Do two female households need to pay endowment insurance?

In your case, the burden will be lighter in the future, but it is better to solve the problem of providing for the aged by yourself. I'm glad you can realize this. The sooner you buy insurance, the better.

If you pay social insurance:

1. If an individual participates in social insurance, it shall be implemented with reference to the method for freelancers to participate in social insurance. Freelancers can only participate in endowment insurance and medical insurance. The payment of endowment insurance and medical insurance has specific provisions: endowment insurance: bring my ID card, unemployment certificate and two 1 inch photos to the business window of the local social security center. Medical insurance: after completing the formalities of endowment insurance, take the above materials and the well-run endowment insurance manual to the business window of the local medical insurance center. Just pay the fee normally according to the regulations! ! Freelancers, urban individual industrial and commercial households and flexible employees participate in the basic old-age insurance. The payment base is the average salary of local employees in the previous year, and the payment ratio is 20%, of which 8% is credited to personal accounts. After retirement, the basic pension is calculated and paid according to the basic pension plan for enterprise employees. In terms of medical insurance, freelancers and self-employed individuals can choose to set up a pool fund instead of a personal account, and pay the basic medical insurance premium at 4.2% of the local average monthly salary in the previous year. You can also choose to pay 8% of the local average monthly salary in the previous year and set up a personal account! Employees participating in medical insurance, 6% units and 2% individuals; The payment base is the average salary of local employees in the previous year.

2. There are certain risks in individual payment of social security: there is no guarantee for receiving social security. Once the insured dies before receiving the paid insurance premium, he can only receive part of the insurance premium in the individual payment account, that is, 8% of the total payment account. The advantage of social security is that the amount received can be paid with the minimum amount guaranteed by the local wage level.

If you pay commercial insurance: all major insurance companies have good old-age insurance, and you can also choose universal insurance as your own old-age account. The advantage is to ensure the return of the principal and higher interest income (generally guaranteed to be received for more than 10 years). If you are young at the time of insurance (30-40 years old), the income will be very large when you receive it; Universal insurance is a pure financial product, which can be used as a pension account and can be collected at any time. The disadvantage of commercial insurance is that the income is relatively fixed, although the amount is large, but the anti-inflation ability is weak. Once the price rises too fast, its benefits may not keep up with the rising speed of the price index. If there is enough money to pay the premium, it can be used as a supplementary account for the aged. It is recommended to invest more than 6,543,800 yuan at one time, with the best effect.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.