Friends whose parents have retired and received pensions in their hometowns may have a more personal feeling:
That is, the pension is really a bit small.
According to the data of the National Statistical Yearbook (2024), urban and rural residents receive an average of 205 yuan per person per month.
Many young people who work from rural areas to cities feel that they are uncertain how much pension they can get in the future if they pay social security.
The money paid at the moment is to support other people's parents in the city, while the pension of their parents in the countryside is very low.
Therefore, the enthusiasm to pay is not high.
In order to improve this phenomenon, some experts and scholars have suggested that young people should pay for their parents in their hometowns.
As soon as the remarks came out, they aroused heated discussions.
Some friends said, isn't it good to give money directly to your parents? Why do I have to pay for it?
Some netizens said that they have to rely on the elderly for relief,
It's really a bit powerless to pay money to your parents for the elderly or something.
After all, it is necessary to raise a family and a baby, and the pressure on young people's lives is indeed very great.
But my parents have worked hard for us for most of their lives, and now they are old.
We often find it difficult to stay with them for a long time due to the pressure of life and work.
How to let parents enjoy their old age and live a good retirement life is indeed a difficult problem in the hearts of many of us.
Have you ever been bothered by this?
Today we will briefly talk about this topic, hoping to give you a little inspiration.
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01
What should parents do in retirement planning?
Aging parents is an issue that each of us must face.
Although every family has problems of one kind or another, we can through reasonable planning and management,
Try to ensure that your parents' quality of life after retirement is maintained, covering medical, daily expenses and other needs.
You can refer to the following methods:
First, have a general understanding of your parents and your own finances
After all, the most inseparable thing for a comfortable old age life is "money".
The source of this money, including the amount of parents' pension, whether there are other sources of income after retirement, savings, etc.
I can also take a rough inventory of my finances, how much money can I take out to support my parents?
Only by sorting out their respective financial conditions can we better assess the financial needs of the future pension.
Second, where will the parents provide for their old age in the future?
At present, there are several common pension models, including:
Institutional care, home-based care, and community-based care.
Each pension model has its own advantages and disadvantages, and I have roughly sorted them out:
The actual situation of each family and the wishes of the parents may be different.
It is recommended to communicate with your parents in advance to determine a pension plan that is comfortable for both parties.
Third, develop a budget and a program
Retirement life is nothing more than eating, drinking, and having fun.
You can make a rough budget and pension plan from the following three levels.
The first layer is the basic needs of life
This includes parents' food and clothing, daily living expenses, water and electricity, transportation, etc.
As well as the daily medical examination expenses of the parents, and the medical expenses of the hospitalization.
There are no specific standards here, and each family's consumption habits and environment are different.
It's really impossible to calculate, but you can also roughly estimate it.
For example, the basic living expenses are about 2,000 yuan per month.
The second layer is the demand for quality life
In addition to daily expenses, some parents may also have hobbies such as dancing and calligraphy.
Even thinking about retirement, I occasionally want to go on a trip.
If you have spare energy, you can prepare an extra quality life fund for your parents.
The third layer is the preparation of serious illness medical treatment and even nursing funds
The older the parents, the weaker their physical functions become.
Once you are seriously ill or have an accident,
Medical expenses are part of the equation and also need to be looked after and cared for for on a long-term basis.
This is a long-term amount of money, and it is recommended that you also include it in your parents' pension plan and prepare in advance.
Of course, it is best to communicate more with parents to understand their wishes and needs.
It can also give them a sense of security and happiness in the face of retirement.
02
What should I do if my parents' pension is not enough?
If the above calculations are made, i.e., the cost of capital assessment and actual pension,
found that the parents' own pension reserves were completely sufficient,
Congratulations, I'm finally putting my mind at ease.
What if you find that there is still a gap after the calculation?
In fact, I also recommend that you pay the fee.
Why, don't worry, let me explain it to you:
First of all, the payment here is different from what was said at the beginning above.
It refers to the payment of commercial pension insurance to parents, that is, a regular deposit of money into the account of the insurance company every year, and the money in it will increase according to the interest rate agreed in the contract.
At the agreed age, such as 55 or 60, parents can receive money from the insurance company on an annual or monthly basis.
This commercial pension, as the insured, is equivalent to their own exclusive account.
How much money you can receive depends on your early capital investment.
And how long to live, how long to receive, to provide a cash flow equal to life.
There are several other benefits to this arrangement:
First, reduce your own expenses through time compounding and appreciation
Commercial pension insurance will increase in value according to the agreed compound interest, and the income is not bad.
The 100,000 that was saved at the beginning eventually became 300,000 or even 400,000 through the blessing of time.
When our parents really retire and need to provide for the elderly, our financial pressure will be less.
Here's an example:
Suppose a 50-year-old man pays 50,000 yuan a year for 5 years, a total of 250,000 yuan, and starts to receive an old-age pension from the age of 60.
Here's the situation:
19,150 yuan per year as a pension subsidy,
Guaranteed to receive it for 20 years, that is, you can receive at least 383,000 yuan.
And this product is available at a current price before the age of 85,
For example, when you are 80 years old, you will receive a pension of 402,150 yuan, and if you surrender the insurance, you can still get 102,160 yuan.
Of course, if you just want to receive it all the time, you can live for as long as you want.
When he was 100 years old, he received a total of 785,150 yuan.
If you don't buy an old-age pension, do you transfer money directly to your parents?
Give about 20,000 yuan a year, and 250,000 yuan is enough for 13 years at most, that is, until the age of 73.
Second, it is the money of the insurance company to reduce the psychological burden of parents
There is still a small problem for parents to face when they give money directly, that is, many parents are afraid that they will increase the burden on their children.
Although the money is transferred to the account, it is rarely spent.
I always have to call every month and say, don't make money, I have enough to spend.
And if the money is from the insurance company, the money is sent to a different person, and the psychological burden of the parents is easier.
At the same time, as long as you are healthy and alive, you can always receive money.
This is to make money from the insurance company, and parents are thus more concerned about their own health.
Third, commercial pensions will also have death protection
The vast majority of commercial pensions will have death protection.
So don't worry, if the money is led and the people are gone, will it be a problem of being handed over in vain.
Moreover, some commercial pensions meet certain premium needs, and can also organically live in mid-to-high-end pension communities.
This is very practical for parents who have senior living community needs.
03
Daddy concluded
Let's not talk about whether the content of the expert's advice is reliable and whether it will be implemented in the future.
However, judging from the reasons for the experts' suggestions, relying solely on social security to provide for parents is indeed not enough to meet the current social needs.
Capable friends can arrange for their parents as soon as possible.
If the economic pressure is high and the hand is relatively tight, you can also re-brush it.
See how much you can support to the maximum.
More money and less money are all part of our hearts for our parents.
What are your experiences with your parents' retirement planning?
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