In the past two years, the topic of "rising channel" has been popular. Some people say that the ascending passage of China people is being closed, and it is difficult for the poor to have children. It is also said that class mobility is still happening, but the cycle is longer. In the past, there will be fewer and fewer feats of crossing the class through our own efforts, but through the efforts of several generations, there is still the possibility of upward mobility.
No matter which view you support, we must admit that compared with ten years ago, we really have fewer opportunities now. Class solidification is becoming a reality.
Faced with this situation, the most painful thing is the middle class-upward, difficult to push, downward, one careless move will lose the game. An accident or a serious illness may ruin your accumulation in the first half of your life. Even if you haven't suffered this misfortune, house prices, inflation and the invisible ceiling in the workplace are all cutting meat with blunt knives, killing you bit by bit. What are the accident insurance for accidental medical treatment? Which is more secure? Which is more worth buying? Take a look at the latest list! Inventory 18 high-quality accident insurance sold nationwide.
How to solve your worries?
In addition to getting rich overnight, we can only hope for the efforts of several generations.
What cannot be avoided is education-for most people, reading is still the lowest threshold for promotion.
How high is the education cost for a child in China?
During the nine-year compulsory education, public schools are free of tuition and miscellaneous fees, and the agency service fees charged to students must adhere to the principle of voluntary and non-profit for students, with low cost;
The tuition fee of public schools in high school is 2000-3000 yuan/semester, and the education cost is relatively low if the school selection fee is not involved;
During the university period, the tuition fee for general majors is about 5000 yuan/semester, and the tuition fee for special majors such as art and software engineering is about 1000 yuan/semester.
200,000-300,000 yuan is enough to support an "economically applicable child" who does not attend private schools, choose schools or study abroad.
However, if you are not satisfied with the quality of education in ordinary public schools, it may cost more than 500 thousand to send your children to better private schools or choose key public schools.
If the child studies abroad during the undergraduate period:
American comprehensive public universities have an annual tuition fee of 80,000-250,000 yuan;
Private comprehensive university or college of arts and sciences, the tuition fee is 1.5-0.3 million per year;
Pittsburgh, Seattle, Ladas, Atlanta and other big cities. The cost of living is about 5000-6000 yuan/month;
In new york, Los Angeles, Miami, Chicago and other megacities, the living expenses are about 6000- 12000 RMB per month.
During this four-year undergraduate course, only tuition and accommodation will cost1-20,000.
In addition, the cost of higher education in the United States increases by 3-4% every year. According to the report of American News, the tuition fees of the top 50 private universities increased by 3.6% on average in the 20 17-20 18 academic year. Based on this increase, if it costs 300,000 yuan to study in the United States for one year now, then the cost for your children to study in the United States for four years after 18 will be
The essence of education fund insurance
The so-called education fund insurance is actually an annuity insurance with limited collection time.
Annuity insurance is a very special insurance product, which is characterized by the longer the policy is held, the higher the yield-/kloc-it is terrible in 0/0 year, barely visible in 20 years, and outperforms most products in 30 years.
Education fund is a fixed-term annuity product, which inhibits the "particularity" of annuity insurance and takes 10- 18 as the savings cycle. Therefore, the average annualized rate of return of education gold products is generally 3-4%.
Please remember: the essence of education fund insurance is a financial product with low yield and compulsory savings.
Take Huaxia Ruyilai Annuity Insurance as an example (90% of educational products on the market are inferior to it):
If the goal is to save 2.39 million education funds after 18 years, then from now on, it will save140 thousand and 10 years every year.
Moreover, it is necessary to ensure that the settlement interest rate of the universal account in 18 is always above 6% per annum. If it is less than 6%, the children's education fund will be in danger.
But who can guarantee that the settlement interest rate of universal account will always be higher than 6%? Taking history as a mirror, the decline of rivers is the norm.
To sum up, I only have one sentence about education fund insurance:
Compulsory savings and stable cash flow are good, but such inefficiency is doomed to fail to meet our needs.
How to reserve education funds?
I am not an expert in investment and financial management, so the following content is just an experience shared by financial practitioners for your reference.
1. A reasonable logic: Derive the process from the end point and the goal.
When planning the education grant, we must first make clear the goal-how many years will it take? How much money do you get for education? Until this goal is clear, all planning is empty talk.
2. Path that suits you: Assess risk preference and set reasonable goals.
If you can grow by 6% every year and invest 80,000 yuan every year, you can save 2.7 million yuan after 18 years; If you can grow by 8% every year and invest 65,000 yuan every year, you can save 2.69 million yuan after 18 years; Please evaluate your abilities and characteristics and choose a path that suits you. This is the key to your financial goals.
Bank financing, fixed investment, stocks, P2P, short-and medium-term universal insurance, real estate, even gold futures, art investment ... There are many options in the arsenal, but which ones are suitable for you and which ones are not, you need to summarize them yourself.
My suggestion is to choose 2-3 fields that you know and know as much as possible, and plan the allocation ratio according to your risk preference. (At present, my path is fixed investment+a small amount of P2P+ money fund)
3. Two reminders: don't forget to use leverage and don't forget the basic guarantee.
Many people's assets have doubled from buying a house to now-under the background of inflation, 70% loan ratio of the first suite+rapidly rising real estate can be said to be deceiving. Learning to use leverage reasonably is a compulsory course for each of us.
In addition, as an insurance broker, I have to remind you that while investing in financial management, don't forget to do another job-if your goal is 2 million education funds, please insure yourself with 2 million term life insurance at the same time.
You know, this is the battle of 18. Neither you nor I know how much uncertainty there is between the ages of 30 and 48. It is worthwhile to pay a certain cost in exchange for certainty.