If we don't pay social security and deposit 1,500 yuan in the bank every month, will we be able to retire after 15 years?For a long time, the issue of pension involves everyone's vital interests and has been a topic of extensive discussion in all walks of life. Recently, some netizens raised a question: If we choose not to participate in social security, but save 1,500 yuan in the bank every month, will it be enough to maintain a pension life after 15 years? In this regard, some people think that the way of saving for retirement is not reliable enough, and some people also think that only through saving can they be more at ease.
There are two main reasons for those netizens who propose to choose savings for retirement: first, the social security payment continues, and the income growth of enterprise employees is relatively slow, and the burden of social security payment is gradually increasing. Another reason is the growing call for postponement of retirement and extension of the number of years of social security contributions. Many employees worry that the retirement age may be extended, which makes it less cost-effective to pay social security.
Let's do a simple calculation, if you store 1,500 yuan per month, you can accumulate 18,000 yuan in a year. After 15 years, the savings will reach 270,000 yuan, plus about 30,000 yuan in interest. Basically, you can have more than 300,000 yuan in savings after 15 years. If you choose to retire at the age of 60, a person's monthly living expenses are 2,000 yuan, and the annual living expenses are 24,000 yuan.
This means that saving 1,500 yuan a month, after 15 years, can only cover 13 years of retirement time. In other words, you can barely cope with the retirement under the age of 73, but if you live beyond the age of 73, you will not be able to maintain the retirement life. And that's without taking into account factors such as medical costs, inflation, and falling interest rates on savings. Obviously, there are too many uncertainties in relying on savings for retirement, which is not very reliable.
If you choose to pay social insurance on a continuous basis, the advantages of social insurance are obvious. Compared with savings pension, social insurance has three major benefits: first, paying social insurance can not only provide old-age security, but also include medical care, unemployment, work-related injury and other aspects of protection, which is not available for savings and pension; Secondly, after participating in social insurance retirement, not only can you receive a pension, but the pension will increase year by year, which can resist inflationary pressure; Third, savings pension may face the problem of a long life expectancy and inability to achieve the pension goal, while by participating in social insurance pension, you can receive a pension for life until death.
Of course, everyone can choose the pension method according to their personal situation. For example, if you have paid social insurance when you were young and have completed the contribution period, you have now reached the statutory retirement age and can receive a pension, although the pension is only 2-3,000 yuan, you can save more money to cope with the low pension problem when you are young. In addition, if you are a flexible employee who thinks that the pressure of paying social insurance is too great and there is no need to stick to it, you can choose to save for retirement, that is, save a sum of money every month, and after accumulating 15-20 years, it can be used in old age. However, those who are ready to save for retirement still need to purchase critical illness medical insurance to reduce the possible pressure of seeing a doctor**.
In fact, there are many ways to welcome life in old age in today's society, and it is not limited to a single model. It is necessary to adopt a variety of pension methods and flexibly use various means to ensure a more fulfilling and happy life in old age.
February** Dynamic Incentive Program