Five Major Planning, Playing With Money

She is a foreign company employee. She is now 28 years old and living in China's financial center, Shanghai. Her annual income after tax is 150 thousand yuan.

Through its own diligence and efforts, recently bought a commodity auction house (value 1 million 40 thousand, down payment 30%, loan 700 thousand, month for 2800 yuan), in the hand also has the bank deposit and the fund investment 50 thousand yuan.

In the work of foreign enterprises, employee benefits are good. Besides paying five risks and one gold for them, the company has also insured certain accidents and medical businesses.

He is a university teacher. He is 35 years old and has a fixed income of 8-10 yuan a year.

They are a prospective couple who are about to enter the marriage hall. They are going to get married next June and July and wait for the wedding ceremony after the new house is renovated. The new house will be delivered next year, and it is estimated that it will cost 150 thousand yuan for decoration.

After marriage, I intend to buy a commodity apartment in my hometown, and I will have some investment when I return home on holidays. (the total price of the planned housing is not more than 200 thousand yuan).

After marriage, the husband and wife work together to keep family expenses under 4000 yuan.

Financial goals:

First, we will have children immediately after marriage, preparing the children's future education fund.

Two. Plan to buy a 150 thousand family car within two years.

Three, I hope to replace a larger apartment in five years (or buy another set).

Four, enhance the corresponding insurance coverage for families.

Five, intend to retire at the age of 60, hoping to get a pension of 5000 yuan every month after retirement.

Financial analysis:

First of all, congratulations to the new couple, finding their true love in the vast sea of people, and holding hands is always a wonderful and happy thing.

Both sides are already aligned with husband and wife, whose financial analysis can be calculated according to the financial status of the future family.

In terms of their family assets, both sides currently own 750 thousand yuan in bank deposits and financial investments and a set of commodity futures houses (worth 1 million 40 thousand yuan), liabilities are 700 thousand yuan for housing loans, and liabilities only account for 39% of total assets. This shows that their families have strong solvency and the existing assets have some investment space.

In terms of family income and expenditure, the husband and wife have a fixed annual income of 240 thousand yuan per year, an average of 20 thousand yuan per month, while the estimated monthly expenditure is 6800 yuan (2800 of mortgage loans and 4000 of living expenses), that is, the household balance rate has reached 66%, laying a solid foundation for the accumulation of wealth in the future.

Financial management plan:

Cash planning

It is very necessary to establish a family and establish a reasonable family reserve fund. On the one hand, as a backup for household daily expenses, it can solve the urgent problem at the same time.

In the couple, the wife is employed in a foreign company, and the husband is a university teacher. The wage income is relatively stable.

For families with relatively stable incomes, we generally recommend that we keep 3 to 6 months' daily expenses as family reserve funds.

At present, husband and wife are expected to spend 6800 yuan a month in the future. It is suggested that 15000 yuan should be retained for household daily expenses, and another 15000 yuan should be invested for Monetary Fund.

Two, insurance planning

The foreign company, whose wife is inaugurated, paid a certain amount of commercial insurance to pay for the "five risks and one gold", so the family mainly needed additional insurance to protect the husband who "made two jobs".

Husband is both a teacher and a self startuer. He has a large body consumption. He recommends that husband and wife conduct a physical examination once a year, and at the same time, he will insure his husband for 500 thousand yuan of major illness insurance and accident insurance as family security.

In addition, the couple will each reinsurance 500 thousand life insurance as a long-term guarantee for the family and part of the retirement reserve after retirement.

Three, educational planning

Although the two have not yet formally married, the plan to nurture their children has been put on the agenda.

In terms of current education expenditure, children spend nearly 100 yuan on education fees from kindergarten education to study abroad.

It is recommended that a special education reserve account be set up for children from the beginning of marriage. The 3500 yuan in the monthly balance will be used in the fixed investment portfolio of 6% of the annual income, so that the next stage of education can be accumulated at the end of the child's stage.

Another 200 thousand yuan invested in the partial stock fund with an average annual income of 8% will accumulate nearly 1 million 300 thousand of the cost of studying abroad for 24 years.

Four, pension planning

The wife has a more detailed idea about the needs of the aged, that is, getting a better quality of life on the basis of getting the average social security.

At 3% inflation rate, 10 thousand yuan in 25 years (when husband retires) is equivalent to 5000 yuan now.

It is suggested that the husband and wife should deposit 2700 yuan in the stock fund monthly (the average annual income is 10%), and 25 years later, they can reserve the retirement pension for the couple after 30 years.

Five, consumption planning

The couple plan to buy a 150 thousand yuan car within two years and replace a larger house in five years.

In terms of buying a car, the family's current status can be used as husband's teacher's identity to apply for a five year auto financing loan, with a down payment of 30% and a monthly supply of less than 2000 yuan.

The demand for larger houses will depend on the actual expenditure of the family in the future and the investment income of the husband's venture capital, and then consider how to replace the new housing after the loan is paid off.