Nowadays, the pension insurance system is becoming more and more popular among the people, but there are still some people who do not understand the pension insurance system and are always worried about losing money by participating in the pension insurance premiums.

In particular, when people with flexible employment participate in pension insurance, only 8% of the payment base will go into their personal accounts, and the remainder will go into the overall account.

Some people feel that they have lost 60% in one fell swoop, so they think it is better to manage their own finances.

Starting at the age of 40, save 2,000 yuan every month.

Forced savings, just like monthly payments.

You can save 24,000 yuan in one year and 480,000 yuan in 20 years.

If your annual investment can generate a 5% return, you will have a wealth of 792,000 yuan when you are 60 years old.

By then, even if you receive 4% monthly income, you will still have about 32,000 yuan a year, an average of 2,700 yuan per month.

This seems to be a good deal, but the disadvantages are in the following aspects: As we all know, there will definitely be earth-shaking changes between 20 years ago and 20 years later.

According to the goals of my country's 2035 development vision plan, my country's GDP will double again within 15 years.

By then, salary income will at least double.

In recent years, the growth rate of my country's M2 has remained above 10%, and the expansion rate is really very fast.

The future pension of 2,700 yuan per month is almost equivalent to the current monthly consumption level of 1,000 yuan.

And as time goes by, the depreciation rate will definitely become faster and faster.

The income assumes a compound interest income of 5% per year, so that the investment can generate such a rate of return.

In fact, with the development of the economy, the steady investment rate of return that we can obtain with stable income is constantly decreasing.

In 2020, the electronic coupon rate of my country’s three-year savings bonds is 4%, and the five-year electronic coupon rate is 4.27%.

The three-year coupon rate of the first and second phase savings bonds issued in 2021 was reduced to 3.8%, and the five-year coupon rate became 3.97%.

As our country develops and its economy grows, bank interest rates will actually continue to decrease.

It is also unclear whether negative interest rates will emerge like in Japan.

The pension savings accumulated by individuals are actually equivalent to the enterprise annuities and occupational annuities currently established by enterprises and government institutions. They are both limited and will no longer be available after they are collected.

If there is zero interest rate in the future, it can be said that if there is no investment income, every month we receive a pension, our savings will be reduced by part.

With the continuous development of science and technology, the biggest risk people face has become longevity risk.

Before the age of 60, it is necessary to save up the expenses for the next 20 to 30 years in old age. It is really difficult if you only rely on yourself.

For example, the average life expectancy of Japanese elderly has reached over 84 years, and the life expectancy of many women is close to 90 years.

Poverty in the elderly is a problem that has to be faced.

Generally speaking, the model adopted for elderly care should be based on three pillars.

The first pillar is the basic pension established by the state.

At present, pension contributions for 15 years range from 800 to 1,000 yuan. Since the corresponding pension is linked to the average social wage, the probability of depreciation is low.

The longer the payment period, the higher the payment base and the higher the pension benefits.

The second pillar is the annuity system established through mutual investment between employers and workers.

The third pillar is the personal pension insurance system established by individuals.

The second and third pillars are actually encouraged through income tax incentives.

For Chinese people who pay almost no personal income tax, it seems meaningless to participate in such pension insurance.

Therefore, it is better to prepare the first pillar first, and then consider other pension insurances after your income increases.

This is the most guaranteed benefit, and after retirement, the country will adjust pensions every year to ensure everyone's pension benefits.

To put it more clearly, social pension insurance is actually a guarantee established by the state to allow the elderly to fully enjoy the fruits of economic and social development.

Like my mother-in-law, when she retired in 2002, her pension was only more than 390 yuan, but now it has increased to more than 3,100 yuan.

Therefore, don’t complain about the high payment and heavy burden now. When we encounter the risk of old age, we will find out how important this kind of pension insurance is.

Don't be like young people and say silly things like "Who knows how long you can live?" When you get really old, you will discover the importance of pension insurance.