How to prepare retirement funds?
The declining birth rate has become a national security crisis. Taiwan has officially entered the stage of "life is better than death". The annual birth rate is far lower than the death rate, which will inevitably cause a future manpower supply crisis. Especially after the epidemic, the birth rate will not increase but decrease. It may reach a new low, probably below 150,000 people, which also means that the labor crisis will be approaching at an accelerated pace, and system funds such as retirement and labor insurance will also suffer from a shortage of fund funds due to the sharp decline in the employed population.
However, the changing trend of population growth does not mean that it will be changed in a short period of time, and it will be able to see immediate results. In the situation that the manpower gap has not yet converged, it is very likely that the current working manpower will not be "forced to leave the workplace" in the future, but "cannot leave the workplace." "Workplace", only those who can prepare for retirement life in advance can leave the workplace with peace of mind.
If you want to be able to leave the workplace with peace of mind in 20 years, how do you know "how much is ready" and how much you should invest in, and how to plan " target investment " from a financial perspective or perspective?
A journey of a thousand miles begins with a single step. Find out the current monthly living expenses per person
If you want to estimate and prepare for future living expenses, you must first grasp the current living expenses. However, because each person’s income and living expenses are quite different, in order to seek fair and objective figures, we can start with the official investigation report and public information as a discussion example, as the minimum planning standard, and individuals or families can also consider their own economy. Conditions and ambitions, and then increase or decrease.
According to the 109-year household income and expenditure survey report of the National Accounting and Accounting Office of the Republic of China, there are about 8.83 million households in Taiwan, with an average number of 2.92 people per household. The average consumption expenditure per household in that year was about 815,100 yuan. Simply put, consumption expenditure includes Expenditures for food, clothing, housing, transportation, entertainment, medical care, etc., equal to an average monthly living cost of about 23,262 yuan per person (815,100 yuan/2.92 people/12 months).
In other words, the current monthly living expenses of Taiwanese are about 23,000 yuan. Many people may find it unbelievable, but in fact, this official data is so detailed that even "folk medical expenses" such as massage and bruises are included. Clearly registered One of the "health care service expenses" items in the household income and expenditure survey of the accounting office, the items listed in the report include all living expenses, which are quite objective and useful.
Of course, this data is floating, and it will also change with prices and economic conditions. Because the social economy and living standards are on an upward trend in the long run, and prices will rise, so this figure will continue to rise in the long run.
Calculate the monthly living expenses per person after 20 years by adding the concept of prices
Based on an estimate of an average annual increase of about 1.2% in Taiwan's consumer price index over the past two to three decades, after 20 years of conversion, if you want to maintain the current currency purchasing power of 23,000 yuan per person per month, you need to have about 20 years later 29,500 yuan, which is roughly equal to 30,000 yuan.
If we consider that there are still 20 years to live freely after retirement, we need to save about 7.09 million yuan to be able to use it. The assumption here is that this 7.09 million yuan of assets will not need to be used again in the next 20 years of silver-haired life. Invest in "risky" investment and financial management methods, but just put in bank fixed deposits to resist inflation, and you can live a calm and comfortable silver-haired life.
I hope to save 7.09 million yuan and what to do now
7.09 million yuan seems a lot, but if you use the effect of compound interest, the amount you need to pay every month is actually not that high! We can add the concept of "reasonable rate of return" to estimate. If the long-term total return rate of Taiwan stocks announced by the stock exchange is about 7.43%, it is necessary to save 12,000 yuan in the investment portfolio every month , and the annual return is 8%. The goal is to reach an asset of 7.07 million yuan in 20 years; if you are more conservative and don’t like too much fluctuation, the annual return of the investment portfolio will be reduced to 6% as the goal, but the money saved every month must be increased. If 15,300 yuan is put into the investment portfolio, there will be about 7.07 million assets in 20 years.
If you feel that you can afford a relatively high-risk investment portfolio, you can relatively reduce the monthly investment amount. On the contrary, if you want to be more stable, you must increase the monthly investment amount, which can also achieve long-term planning goals.
Of course, if you are capable and ambitious, of course you can set a higher "living expenses" target than the average person. Others are 23,000 yuan, you can set a goal of 46,000 yuan, or even 69,000 yuan, and then work hard to achieve it .
But this is just a goal set by yourself, not the average living conditions of Chinese people. If your goal amount is twice that of others, it will usually take others twice as much effort to achieve it. This is also a plan that everyone needs to weigh each other's situation.
Of course, just like popular restaurants often see the words "Frugality depends on people" hanging on the wall, everyone chooses differently, and the one that suits them is the best. I hope everyone can successfully achieve their own goals. Long-term investment goals, enjoy a leisurely life.
in conclusion
Today 's investment tools are quite diversified, and investors can use them flexibly. For example, stock deposits, funds, ETFs, individual stocks, etc. have the opportunity to match the annualized return rate of Taiwan stocks, and apply the investment return rate that suits them. To calculate the required monthly investment amount, the key point is to be able to continuously invest and endure long-term fluctuations in investment. A calm mind is the key to success.
If it is difficult to choose or match a suitable investment portfolio, you can directly refer to the target investment in smart investment, set the investment time and investment attributes, add the monthly investment amount, and leave the rest to the big data financial management to help decide the investment Combination, the next action only needs to be a fixed amount of investment and continuous investment, which is simple and effective with the help of human-computer cooperation to exert the effect of " target investment ".
Empire City Casino interested in seeking full casino license｜Win City
Buffalo’s Bill Casino in Primm Nevada reopened last Christmas Eve｜747 Live
Pennsylvania Reopens Bidding Process for Online Gambling Licenses｜OKBET
Nevada casinos hit $1 billion revenue mark again in November 2022｜PNXBET
Acknowledges for paper such a beneficial composition, I stumbled beside your blog besides decipher a limited announce. I want your technique of inscription... Tembusu Grand
Very interesting information, worth recommending. However, I recommend this: wedding dresses in Dallas
