"Because everyone's financial needs and ideas are different at different stages, it is necessary to reassess the family's financial gap in stages." The financial manager of HSBC told reporters that consumers will be more consciously prepared for the future only if they fully understand the funding gap for pension and children's education.
Pension gap
For example, for many people who are currently in the entrepreneurial period, retirement may be very far away, but if you want to maintain the same quality of life and enjoy a carefree retirement life after retirement, you need to plan ahead.
Case: Take 40-year-old Mr. Li as an example. Mr. Li works as a manager in a foreign-funded enterprise, with total assets such as deposits and funds of about 2 million. He hopes to retire with his wife at the age of 60 and expects to live for at least 20 years after retirement. As it is impossible to predict the future living expenses for the time being, Mr. Li hopes to at least maintain the current living standard, that is, the total monthly household expenditure is about 15000 yuan. He intends to start preparing for retirement with assets of 654.38 million yuan, hoping to know if there is still a gap.
Through the "retirement demand analysis" in the "financial demand analysis tool" of HSBC, Mr. Li found that under the assumption that the inflation rate is 2%, he needs nearly 4 million to meet his retirement needs for more than 20 years when he retires, and his retirement reserve of 6,543,800+0,000 can reach 2.65 million when he retires, if he can maintain the annual rate of return of 5%. Then, the actual gap of Mr. Li's retirement funds is 6.5438+0.35 million yuan. In view of this gap, Mr. Li Can chose corresponding products, including investment and insurance, to prepare for retirement.
Children's education gap
All parents want to create a bright future for their children, and it is never too early to prepare for this future. Perhaps some parents think that it is not too late to prepare education funds until their children are older, but this idea often fails to take into account the ups and downs of economy and inflation.
Case: Take 38-year-old private entrepreneur Mr. Wang as an example. Mr. Wang's son is now 10 years old, and he and his wife plan to send him to England for undergraduate study when his son 18 years old. Considering the uncertain factors such as high education expenses and inflation abroad, the couple began to consider preparing education funds to protect their children's future. He initially intended to spend 500,000 of his existing assets on his son's future education.
According to the reference fees of major universities provided by the Financial Needs Analysis Tool of HSBC, the average fees of some famous universities in Britain that Mr. Wang likes are around 200,000-300,000 RMB per year. According to the inflation trend of major countries attached to the tool, Mr. Wang chose to set the inflation rate at 3%.
The analysis of financial needs shows that when his son 18 years old, Mr. Wang needs to prepare enough education funds 165438+ 10,000. Assuming that the annual return on investment is around 5%, Mr. Wang starts to invest 500,000 yuan now, and it will reach 730,000 yuan by 18, leaving a gap of 370,000 yuan.