1. Are there risks in pension financial products?

The so-called pension financial products are actually an investment in nature, and as long as it is an investment, there must be risks, but it is just a matter of size.

The financial products on the market are roughly divided into 5 categories based on risk levels, which are:

PR level 1, low risk: funds are mainly invested in bank deposits and monetary funds. The risks and returns are similar to Yu'e Bao, and the liquidity is high.

PR level 2, lower risk: funds are mainly invested in fixed income products such as bonds, the risk and expected return are higher than PR1, and the possibility of loss is lower.

PR level 3, moderate risk: more than 90% of the funds are invested in bonds and bond funds and other products, with a very small part invested in stock funds and other products, with a certain possibility of losses.

PR level 4, higher risk: funds are mainly invested in stocks, funds and other products, and the possibility of losses is greater.

PR level 5, high risk: In addition to stock fund products with higher risks, they will also invest in futures and other products, with the risk of suffering heavy losses.

As for the characteristics of elderly care, users need products that are more stable and have considerable returns. Therefore, most elderly care financial products are PR2 and PR3.

However, even the lower-risk PR2 and PR3 grades may be affected by financial market fluctuations and may suffer losses.

Then a friend wants to ask, "Is there a way to manage retirement finance that is not low in return and is safe and stable?"

There is indeed, it is retirement finance insurance, which is currently mainly divided into There are two types of insurance:

Annuity insurance: After taking out the insurance, if the insured survives to the age specified in the contract, he can receive a regular insurance payment from the insurance company. In addition, the policy itself also has a certain amount of cash. The value can be withdrawn by surrendering the policy.

Increased whole life insurance: After taking out the insurance, the insured amount and cash value of the policy will continue to grow, and insurance reduction is supported. When there is a need for funds, part of the increased cash value can be converted into cash, and The remainder can continue to grow.

In addition to financial management, these two kinds of pension financial insurance also have certain death protection capabilities. If the insured dies during the protection period;

Then the insured At this time, the family can also receive a compensation based on factors such as the age of the insured at the time of death, the cash value of the policy, the amount insured, etc. It can be said that it takes into account both pension and death protection.

However, there are many pension financial insurance products on the market, and it is undoubtedly a difficult problem to choose the product that suits you;

But don’t worry, Shenlan Jun has also sorted out several different products for you below. Products that perform well in all aspects, let’s take a look below.

2. What are the recommended retirement financial services?

1. Annuity insurance

We have analyzed several popular annuity insurance products based on the situation of a 30-year-old woman who pays 50,000 yuan per year for 5 years and collects it at the age of 60. income and insurance rules.

Let’s just say the conclusion:

If you value income: you can consider Yangduoduo No. 3 (Plan 1) and Leyangduo (Collector’s Edition);

In Under the above insurance conditions, the annual amount that Yangduoduo No. 3 (Plan 1) can receive after the age of 60 is 39,600 yuan, which is the highest among the above products;

And its cash value growth rate The performance is also good. The total survival benefit and IRR rate of return before the age of 80 are both ranked first on the list. The IRR rate of return at the age of 90 reaches 3.91%. The overall performance is very impressive.

However, the cash value of Yangduoduo No. 3 (Plan 1) drops to zero around the age of 85. If you die or surrender the policy after that, you will not get the money.

The advantage of Yangduoduo (Collector's Edition) is that it has a lifetime cash value. Although the annual amount it can receive is less than Yangduoduo No. 3 (Plan 1), it has a lifetime cash value. With its cash value, its total survival benefit and IRR rate of return surpassed Yangduoduo 3 (Plan 1) at the age of 90;

However, the premise of this is that you can live to the age of 90. Therefore, it is more recommended for people whose families have longevity genes.

If you want to be more secure: Yangduoduo No. 3 (Plan 2) is also a very good choice;

Although Yangduoduo No. 3 (Plan 2), the later returns are not as good as Plan 1 , but its advantage is that the guaranteed payment period is 20 years. If the insured person has not started to receive or has not received the insurance benefits for 20 years, he will unfortunately die young.

Then the insurance company will give the unclaimed portion in 20 years to the insured’s family in one lump sum;

In other words, as long as we do not surrender the policy early, it will be Even if we die, we can receive at least 20*37,400 insurance benefits totaling 748,000 yuan, and there will still be an insurance benefit when we die;

Taken together, the guaranteed income of this product is higher. Suitable for those who want something more stable.

2. Increased whole life insurance

We have also found 3 good products for increased whole life insurance. Below we take a 30-year-old man and pay it every year for 10 years. In the case of 100,000, let’s take a look at their performance;

Let’s just say the conclusion:

If you value income: give priority to people;

In the same way Under the insurance conditions, Renwo Bank's cash value growth rate was the best. Not only did it exceed the premium paid in only 8 years, but its performance in the later period was also very good. The IRR rate of return at the age of 90 was close to the ceiling stipulated by the China Banking and Insurance Regulatory Commission. Wire.

Assuming that the policy is not reduced during the period and the policy is surrendered at the age of 80, this product can provide a one-time withdrawal of 4.791 million yuan, which is nearly five times the initial premium of 1 million yuan paid.