Don't feel that you are still young, and it is still far away to consider providing for the aged. From the perspective of financial management, the sooner you buy commercial endowment insurance, the more cost-effective. When I was young, I was well insured and the premium was cheap. Young people can plan as early as possible. Insurance is a preventive risk management tool, which can help you avoid personal and property risks and reduce the damage and economic losses caused by risks. As the saying goes, "there are unexpected events in the sky, and people are doomed." Insurance would rather not be used for a thousand days than not be prepared for a day.
"Young people, should you buy yourself old-age insurance?"
Maybe you will think like this: I already have social security. Is it necessary to consider commercial endowment insurance now? Coupled with children and girls, providing for the aged in the future should not be a problem. Is that so?
Nowadays, the pension of retired employees is higher than their salary. When we get old, will the pension be enough? What about providing for the aged?
What does it cost to get old?
We can basically be divided into three aspects:
The first is basic life. That is, daily necessities, property heating, telephone charges and fares. These basic expenses are inevitable.
Secondly, the quality of providing for the aged in basic life. For example, many people plan to travel to livable cities for the aged, and these expenses can be high or low, which belongs to personal enjoyment.
Third, disease control and expenditure. This part is to prepare for the disease. With the development of medical technology, the diseases of the elderly in the future will be characterized by frequent occurrence, strong curative effect, high treatment cost and urgent cash flow, which is the biggest expenditure of the elderly.