Longevity Times Chen Dongsheng-Taikang Life Insurance
|-The era of longevity is coming: we build places and you build life-we build places and you build life.
-Redefining life span: 40 is youth, 60 is middle age, and 80 is old age.
People need to make financial plans for retirement in advance, which will not be an option for a person to reach middle age, but a necessary option to be considered as soon as he enters the workplace. The risk of financial exhaustion in old age.
|-Long-term survival with illness is the normal life in the future longevity era.
? -American psychologist Maslow's hierarchy of needs theory: there are five levels from primary to advanced.
-Basic needs: physiological needs, safety needs,
-Advanced needs: love and belonging, respect for needs and self-realization needs.
|-New changes in population development
-It used to be a pyramid distribution, with fewer people in the high age group and more people in the low age group.
-Now it is: columnar distribution, and the low age group and the high age group are equivalent to normal distribution, which is relatively balanced.
|-compound interest: the essence of compound interest is that quantitative change accumulates to a certain stage, resulting in a qualitative leap.
? -There is a simple compound interest estimation method: the so-called 72 rule: assuming that your pension has an average annual return on investment of 8%, it will take about 9 years (72 divided by 8) to double the return. If the average annual rate of return is 6%, it is about 12.
? There are three necessary conditions for the compound interest effect: the investment period is long enough, the rate of return cannot be too low, and the fluctuation of income cannot be too large. Let me add that investment capital has no cost.
? -The annual income is 5%, the investment lasts for 50 years, and nearly 43% of the income is created in the last year 10. The short investment period has very limited returns, accounting for only 6% in the previous 10 year. There is a new explanation: after 30 years, you will see the obvious phenomenon of compound interest, after 50 years, it will be the "flower of compound interest" and after 70 years, it will be the "god of compound interest"
|-Risk-free capital preservation and high-yield bank financing will become a thing of the past.
-In the past, banks could provide customers with 6%-8% risk-free financial management because of the support of real estate mortgage loans.
|-Part-time economy: More and more people are engaged in part-time jobs, and companies are increasingly relying on part-time workers to complete their business.
|-The concept created by Japan: Considering the aging, "lonely to die"
-Leaving society: refers to people who have lost their geographical, blood and career relationships and died alone and unclaimed, also known as "leaving life"
|-Based on the yield of 5% and the investment period of 50 years, nearly 43% of the income comes from the last 10 year (inspired by the fixed investment for 7 years).
-the first 10 year (6%), the second 10 year (10%), the third 10 year (16%) and the fourth 10.
-Fifth 10 years old (43%)
|-The needs and pursuits of the elderly are restrained: physical function and cognitive ability will also decline rapidly. Use in and waste out.
-cultivate one's mind, cultivate one's morality, keep one's family in order, be promising and see the world.
|-The difference of education level plays a very important role in the longevity era.
Education is the most important factor in determining health and income. The higher the education level, the higher the efficiency of healthy production, and the better health level can be achieved by using the same time and resources.
Secondly, a better education level means that people can choose a better career and get higher income.
|-Grey rhinoceros: It often refers to those potential crises with high probability. Even if people know their existence, they are still difficult to detect. Or it has not attracted enough attention.