What words come to mind when you talk about retirement?
Xiao Bian thinks it's probably: grandchildren, strolling, and community cultural exchange meeting (square dance for short).
nowadays, with the improvement of material conditions, more and more elderly people begin to advocate self-support, so under the guidance of the wave of financial management, everyone will help me and I will help you, and join the financial management army in a mighty way.
It can be said that the elderly are the most special group in the wealth management army.
But do you know what the elderly should pay attention to when managing their finances? Today, let's talk about financial tips suitable for the elderly ~
1. Always keep cash
With the popularity of mobile payment, the cashless lifestyle has brought great convenience to young people, but for the elderly, mobile payment is not favored by them, and they prefer the sense of security brought by cash.
Therefore, in the allocation of emergency reserve funds, the elderly can't put their funds into money funds like Yu 'ebao to increase interest like young people, but should change them into cash and keep them at hand.
Because the elderly are in unstable physical condition and vulnerable to accidents and diseases, the amount of emergency reserve fund can be appropriately increased, and it is not necessarily limited to the monthly expenditure of 3-6 months.
2. Liquidity comes first
Due to the influence of physical condition, the life of the elderly is too uncertain and they may need a lot of money at any time, so when choosing financial products, they must maintain good liquidity.
wealth management products such as 3-5 year fixed deposit and national debt are absolutely unacceptable!
We suggest that you choose high-liquidity products that are easy to realize and can be withdrawn at any time (such as money funds, current wealth management, etc.), or short-term wealth management products for one to six months (such as short-term bank wealth management, short-term targets in P2P, etc.) to cope with unexpected expenses.
3. Avoid high-risk products
The funds that old people use for investment are generally their pension funds, and in view of the particularity of this fund, it is most important to seek stability when investing, and it is best not to affect the safety of the principal.
for financial management of the elderly, liquidity should be put in the first place, followed by risk, and finally the rate of return. Don't expect how much money you can earn. The key is to invest in stable fixed-income products and run through inflation.
Parents always want to save more money for their children and buy another apartment, so they will try some high-risk projects, such as going to the stock market to gain income.
However, high returns are bound to be accompanied by high risks, so it is better for the elderly to avoid high-risk products as much as possible.
4. Be greedy for cheap, and suffer big losses
Many offline wealth management companies will attract uncles and aunts to buy products and develop offline under the guise of "promotion", "free" and "high income". In fact, about the nature and risk of products and the investment of funds, aunts and uncles may be completely unclear, and even some companies even have a virtual concept of products.
The most typical example is to buy health care products to send rice. If an old hand is invited to participate, an extra bonus will be given ...
What makes children helpless is that parents will be moved by outsiders; They turned a deaf ear to their heartfelt wishes.
The elderly are easily deceived, because most of them lack financial knowledge, have a relatively weak sense of risk, and their access to information is too closed. In addition, most of the children are busy at work and are not around, so it is very easy to confuse the elderly by asking questions, giving gifts and caring.
In view of this situation, in addition to the old people's self-vigilance, not greedy for petty gains, not believing in products with extremely high returns and unclear capital whereabouts, and not investing in projects with too complicated rules, it is more important to ask their children for investment advice before investing.
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Generally speaking, the investment of the elderly should pay attention to three principles: capital preservation (steady investment), uniform allocation (moderate proportion of reserve funds and investment funds) and reasonable term (good liquidity).
In fact, the financial management of the elderly is not to earn too much money, but to make their life better in their later years through asset appreciation.
So, no matter how you retire, please be kind to yourself. You can travel or cultivate your hobbies. Being happy every day is the most important thing ~