My surname is Li, and my wife and I both work in large state-owned enterprises. Both of them have "five insurances and one gold", and their income is relatively stable at present. Their annual salary is RMB 6, after tax. However, I have a lot of work pressure and need to travel abroad for 8 months in a year. My daughter is 8 years old this year.

At present, I own 3 houses, and now I live in a unit welfare property of 11 square meters, worth 4 million. The other two investment properties, with a market value of about 3 million yuan, are currently rented at a rent of 5, yuan/year. There is a 25, car that has been used for 6 years.

family savings: at present, there is no debt, with a deposit of 5, yuan and a fund of 15, yuan, and another 25, yuan of housing accumulation fund can be withdrawn.

Family expenses: 1 yuan Fund will make a fixed investment every month, with family insurance expenses of 32, yuan/year, living expenses of 6, yuan and other expenses of 5, yuan/year.

Analysis of family financial situation

At present, Mr. Li has 9, yuan of current assets (including 5, yuan in deposits, 15, yuan in funds and 25, yuan in housing provident fund), and his family has no debt, with an annual net balance of 484, yuan, which is relatively abundant. However, considering the future life plan of Mr. Li's family, it is necessary to make reasonable arrangements for the existing assets and annual net balance in order to maintain and increase the value of assets and achieve the goal.

among Mr. Li's financial goals, retirement pension planning and daughter's education fund planning are the primary goals that must be achieved, and other goals can be adjusted at any time according to the actual situation.

financial goals

My wife is in poor health, and she is considering retiring early (5 years old), so she needs to be well protected.

consider changing a large area of housing in the next 1 years, within 5 million (two investment properties are not for sale).

I hope to maintain and increase the value of assets through other investment channels, with an expected return of 8%, so as to prepare for retirement and health in the future.

how much education funds are needed to prepare for sending children abroad to study in 1 years; How to prepare.

early retirement can consider annuity+critical illness insurance

Mrs. Li is considering early retirement (5 years old), and suggests buying an annuity insurance product with a long term and relatively stable income, which is similar to receiving a pension and can receive a fixed monthly living allowance.

according to Mrs. Li's age, taking the products currently on sale as an example, the annual premium can be 52, yuan, which will be paid continuously for 1 years. When Mrs. Li turns 5, she will receive 6, yuan in lump sum, and then she will receive 2,6 yuan in living expenses every month, so that she can get 1 years old. Together with the monthly pension, the quality of life will not decline after retirement. When Mrs. Li turns 8, there will be a "birthday bonus" of 9, yuan.

In addition, due to Mrs. Li's poor health, we can consider purchasing supplementary medical critical illness insurance. Due to the frequent exposure of smog weather and food safety in recent years, not only Mrs. Li, but also everyone in Mr. Li's family is advised to configure critical illness insurance to transfer the financial risks caused by illness to the insurance company. The design scheme is: Mr. Li pays an annual premium of 93 yuan for 3 years, and the insured amount is 3, yuan; Mrs. Li pays an annual premium of 7,98 yuan for 3 years, and the insured amount is 3, yuan; The daughter pays an annual premium of 4,29 yuan for 3 years, and the insured amount is 3, yuan; The total premium expenditure is 21,3 yuan.

a combined loan of 1 million yuan can be used to buy a big house in 1 years.

Mr. Li currently owns a house worth 4 million yuan. Considering the replacement of a large area of less than 5 million yuan in the next 1 years, there are two options for the gap of 1 million yuan:

Option 1: full payment. With Mr. Li's family deducting various expenses (including premiums) every year, assuming a net increase of 3, yuan per year, it is possible to buy a house in full within ten years. Although there is no mortgage pressure, this way makes the family's liquidity tight and increases the risk of dealing with emergencies.

scheme 2: down payment of 4 million yuan and loan of 1 million yuan. Considering that Mr. and Mrs. Li work in a large state-owned enterprise, with an annual salary of 6, yuan and a monthly provident fund of about 12, yuan, they can use a combined loan form of provident fund and commercial loan, with a loan term of 1 years and a monthly payment of about 1,3 yuan. The provident fund can cover the monthly payment before Mr. Li retires.

it is suggested that Mr. Li choose option 2, because the current interest rate of provident fund loan is 4.5%, which is not much different from the expected income of wealth management products. The mortgage will greatly reduce the pressure on family cash flow and make Mr. Li's family easily live in a big house.

"national debt+wealth management+fund" realizes value-added

Mr. Li hopes to achieve the expected annual rate of return of 8%. Assuming that Mr. Li is a balanced customer, he pursues the steady appreciation of wealth and has current assets of 9, yuan, it is suggested to make the following allocation:

Among them, a monetary fund of 5, yuan is allocated for Mr. Li as a family reserve fund, which can be redeemed at any time, and will arrive at the account on working day T+2 for emergencies. Stock funds and bond funds belong to venture capital, and their income fluctuates greatly with the influence of the market, and they may also face losses. The expected income is only for calculation and reference only.

the fixed investment can be redeemed in batches when the children go to school

Mr. Li's daughter is 8 years old this year. Considering that she will send her children to study abroad 1 years later, according to historical data, the tuition fee growth rate is between 4% and 6%, and it is difficult to achieve a return rate of more than 4% only by relying on deposits, money market funds and short-term debt funds. Suppose that the annual cost of studying abroad is estimated to be 2, yuan, and it is estimated that about 1 million yuan needs to be prepared. Investment tools suitable for children's education funds include: education savings, education annuity insurance, investment in low-risk fund products, etc. It is suggested to combine investment tools.

First of all, it is recommended to buy education annuity insurance. Take the products currently on sale as an example, the annual premium is 54, yuan, which will be paid for ten years in a row. Children can receive 1, yuan of education money every year (4, yuan in total) when they are 18-21 years old, and 5, yuan in lump sum when they are 28 years old. This money can be used for children's wedding money or start-up money.

Secondly, at present, Mr. Li's family has invested in 1 yuan every month, so it is suggested to increase the amount of investment to 4, yuan, and choose a stock/index fund and a bond fund, with a cumulative investment cost of 48, yuan in ten years. This fund can be redeemed in batches year by year during the children's schooling.