If you don't pay social security, if you deposit 1,500 yuan a month, will it be enough to support your old age after 15 years?
In China, the elderly are a special group of the elderly, and the elderly are a special group. Relying on traditional pension models such as children and unit pension can no longer meet the needs of today's times, and more and more people have begun to plan for their pension from personal savings and commercial insurance.
Therefore, if we do not pay social security and save 1,500 yuan a month in the bank, will we be able to solve our living needs after 15 years?
1. Comparison between the social security system and the individual deposit system.
First, it is necessary to understand the differences between the social security system and the private deposit system. Social insurance is a social security system for the purpose of pension and medical care.
Through the payment, we can enjoy the social insurance provided for us, and the most important thing is pension. A private deposit is a private activity in which you have to save a fixed amount of money every month for urgent use.
Both the social security system and the individual deposit system have their own advantages and disadvantages. The social security system has the characteristics of compulsory, universal, and mutual assistance, and can provide relatively stable social security for the people of our country; However, due to its flexibility, autonomy and control, people can tailor their savings to their needs and realities.
2. Save 1,500 yuan a month, and you can save money after 15 years.
If we save 1,500 dollars a month at an interest rate of 3% (in this case, at 3% interest rate, the situation will change in reality), then in 15 years, our capital will accumulate to 328,98908 yuan. This amount of money may seem like a lot, but can it really solve our needs in old age?
Third, the pension needs of the elderly in China.
The living needs of the elderly include living expenses, medical expenses, and leisure and entertainment expenses. As we age, our physique becomes weaker and weaker, and in order to stay healthy, we have to spend more money. In addition, the cost of living will be higher in the future because of reasons such as inflation. This requires us to make a rational evaluation of our own pension requirements.
According to the current price standard, assuming that we spend 5,000 yuan a month (including food, clothing, housing and transportation, etc.), and spend 10,000 yuan on medical expenses (including regular physical examinations, medicines, etc.), we will spend more than 60,000 yuan a year. If we want to maintain this level for 15 years, after 15 years, we will have a pension of at least 9 million.
Fourth, the study of capital differences.
By accumulating with 15 years (328,989.)08) Comparing with China's retirement** needs (900,000), there is a significant gap between the two. Even if we take into account the annual return on investment, it is very difficult to solve the pension problem completely by relying on our own savings.
Fifth, the solution.
When faced with a financing gap, we can think about the following approaches:
Increase the number of deposits: Save a little more every month to make up the difference. However, this requires us to plan our financial expenditures appropriately while meeting our basic needs.
Investment appreciation: Invest in ** and ** to increase the return on investment. However, please keep in mind that investing is risky, and you need to choose carefully what you buy and what you are buying.
Postponement of retirement: The retirement age has been extended in order to obtain more funds. However, this requires us to make proper plans for our work and life under our own health conditions.
Diversified pension model: Combine personal savings, social welfare and commercial insurance to achieve their respective goals. This approach not only reduces the burden of individual methods, but also improves the overall level of security.
VI. Conclusions. Based on the above research results, we believe that even if you don't pay social security contributions, saving only 1,500 yuan a month in the bank will not be enough after 15 years.
To this end, we should think about and solve the problem from the perspectives of increasing the amount of savings, increasing investment, delaying retirement, and diversifying the pension model.
Of course, we must also realize that the elderly are a long-term and long-term job, and we must plan and be fully prepared from an early age. Only in this way can you enjoy your old age in peace.
Please note that the above analysis and results are only used as a reference, and specific analysis and planning are required for each individual's specific situation and needs.
Also, investing is risky, so be careful when managing your money. When conducting personal finance and investment, we must have a comprehensive understanding of ** and relevant information, and carefully select the required investment products and strategies.