Does the United States accept retired immigrants?

Retirement is an issue that people of our age are discussing. Retirement in the United States is different from that in China. In the United States, you don't get a pension when you retire, but you have to reach the prescribed age. In our generation, you have to be 67 to get a full pension, and it is rare to get it in advance.

In fact, there are very few pensions in the United States, so it can be said that it is not enough to rely entirely on it. Therefore, many people have their own retirement plans, knowing that they should prepare for retirement as early as possible, so that they can live comfortably. However, most people's preparations before retirement are not as full as expected, so everyone is fighting for pensions.

How many people can really enjoy the planned pension they have saved? Nobody knows.

A few days ago, I saw an overseas netizen miss one of her friends very much. This netizen's friend has been in the United States for decades and bought a house early, with stocks and pension plans. Not long ago, this netizen met him in the supermarket and talked about the economic conditions. He said he could retire at any time now. But three weeks ago, he was diagnosed with advanced lung cancer and died soon. He is only 60 years old.

His ex-wife and two girlfriends in the following decades visited him in the hospital every day during his serious illness, and hundreds of friends came to see him off at his farewell party. He has nothing, no wife, no children, only a lot of money.

This is the case. In fact, each of us will have such an opportunity, just as each of us will have the opportunity to live to 90 or even 100 accidentally. How to estimate our lives is beyond our control. So, although there are many people waiting to enjoy life after retirement, I really don't know how many people can really enjoy it.

What should I do? Live the life you deserve.

On overseas websites, we often see people calculating how much we need for retirement. The articles I have read are basically millions or tens of millions to survive. Thinking about my little money, I often feel a cool breeze blowing behind me. I always comfort myself in my mind that things will eventually work out.

In fact, as long as people are alive, there will always be a way. There are not many people who can't live now, but people just don't want to live a worse life than now. People always have a good life. How to live comfortably and make you a little frugal will make your heart tremble. This is a common problem of people, so people are worried about their retirement.

People, at a certain age, especially at a turning point, will send out some small messages, even if you can't stand it as you did when you were young, even if you catch a cold, you won't get better as soon as before. This is normal and will make you panic. I wonder how many people feel when they find their first gray hair. Some people must remember it clearly. But when your hair is gray or even white, you must not be in the mood.

I met an American, and she said to me, "Look, my hair is all white, but this is my real hair, and they are still there." She tugged at her white hair, which means I'm not bad. This is the general mentality of ordinary people.

When we often have worrying problems, we seldom think that there are people in this world, and there are many people facing the same problems as us. Many problems are problems of all mankind, and many problems are problems of the world. We are so worried because we sometimes care too much about ourselves and are always afraid that our future will be miserable. I always worry about my future, because I didn't get the kind of life I wanted after decades of struggle. Is that so?

Therefore, living in the present and living well in the present is the truth. We don't need to look at our past or worry too much about our future. The best thing we can do is to live in the present and live well in the present!

Overseas, some people are older than us, but not many. Some people go abroad late and don't have much work. Many people have almost no pension, and some people are more capable. After going abroad, they earned more money by working. With these younger people, it seems that it is not two generations, but basically a generation. The lives of these people are not exactly the same as those who came to America earlier and their descendants.

It's just that these people, people of the same age, are not exactly the same by comparison. This is a phenomenon in capitalist society. People's living standards are at many levels, even among what we call ordinary people. Because the dividing line of the American middle class is that the income is between tens of thousands and hundreds of thousands.

How to face your future pension problems, how to face and plan your own pension plan? This is a problem that many people are paying attention to and thinking about.

Today, I saw a netizen's article and introduced my own experience. I feel it is worth recommending. Many netizens said that this article is much more practical than those articles in which millions or even tens of millions of people retire. I feel the same way. Everyone has different economic ability, different living standards and different requirements for life.

In fact, what kind of life is really comfortable after retirement will not be known until then. No matter how much you think and plan, it is better to live every day now. Work hard now and there will be hope in the future!

Come on, it will be better when you are old!

Make your retirement plan early.

Text/Alabama

It has been nine years since I retired. I suggest that Chinese in the United States make retirement plans as early as possible, and don't be as helpless as Zhang Ailing was in her later years!

Most Chinese in America are hardworking, and basically both husband and wife have jobs. Although not everyone's salary is very high, generally speaking, it is more than enough to maintain life. As far as I know, some people are just satisfied with their present living conditions without considering how to arrange their lives for decades after retirement.

Some people in China still have the traditional concept of "raising children for the elderly". They always think, "If they are really desperate in their later years, their children will always help me." This concept does not exist among Americans. I advise you to give up the concept of "raising children to prevent old age" and rely on yourself.

If your child is very capable and becomes a company executive, he will generally not be around you. He/she occupies a high position and is busy with business every day. He/she comes to see you once a year on Thanksgiving Day, which makes you happy from ear to ear. There is no way to support the elderly! Even if he/she provides you with some financial support, he/she may depend on the face of his/her daughter-in-law. Are you willing to lend a helping hand to your children?

If your child has average qualifications or is unemployed for some reason, you may have to help him/her all the time. Ha ha!

So I suggest you prepare for retirement in your later years and stand on your own two feet! Be prepared not to get help from children.

There are two aspects of retirement preparation, mental preparation and economic preparation.

Let's talk about psychological preparation first.

People's life, from childhood to old age, from youth to middle age, has stages, and we must work hard; When you get old, you want to retire and support the elderly, and everything goes with the flow. Personality strength, health status, economic conditions and academic background are different among people, so we can't generalize them. Some people are very enterprising and should devote themselves to science, nature and mankind until they die! Take Huawei as an example. He collapsed on the podium and had no plans to retire. Some people, on the other hand, are diligent in middle age and have established a certain economic foundation. In their later years, they hope to retire on time, relax and support themselves. Some people have many hobbies. After retirement, they can concentrate on their own expertise and enjoy the second spring of life. These people are all ready for their own destination, so just arrange their old age according to their own wishes.

There are two kinds of people who feel uncertain and difficult to make up their minds when they approach retirement.

The first kind of people never plan how to spend their old age when they are young. There are many Americans and China people, and I have met a few. No matter how much you earn every month, you eat up all your money and have little savings, moonlight clan. They have their idea, "Enjoy being young." Old people not only have no energy to climb mountains and wade, but also see far. The taste, hearing and vision of the elderly have deteriorated. Even with more money, how can they enjoy life? Generally speaking, such people have special hobbies when they are young, such as traveling, gambling, stock trading and so on. I have two friends, one who plays the stock market and the other who gambles. They have the same goal. The house was sold and my wife divorced. In the end, in order to avoid debt, one disappeared out of thin air; One has no choice but to return to China. Fortunately, he found a rich daughter, got married and pulled himself together. When these people are nearing retirement, they have little money. Think about their poverty, poverty, desolation and loneliness in their later years. Although their physical condition has been declining, they dare not retire. Once they bite the bullet, they will work for another few years. These people, mainly when they were young, never cared about how they spent their old age, and they were not prepared for it very early.

The second kind of people are always worried about doing nothing after retirement and don't know how to arrange and spend their spare time after retirement. I feel that I have no job and my life is empty and boring. Such people often have no hobbies, don't know how to arrange their colorful lives, and how to enjoy colorful time. They can only work to kill their lives. They don't know that people live in this world, and work is not the only life sustenance.

In fact, the second kind of people don't have to worry. Any hobby can be cultivated. People who believe in religion can go to church after retirement, discuss doctrines with members and contribute their own strength to their beliefs; Non-believers can plant flowers and grass, take photos and draw pictures, dance and exercise, read books and newspapers, play chess online, chat on WeChat, cook, eat, drink and be merry, and recite poems. . . . . . Ah! Ah! On this day, the immortals yearn for it! How can it be boring I tried it myself. I used to like photography. Later, when my wife got sick, I reluctantly sold all the photographic equipment and stopped taking pictures. I switched to painting, and it only took 2-3 weeks. The characters I draw have noses and eyes (posted on my blog for reference). Netizens all say that I have a painting foundation, but I just know it now. At that time, I thought of learning to write poems and write lyrics. Of course, it is more difficult, and it is not impossible to learn (there are also poems posted on the blog for reference). Recently, I am learning chess from my son. I realized that everyone can learn as long as they are willing to learn, but the speed of learning is different and interest can be cultivated!

After retirement into old age, your spouse or yourself may get sick, so be prepared psychologically. After the age of 50, senile diseases may approach you step by step. The first is anxiety and depression, which are not easy to find. If you slowly lose interest in what you used to be interested in, you should pay attention to whether it is a precursor to depression and suggest seeing a doctor. Followed by cardiovascular diseases, diabetes, brain degeneration, tumors, osteoporosis, and so on. Don't be afraid. It's no use being afraid. Once you find the problem, seek medical advice as soon as possible. There are many gerontologists who are helpless and can only cultivate themselves under the guidance of doctors. The elderly should face up to the reality and be psychologically prepared. This is the last stop of life. Everyone will have this experience, but some people come early and some people come late. Some people walk fast, others walk slowly. The most important thing at this stage is to keep a cheerful mood, spend every day happily and walk the road of life calmly.

I have a request to myself, asking if I have done what I want to do. Have you tried? If you do and try everything you want to do, whether it is success or failure, this life is worthwhile. What's the difference between meeting God at 80 and meeting God at 90? This is the psychological preparation for the last stop of my life.

The second is economic preparation.

When it comes to financial preparation after retirement, there have been many articles on the Internet. Some people have suggested that there should be one million, two million, five million or even ten million. I think we should proceed from reality. Most immigrants from China belong to the middle class, engaged in scientific research, art, teaching and running restaurants. . . . . Of course, there are also rich immigrants, companies and enterprises in China, and such people are a minority after all.

The average median income in the United States is around 50,000, and the median income in China may be slightly higher. Besides, most couples in China have jobs. If the annual income of a family of four is more than100000 yuan, it is not easy to bring up two older children. Most children in China families have skills training since childhood, such as playing the piano, playing the violin, fencing and ballet, which is much more expensive than when we were young. Plus the cost of going to college, 50 thousand a year is still a relatively poor university. Although you can apply for a loan, green card holders cannot apply; Even American citizens, China families are often willing to solve their own problems without loans (children can get some scholarships). In this case, it is hard for a family and a couple to imagine that they can accumulate 1 million in their later years.

How to solve it?

1. During the working period, in addition to joining the social security plan and the medical insurance plan, you should also buy enough retirement benefits as much as possible and start working in principle.

2. Retirement benefits include 40 1K, IRA (individual retirement account), RothIRA and pension. For details about retirement benefits, please refer to my blog post "Talking about American Old-age Retirement Benefits", so I won't go into details here.

These retirement benefits should be based on one's own financial resources, the sooner the better, the more the better. But it should be noted that these benefits can only provide you with the cost of living in your later years, including proper travel. However, it is not enough to guarantee health, health care and care after retirement, and another account needs to be established. It is difficult for the elderly not to get sick, such as paralysis caused by stroke, brain degeneration, cerebral infarction, senile psychosis, paralysis caused by some reasons, etc. They need to live in a nursing home or a nursing home, which requires a lot of money. Retirement accounts alone are not enough.

In our area (Alabama), the monthly cost of nursing homes is about 6000 dollars, but it is more expensive in other areas. I checked online, and about 50% of Americans living in nursing homes can apply for Medicaid, a kind of medical insurance for low-income families subsidized by the government. This living allowance can help patients living in nursing homes pay part of the expenses. Most families in China are slightly above the middle income level and cannot apply for Medicaid. Of course, not every family has people living in nursing homes, but once someone has to live in them, you must be prepared for the money.

Some people say that long-term medical insurance can be used. Yes, if you want to use an insurance company, firstly, the earlier you apply for insurance, the lower the monthly fee, but the longer it takes. LongTermCareInsurance came to mind when I was about to retire, and the monthly cost was too high (often 1000 yuan/person/month), which was not cost-effective. Secondly, not everyone lives in a nursing home. If two healthy old people live to be 90 years old, the annuity paid every month will be ruined and earned by the insurance company!

So I suggest that in addition to retirement benefits, I should set up my own account to prepare for the expenses of the nursing home. If someone really lives in NursingHome, you are prepared and don't have to worry about the cost; If no one gets sick, the money is still yours, and there is no waste.

7. So how much does this account cost? About half a million dollars is enough. This figure is not my own imagination, it is well-founded. I have a friend, Bill, who is the manager of StateFarmInsuranceCompany. I'm not very close to him, but we are. We all like photography. I once asked about long-term medical insurance in a chat, because my family is now living an assisted life. He said to me, "The insurance company has statistics. Most couples live in nursing homes, and the chances of both living in nursing homes are too low. Once you live in a nursing home, your life expectancy is about 3 years. At present, the average cost of NursingHome in the United States is about 8-65,438+million/year. If you have a balance of 300,000, I advise you not to buy long-term medical insurance. " 300,000 means the current situation, plus future inflation, 500,000 is enough. Please note: this refers to the extra deposits in addition to retirement benefits.

8. How to set up a 500,000 account? For a middle class, it should be possible. The problem is to consider investing as soon as possible.

People in China like to buy houses. Of course, buying a house is a good investment. In the long run, real estate will always increase in value. I have calculated that the average annual growth rate of real estate in our area in the past 20 years is 3.5%, plus it can be rented every year, and there is also a considerable income. If you buy 2-3 sets in addition to your own house, you basically don't have to worry about it in your later years. Even if someone lives in a nursing home, the cost can be paid by selling the property. There is a very troublesome problem in buying a house, that is, you must take care of yourself, find a tenant, investigate the credit of the tenant, and decorate the house. . . . . . Wait, you have to spend your labor. I still have to take care of these properties after 70 years old. Even if I am in good health, I always feel a bit cumbersome.

An easier way is to invest in the stock market. The average annual growth rate of American stock market is about 8%. Please note: I'm not suggesting you buy stocks! ! ! Investing in stocks is too risky unless you have a unique vision. As Buffett suggested, as long as you choose the S & ampP500 index fund, invest if you have money, and it will be effective after 20 years.

I basically followed Buffett's suggestion. 1986 came to America, 199 1 bought a house. After that, I started to set up my personal investment account. At first, I invested in stocks. After several failures, I washed my hands and switched to fund investment. This has been the case for more than 20 years. Regardless of the stock market turmoil, as long as I have spare money, I will invest it, whether it is 300 yuan or 500 yuan. 9 1 year, I remember S &；; The P index is around 400 points, and now it is 2 100 points. Although I don't have much spare money to invest, the return is still considerable.

9. The above is my experience after retirement. I, a civilian, have no official and no ancestors. What I'm talking about here is how to make financial preparations for retirement under general living conditions. If you need a luxurious lifestyle, 1 10,000-10/10,000 may not be enough! That belongs to another category, so it is impossible here.