3.5 million The minimum standard for the average person to achieve financial freedom!
After more than three years of the pandemic, many people are facing reduced income or job loss, and everyone hopes to achieve financial freedom one day. In this way, they can live a life where they don't have to go to work to earn money, don't have to sleep until they wake up naturally, and don't have to worry about food and clothing. So, how much money does the average person really need to achieve financial freedom?
Therefore, some industry experts said that 3.5 million is the minimum amount for ordinary people to achieve financial freedom. But there are also objections: 3.5 million can indeed achieve financial freedom if they live in third- and fourth-tier cities, but if they live in first-tier cities, it may be difficult to achieve financial freedom due to the high cost of living.
We believe that with 3.5 million, we can actually meet the minimum standard of financial freedom, which is mainly analyzed from three aspects: First, with 3.5 million, you can definitely live a good life by relying on deposit interest. Although bank deposit rates are getting lower and lower. However, the interest rate on 3-year fixed deposits in many banks is still 26%。In this way, the average annual interest income is more than 90,000 yuan, which is enough for the normal expenses of an ordinary family.
Secondly, even if we take out the 3.5 million yuan and deposit it in the bank, it will take at least fifty or sixty years to spend 3.5 million yuan if the whole family spends 5,000 yuan a month and 60,000 yuan a year. Obviously, even if the whole family spends 3.5 million yuan, it will be difficult to spend it in this life.
Of course, there are also those who believe that the purchasing power of 3.5 million will be gradually diluted due to the price of goods year by year. However, the most unfortunate people with low savings, not those with large amounts of wealth, are the most unlucky for prices. This is because inflation will directly bring survival problems to poor families, and for families who have already achieved financial freedom, the most they can do is a decline in their quality of life, and they will have no worries about food and clothing.
Thirdly, in addition to the cost of living, ordinary citizens also have to face the problem of rising medical costs year by year. In fact, nothing you eat is a guarantee that you will not get sick. For the poor, once they get sick and spend hundreds of thousands of yuan, they will basically go bankrupt.
For those who have achieved financial freedom, even if they spend a large amount of money on medical treatment, as long as their body can recover their health, there is still a sum of money that can continue to meet the expenses of daily life. Obviously, 3.5 million euros is enough to cover the costs of illness and retirement. At the very least, you don't have to worry about the need for money anymore.
However, for the average salaried person, the deposit can reach 1 million, although the maximum limit is 3.5 million is also an impossible task. According to the relevant person in charge of the bank, there will be a very small number of bank deposits of more than 2 million, and the deposits of more than 3.5 million are mainly private business owners and executives, individual industrial and commercial households, flexible employment personnel and other groups. Of course, there are three main ways for ordinary people to quickly achieve financial freedom:
Inherit the legacy left by the previous generation, such as houses, warehouses, etc. 2. Facing demolition in big cities. Today, compensation for demolition in large urban centers is at least more than 3.5 million. 3. Buy a welfare lottery ticket to win the jackpot, if you are lucky enough to win the first prize, the prize is millions. However, the probability of winning the jackpot is extremely small, even if it is a two-color ball, the probability of winning is only 1 in 10 million.