Monthly Income Of 10000 Yuan Nesting Family Financial Management: Insist On Fund Investment For 30 Years

Financial Hero: Mr. Lee family in Dongguan

Family situation: two members of the family, Mr. Li and Mrs. Li, have not yet been born.

Mr. Li, for private employees, has pension insurance, agricultural insurance, serious illness insurance and accident insurance. The insured amount is 400 thousand. Mrs. Lee is a doctor who has pension insurance and medical care.

Financial targets: small houses for large housing, and the purchase of a commercial housing within 140 square meters for self occupation, while preparing for the birth of children's education gold.

Expert weapon

Trick 1: long-term and steady investment preparation

Minsheng Bank, Tianhe branch financial manager, Gao Dan believes that according to the current family situation of Mr. Li, it is recommended that his assets be allocated.

If the child starts kindergarten after three years of birth, assuming that the growth rate of tuition fees is 5%, the rate of return on investment in education is 8%, according to the discount rate of 2.86%, the children should be prepared for 187 thousand yuan when their children are born.

If children are born two years later, when children go to kindergartens after they are three years old, from kindergarten to university, they will have 19 years. The current value of 187 thousand will be 8% years discount rate of 24 years.

Trick 2: the total purchase price should be less than the annual savings.

Given the annual savings of around 73 thousand and the fixed expenditure on education, whether Li Xiansheng family can achieve wealth freedom depends entirely on what type of house to buy.

In order to achieve double goals of changing rooms and education, it is suggested that the total price of housing should be controlled within 986 thousand yuan. If buying 900 thousand of the house, it can buy a house after the loan is recovered.

Plan: the total price of the house is 900 thousand (6500 yuan / square meter), the first payment three becomes 270 thousand yuan, the loan is 630 thousand yuan, the mortgage interest rate is 7%, the loan term is 30 years, the equivalent principal and interest method calculates, the annual repayment should be 50769 yuan.

The 30% payment is 270 thousand yuan, which can be depended on time deposit 70 thousand yuan, plus 100 thousand yuan from friends, plus 100 thousand yuan of fund.

These two additivity costs 68527 yuan a year, less than 73400 yuan in the first year savings. This shows that this year's plan to buy a house and give birth to two years later can be realized.

Trick 3: Reserve 15 thousand gold reserves

The reserve allowance is 3~6 months' family monthly expenditure. Therefore, it is suggested that Mr. Lee's family's 15 thousand yuan bank demand deposit be used as a family reserve fund.

Reserve funds require strong liquidity. Therefore, short term deposits should be the main means. In addition to the demand, there are three months or half a year's short-term deposit and money market funds.

From child birth to three years old, at least 10 thousand yuan per year should be increased. This part of the cost can be accumulated in the balance of family savings after deducting mortgage loans in the past two years.

Trick 4: stick to the fund for 30 years.

The fund's fixed investment of 1300 yuan per month is retained. If only 8% of the annual yield is invested, it will continue to invest for 30 years. When Mr. Li retires, the total amount of funds can be up to 1 million 940 thousand yuan. When the investment is continued for 50 years, when Mr. Li is 80 years old, this sum of funds can be accumulated to 10 million yuan.

The above results are calculated under the premise of constant income. With the increase of age and experience accumulation, the income of Mr. Li family will increase, and the annual savings will be more and more.

The snowball will be bigger and bigger when we invest in surplus funds in time.

Trick 5: reverse mortgage to the housing endowment

In addition to relying on pensions, the couple's pension can be leased to collect rents. They can also be mortgaged to creditors by means of reverse mortgage under the condition of state introduction, conditional permission and mature market, so as to obtain a continuous cash flow. When the fixed number of years or conditions are met, the ownership of real estate will be pferred to creditors in accordance with the contract stipulates.

Family finance tips

Make good use of credit cards

To make good use of credit card, not only can it be paid first, then it will be paid for the longest, but it will enjoy a 56 day interest free period. It can also be used for temporary contingency through the pre cash function in the revolving credit line.

Automatic investment plan

The fund can be operated on a regular basis, which can avoid risks and reduce costs. It can accelerate the pace of wealth accumulation through dividend reinvestment.

How big a snowball can roll is how long you can hold it.

Housing endowment

For young people who have accumulated more property in their youth, apart from relying on pension funds, renting houses to collect rent and raising foreigners, they can also take the way of reverse mortgage.