1, acquisition conditions; First of all, personal pensions are closed for a long time. For example, I am 35 years old now, and I won't get it until I am 60 years old, that is, the closure period is 25 years. It should be pointed out here that there are four prescribed conditions for receiving an individual pension. If you meet any conditions, you can receive a personal pension on a monthly basis, by stages or at one time. The main one is "reaching the age of receiving basic pension". There is no specific acceptance age here. In other words, if the legal retirement age is postponed in the future, for example, from 60 to 65, then the age of receiving personal pension will also be pushed to 65.

2. Personal pension has two accounts. "Individual pension account" and "individual pension fund account".

return of investment

In addition to the above precautions, whether to invest in personal pension depends on long-term investment income.

Personal pension is always closed for twenty or thirty years because of its long period of closure.

Generally, such a long closed-end investment will require a relatively high stable income.

The long-term return on investment of personal pension in developed countries is around 7% on average.

At present, it refers to personal pension products that can be invested, including savings deposits, wealth management products, commercial pension insurance and Public Offering of Fund.

I registered an "individual pension account" in the bank today. At present, we only see funds and insurance, but not savings products. Therefore, I have never seen the interest rate of savings products in personal pension. It should be noted that at present, in individual pension, the fund also has a closed period of 1 year and 3 years. That is, the external personal pension fund account has a very long closure period, and then the financial products you buy also have their own closure period. In this way, if the savings products are divided into three years and five years, instead of one-time high-yield products such as 10 years and 20 years, it is estimated that it is not cost-effective to buy savings products in personal pension. I don't think it's cost-effective that the long-term annual rate of return of personal pension exceeds 7% in such a long closed period.