we build a sustainable security system to jointly address the problem of population ageing.