Is 5 million in cash enough for one person to live for a lifetime? Why?

In fact, this question is not an open question. Colleagues around me often complain that they are too tired from work. They say that after selling a house, they can get 5 million. I wonder if I can say goodbye to this kind of hardship for the rest of my life with this 5 million. Work life.

I would like to use this question to do some calculations and satisfy my curiosity! First, for the convenience of calculation, a series of assumptions are made:

1. Assume that an account with a total amount of 5 million yuan is established, and there is still a house without renting;

2. Assume that the current The age is 40 years old and the life span is 100 years old;

3. Assume that the same amount of living expenses is withdrawn from the account every year or every month, and there will be no penny left in the account when 100 years old;

How much living expenses can be withdrawn every month or every year until the age of 100? Solution: This problem can be regarded as a 60-year lump sum deposit and partial withdrawal method. The following calculations are based on the current one-year financial product income of at least 4%-5%:

The required formula is as follows:

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First calculate based on the interest rate of 4%:

That is 5 million, calculated based on the interest rate of 4% per year, then in the next 60 During the year, you can withdraw 185,000 yuan per year, which is about 15,400 yuan for monthly living expenses.

If calculated according to the calculation that regular regular financial products can easily achieve 5% income:

Then you can withdraw 210,400 yuan per year, and the monthly living expenses can reach 17,500 yuan. Yuan.

Even if you meet a lazy person, you can directly buy the 5 million principal into a money fund, and then withdraw your living expenses every month. Calculated based on the annual rate of 3.5% of the money fund: you will still have 14,400 yuan available every month!

Seeing the above data, for most of the friends who have become rich, even if the inflation factor is taken into account, I believe that for a long time, this amount of money should be enough. Life is more enjoyable!

Is 5 million in cash enough to feed a person for a lifetime? You can think about it from another perspective, can you earn 5 million in this lifetime?

As a bank employee, I can tell you clearly that most people will not earn 5 million in their lifetime. For us ordinary people, the probability of making 5 million in this life is not as high as the probability of winning 5 million by buying lottery tickets.

5 million is a lot of money. If it is deposited in a bank, without moving the principal, the interest generated every year is enough for ordinary people to live a happy life.

1. Deposit in the bank on a regular basis

If we save money conservatively, then deposit in the bank on a regular basis. Currently, the interest rate for state-owned banks is 2.1% for a one-year term, 2.6% for a two-year term, and 3.25% for a three-year term.

If 5 million is deposited for one year, the interest income for one year after maturity is:

210 500 105,000 yuan, which averages to 8,750 yuan per month.

If 5 million is deposited for two years, the interest income we can get after the expiration of two years is:

260 2 500 260,000 yuan, which is an average of 260,000 yuan per month. 10833 yuan.

If 5 million is deposited for three years, our interest income after the expiration of three years will be:

325 3 500 487,500 yuan, which averages to 13,542 yuan per month< /p>

Through calculation, we can see that if you deposit regularly, the average monthly interest income will be at least 8,750 yuan and at most 13,542 yuan.

What we need to know is that the average retirement salary for the elderly in our country is less than 3,000 yuan now. When many people have received their retirement salary for 20 or 30 years, it is only 5,000 to 6,000 yuan. Therefore, the monthly interest income of 8,750 yuan to 13,542 yuan can completely allow you to live a relatively prosperous life.

2. Purchase treasury bonds

In addition to guaranteeing principal and interest on a regular basis in banks, treasury bonds also guarantee absolute principal and interest with zero risk. And another advantage of national debt is that the interest can be paid out every year.

Currently, the interest rate on three-year Treasury bonds is 3.4%. The interest rate on five-year Treasury bonds is 3.57%.

If 5 million yuan purchases a three-year treasury bond, the interest received every year is:

340 500 170,000 yuan, which averages to 14,167 yuan per month.

If 5 million yuan is used to purchase a five-year treasury bond, the interest that can be received every year is:

357,500, 178,500 yuan, and the average monthly interest income is 14,875 yuan Yuan.

With an interest income of 14,000 yuan to 15,000 yuan per month, you can live a carefree life in any city in China. As long as you don't live extravagantly, you will definitely have enough money.

3. Purchase large-denomination certificates of deposit

Large-denomination certificates of deposit issued by banks are also absolutely safe in terms of security. At present, in local commercial banks, the interest rate for three-year large-denomination certificates of deposit starts at 200,000 and is around 4.0%.

If you buy a three-year certificate of deposit from a local commercial bank for 5 million yuan, the interest you will get after maturity is:

400 3 500 600,000 yuan, which averages out to 600,000 yuan per month. 16,667 yuan.

Wuhan, the city where I work and live, is considered a relatively large city, but the average salary is only more than 5,000. The monthly income of 16,667 yuan can be said to be faster than 99% of office workers.

My life is relatively normal, and my monthly living expenses only require two or three thousand. If 16,667 yuan a month has to be spent, then the quality of life will definitely be bad.

With a house, a car, good health, and a bank deposit of 5 million, I am definitely a winner in life.

For example, I work in a bank and my annual salary is about 150,000 yuan. Even if I don’t eat or drink and save all my monthly salary, it will take nearly 33 years to save 5 million yuan. time. I started working when I was 23, and it took me until I was 56 to save enough.

The reality is that there are too many places to spend money, and everything is spent every month. If you can save 20,000 to 30,000 yuan a year, it will be very expensive. So, with 1 million in the bank, I can still think about it. With 5 million in the bank, it is more reliable to buy lottery tickets.

With a bank deposit of 5 million, there is no need to worry about life in this life. If you really plan to retire, put your money in the bank and live a happy retirement life with peace of mind.

Watch the sunrise over the sea in the morning, and watch the sunset over the mountains in the evening. Enjoy life and take a look at these beautiful rivers and mountains.

The author wants to change his thinking to verify whether 5 million in cash is enough for a lifetime, without considering how long he can live, even 100 years.

The safest way is to deposit money in a bank instead of financial products. Because wealth management products may wipe out wealth, only by depositing it in a bank can the dividends be guaranteed forever, and it is best to deposit 500,000 yuan in ten different banks.

First, let’s delve deeper into the two lines of interest rate changes and currency depreciation.

Based on the current five-year interest rate of 2.75%, large certificates of deposit are estimated to increase by 50%, which means the annual interest rate is a little more than 4%. The current M2 is about 8%, which means the annual currency depreciation rate is 8%.

Assume that the average interest rate in the first ten years is 4%, the interest rate in the second ten years is 3.5%, the interest rate in the third ten years is 2.5%, and the interest rate continues at 2.5% in the future.

For the same money supply M2, the money growth rate will be 8% in the next ten years, 6% in the second decade, 4% in the third decade, and will continue to be 4% thereafter. Change. The currency growth rate is equal to the depreciation rate. How much is five million worth, and is it enough?

The five million yuan deposit can only be maintained and enjoyed by interest. Now the interest income is 200,000 yuan. I believe everyone will think that they can live a worry-free life.

But what will happen in 10 years, 20 years, 30 years... N years? The interest will become less and the interest will become smaller. Today we use the present value method to analyze future earnings.

In the first year, with 200,000, you can live a carefree life.

In the 10th year, it was still 200,000, but the currency depreciated 2.15 times. That is worth 93,000 yuan today. Life will be somewhat difficult, but it will be manageable.

In the 20th year, due to the decrease in interest, it is adjusted to 175,000 yuan. But the currency has depreciated 3.87 times, and 175,000 yuan is only worth 45,000 yuan. You have to live like the most ordinary wage earner.

In the 30th year, the interest rate continues to decline and is adjusted to 2.5%, which means the interest rate is 125,000. This is not sensational. This is the current interest rate in developed countries. The currency has depreciated 5.7 times, and 125,000 yuan is only worth 22,000 yuan in current value. That is, only the salary of retirees.

Occasionally, I pick up some cheap vegetable leaves to support my life. The 5 million in cash in the bank has also depreciated, and it is not as rich as the 1 million people today.

Therefore, we can tell you clearly that money does not increase in value by earning interest. Only by continuously making money generate money can we outperform currency depreciation.

Today’s 5 million can still live on the interest of 200,000, but in 10 years the interest will only be 93,000. Can you still live comfortably? In 20 years, there is only 45,000/year interest left. After 30 years, your money is no longer worth 1 million in present value, and the interest is only 20,000 yuan, which is not even the cost of basic living.

If necessary, you can continue counting until one hundred years. All right! Now I can tell you that in a hundred years it will depreciate 100 times, that is, 5 million is worth 50,000 today, and the interest is only 100 yuan/month, which is less than the poverty line of 1 US dollar/day.

As a financial worker, I can clearly tell the questioner that 5 million yuan in cash is not enough for one person to live for a lifetime.

Because the RMB continues to depreciate as the money supply M2 continues to grow. Don't do too complicated calculations, just do a simple calculation and you will know.

If the current interest rate on bank certificates of deposit is about 3% to 4% per annum, the actual inflation rate in our country should not be lower than 6% to 8%. In this way, after one year, a deposit of 5 million yuan can earn 150,000 yuan to 200,000 yuan in interest; on the surface, it seems that 200,000 yuan of interest income will be no problem in maintaining basic survival no matter what type of city you live in.

But when we look at the inflation rate, we realize how serious the problem is. If the RMB depreciates by 6% to 8% in a year, 5 million yuan will depreciate by 300,000 to 400,000 yuan. Adding in the interest income of 200,000 yuan, the actual wealth does not become 5.15 million yuan or 5.2 million yuan, but It has become 4.85 million yuan or 4.8 million yuan. That is to say, as time goes by, if a person lives to be 80 or 100 years old, 5 million yuan will have long since become a negative number due to depreciation, and it will no longer be able to maintain a person's basic life.

Therefore, if 5 million yuan is not invested effectively and is only kept in the bank, it will definitely not be enough for a lifetime.

Uninvited. The questioner’s need is to live on 500W for a lifetime, so he must choose a more capital-preserving method for financial management.

Large-denomination certificates of deposit should be a good choice. At present, the three-year large-denomination certificate of deposit interest rate of the four major banks is 4%, and some commercial banks have raised it to 4.5%.

Based on a simple calculation based on the 4.5% interest rate of large-denomination certificate of deposit, we get:

< p> Annual interest rate: 5000000*4.5%=225000 yuan

Monthly interest rate: 225000/12=18750 yuan

In the short term, this amount of money should be able to make the subject Live a relatively good life.

Looking at the long term, under the influence of inflation of 5% per year, the purchasing power of monthly interest is only about 10,000 yuan.

I don’t know how old the subject is this year, so let’s assume that he needs to use the interest to live for 30 years.

The purchasing power of interest income after 30 years is approximately 4,024 yuan.

By this time it should be time to use the principal.

Overall, the subject’s quality of life is quite good.

This is a rather imaginative question. I think it is necessary to consider the age of the person and his needs before planning. In principle, if the large-scale compulsory savings company does not close down, compound interest will The exponential growth is very scary

Suppose a person gets 5 million in cash at the age of 20 (and has no subsequent source of income), then he buys a large insurance institution For compulsory savings, at an interest rate of about 5%, it can double in about 15 years. If this person can endure hardship, the annual expenses of about 100,000 will definitely be enough. Then to make this money liquid, 1.5 million will be needed in 15 years. The remaining 3.5 million in savings will be doubled to 7 million.

If you need to buy a house and get married at this age, assuming an expense of 5 million, the remaining 2 million can also be reinvested.

Of course, this is just a thought. In fact, if you really don’t have any financial income and want to live on just this 5 million investment, you need to have a very smart brain. , because the actual situation also needs to consider: the stability of the investment institution; inflation; the increase in your social needs (such as how much the house has increased, the cost of marriage, etc.); social security; pension, etc.

Of course, if you are very smart and lucky enough to invest in a company that has increased by more than 200 times in 10 years, you can sit back and relax, becoming the third generation of rich people. This is hard to say. In short, I think a person cannot get rich by saving money. He must have a way to make money. Investment is a very good way to make money, but it requires very strong professional skills. If not, it is best to rely on other skills to make money. . The above content is my personal opinion. If there are any mistakes or inappropriateness, please criticize and correct me

People who now have 5 million will never be mediocre people, nor will they sit on their hands. They will definitely dare to embrace the future without fear. change. Therefore, people who really have 5 million yuan will never worry about eating tomorrow. These 500 yuan assumptions are not iron-clad. Any slight deviation may lead to completely opposite conclusions...

Enough, completely enough.

With 5 points in financial management, 250,000 yuan a year, the income will be enough for you to eat and drink for a year.

If you are not very motivated and work normally, your salary will be five to six thousand, and your salary alone will be enough for you to live.

If you want to open a store, you can use three years' profits to build a supermarket or a canteen and hire someone to manage it. You won't make a lot of money, nor will you lose money.

If you are brave enough, go get a restaurant or cooperate with others.

Even if you do nothing, this income alone will be enough for you to own a car and a house in cities other than first-tier cities within five years, and even in some first-tier cities.

As long as you are not stupid, greedy or extravagant, with financial management alone, five million is enough for a person to have a car, a house and a stable income within ten years.

With five million in cash deposits, I feel that there is no problem in living for the rest of my life, and my life is quite comfortable. If you have five million in cash, you should have a house and a car that you should live in. If you don't have a house, then you have to spend a lot of money to buy a house and a car, and then you can't call it having five million in cash.

With five million in cash, how should you plan your life? Is it just that you slowly use up your savings and sit back and have nothing? Of course not. Don’t invest 500 cash in stocks and high-yield financial management, because you may make a fortune, but you are more likely to lose a lot of money. This is retirement money, so be careful. Flowers will do, so where should I put the five million? If it were me, I would buy safe financial products from banks, JD Finance, Alipay, WeChat Financial Management and other channels. There are still a lot of incomes in the 4.00 point range, and the bank pays out a compensation package of 500,000 yuan. So calculated With ten thousand, you can get one yuan a day, with five million, you can get five hundred a day, and with a monthly income of fifteen thousand, under normal circumstances, five thousand to ten thousand is enough for you to live a relatively comfortable life. This five million is worth Gold has not moved, so how can we say that we are sitting on nothing?

Some people will say that money will depreciate in the future and become worthless. No matter how devalued it is, it will follow the salary income of society, so you should use this money to invest in business to earn more money. , Only in this way can you live a stable life, but the problem is that this five million may completely fail due to investment failure, and you will not even have five million in pension money. I would like to ask how many people now have no mortgage or car loan, their monthly salary is guaranteed to be 15,000, and they still have 5 million in cash. It should be very few, and some people may not be able to earn it in their lifetime. To five million, you can save less than one million. Many farmers and ordinary families in their 50s, 670s and 70s have less than 50,000 in savings now, and they can live well until old age, so they can live happily with five million. a happy life for a lifetime.

I am now in my forties. I don’t want five million. I only need a deposit of two million. I think I can live a good life. Two million can earn 200 per day in interest and I can grow flowers and vegetables at home. Raising puppies and kittens, you can do what you like without any pressure, and you feel happy and healthy. I feel that it is much more comfortable than earning 10,000 a month with no savings. The quality of life is higher than that of a star. I now earn 10,000 yuan. Because Wan Duo has no savings, he still wants to save for retirement, so his life is definitely not as comfortable and high quality as the former.

Everyone has a different mental state and a different lifestyle. What suits them is the best. Most of us now are people who don’t have five million or even can’t save five million in a lifetime, but we are doing it for those who have. Five million dollars to worry about, haha, just be happy!

I think that having 5 million in cash is enough for a person to live for a lifetime. If I have 5 million, I will arrange it like this:

First, go to a bank for fixed investment or financial management, with an annual interest income of about 5%, a stable income of about 250,000 per year, and a monthly income of more than 20,000. In our country, it is currently considered a high-income price group. I think even after 20 years, with a monthly income of 20,000, I should still be living a prosperous life.

The second is to buy prime port shops in second- and third-tier cities. At 50,000 to 60,000 square meters per square meter, you can buy 80 to 100 square meters. The annual rent should be more than 200,000 yuan, and the annual return rate is no more than four or five points. question. Moreover, investing in shops and fixed real estate will provide reliable and stable income.

The third is to use it to buy bond-type dividend funds or blue-chip stocks with higher dividends. As a long-term professional investor, there is no problem if the annual return rate is 5 to 7 points. For example, a bond-type dividend fund accounts for 80% of the fund's bond investment and 20% of its stock investment. The annual dividend is at least 7 to 8 points, which is a typical stable investment fund. There is also a certain rural commercial bank stock, the stock price is just over 4 yuan, the issue price is over 7 yuan, the net assets are more than 8 yuan, the price-earning ratio is 3.7 times, the lowest price in history is 4.04 yuan, 5 million can buy nearly 1.2 million shares of this stock, this stock The annual dividend is more than 2 yuan for 10 pieces, the dividend rate is more than 5%, and the annual dividend income reaches more than 200,000.