How old is it appropriate to pay social security by yourself?

Male 45, female 40, it must be cost-effective to buy social security by yourself.

According to the current policy, men are 45 years old and women are 40 years old, and they will retire in 15 years. When the old-age insurance has been paid for 15 years, if the number of years is not enough, you can also pay the medical insurance. If this policy is not adjusted in the future, then men are 45 years old and women are 40 years old, and they can enjoy various benefits when they retire.

Even if the retirement policy is adjusted in the future, retirement is delayed, or the time for applying for retirement exceeds 15 years. This age group is a very suitable age group, so that individuals will not feel that retirement is far away because they have paid social security for too long, and they can also apply for retirement after paying enough time, which is a relatively cost-effective age group.

If people of this age pay social security by themselves, it is to enjoy the national pension insurance retirement policy and to avoid possible medical risks when they are old. And this is just right in terms of cost, and it is the most cost-effective stage.

Individuals need to pay more than 600 yuan a month to buy social security, which will be nearly 10 thousand yuan a year.

This sum of nearly 10,000 yuan is still a big burden for most young people, and there is still a long way to go before they can enjoy pensions and retirement benefits.

Let's talk about enjoying medical insurance benefits first. Young people are generally in good health and have a low probability of getting sick. However, for insurance reasons, it is recommended to pay residents' medical insurance and commercial medical insurance. Residents' medical insurance is less than 200 yuan every month, and pure commercial medical insurance is only 1000 yuan per year, but the reimbursement ratio and amount are ok, and the two add up to about 1000 yuan.

Compared with nearly10,000 yuan, more money can also be used for investment, or for buying commercial endowment insurance, which is also very profitable.

Social security is the most basic guarantee of our life, and it is the guarantee of maintaining our basic life. Commercial insurance is more powerful, and its unique protection function and asset preservation function are irreplaceable by any other financial instrument. Specifically, we can compare from the following aspects:

1, nature of insurance:

Social security is the embodiment of the state or enterprise's medical care, pension and other benefits to individuals. It is mandatory and the principle of "social justice and fairness to all". Social security is a low-level insurance, not a package. According to China's national conditions, there are too many porridge, and the set meal can't be eaten; Commercial insurance is a kind of personal behavior, which is purchased voluntarily, self-planned or personally according to one's own economic ability and social security. It is a higher-level life arrangement and embodiment. More planning means more, less planning means less, and no planning means nothing

2. Payment time:

Social security pension must be paid continuously after 15 years, and can not be collected until the legal retirement age. The payment time of commercial insurance is flexible, and it can be paid once, 3 years, 5 years, 10 years, 20 years ... The length of time is up to you, buy early and enjoy early, and decide the retirement arrangement at the age of 40, 50 and 60.

3. How much to pay:

The payment of social security is basically the same for everyone, as long as they participate. The unit pays about 20% (or 12%) and the individual pays 8%. The monthly payment method will increase over time. Commercial insurance is a personal behavior. According to your own actual situation, you can pay more and pay less.

4, pension and medical security time:

The medical and pension functions of social security are how long you live, and the longer you live, the more you will benefit; From this perspective, social security is very cost-effective for people who live long, but not for people who live short, because they can't retire and their families can't collect it on their behalf. However, only some products are guaranteed for life, and most of them can only be guaranteed regularly until the age of 80 or 100; Medical insurance is basically paid for one year and guaranteed for one year, but it is regularly guaranteed until the age of 65 or 80. If an exemption is attached, the beneficiary can continue to receive it if he "leaves" halfway. (Hong Kong insurance companies, whether it is pension or critical illness protection, are all life-long protection or 100 years old. )

5. Accident protection:

Social security only covers accidents in the workplace, and accidents on the way to and from work, at home or traveling are not reimbursed. Commercial insurance accident and accidental disability insurance, generally speaking, can be reimbursed anywhere. And accident protection is to get a high amount of insurance at a low premium.

6, disease protection:

Medical expenses related to social security are reimbursed with relevant vouchers, with deductible line and capping line. Except for self-funded drugs, they shall be reimbursed in proportion within the scope of reimbursement. However, commercial insurance and social security reimbursement for minor illnesses complement each other. After social security reimbursement, submit the contract guarantee as far as possible; However, reimbursement for serious illness means that after the disease is diagnosed, it will be paid first with the medical certificate, and the amount guaranteed by the contract will be paid in full. Generally, the cost of serious illness is tens of thousands, hundreds of thousands or millions, so early payment provides convenience for patients to treat and choose medical treatment early. This also highlights the humanization of commercial insurance.

7. Nutrition subsidy costs:

Commercial insurance can pay 50-200 yuan/day as a subsidy for nutrition expenses during hospitalization, and this subsidy can also be used as a offset for bed fees or self-funded drugs. Social security can't do this.

8, death protection function:

Social security is not cost-effective compared with people who died several times before payment or collection. Family members refund part of the value of personal accounts and reimburse funeral expenses, which is basically not compensated. The guaranteed products of commercial insurance have high life insurance coverage. After 24 hours or regular entry into force, regardless of the duration of insurance, even if only one payment is made, the family members will be given high compensation for the death of the insured. Let the family get financial compensation, let the elderly get support, and let the children continue to go to school normally. No one had an accident and the whole family lost. This is especially important for a young man who is the breadwinner of his family.

At this point, social security reflects the maintenance of a single individual's life, while commercial insurance more reflects the responsibility and protection for individuals and families. In other words, social security benefits are only for individuals, while commercial insurance benefits are more for Hui Ze or saving the whole family.

9. Tax exemption function:

Social security has no premium exemption function. The merchant has the function of exempting the insured from payment due to serious illness, that is, during the payment period, if the insured suffers from serious illness, the residual premium after insurance payment can be exempted, but the policy benefits he enjoys remain unchanged; Or the education fund insurance that parents take out for their children. If the insured who pays the fee dies or is completely disabled during the payment period, the rest of the premiums will be exempted and the benefits enjoyed will remain unchanged. In other words, parents can ensure that their children get a good education under any circumstances;

10, cash function:

You can't withdraw money by paying social security halfway, but you can only withdraw money by paying it in full to a fixed retirement time, and the amount you receive is also passive; Commercial insurance is relatively convenient to obtain, which can be realized by using policy loans or directly reducing the amount of insurance.

1 1, anti-inflation function:

The cost of social security will increase with the change of inflation; It is an advantage to receive a pension according to the average salary at retirement. The payment of commercial insurance is relatively fixed, and it is a disadvantage to set it in advance, but the floating interest rate that supplements long-term accumulated dividends and wealth management insurance can resist inflation and prevent our money from depreciating with interest rate changes.

12, beneficiary:

Social security insurance is aimed at individuals, and its function disappears with the death of individuals, so family members or future generations cannot inherit and continue to benefit; The guarantee of commercial insurance is with the insured. Regardless of the payment time and the age of the insured, the life insurance can be inherited by family members. In other words, the payment of social security may be much more than the payment, but the payment of commercial insurance, whether before or after death, is definitely more than the payment (unless it is unilaterally surrendered a few years before payment); Moreover, the beneficiary of the death of commercial insurance is designated by the insured himself, or it may be legal by default without designation.

13, tax avoidance function:

Social security has no tax avoidance function. Merchants have the functions of tax avoidance, safety insurance and inheritance of assets. In short, social security is a rough house. People have to decorate and buy furniture if they want to live in it. As for whether it is paperback, hardcover or luxury, it is up to the individual-this is commercial insurance. Therefore, to ensure our overall quality of life, we can calmly face the ups and downs in life at any time. Only social security is not enough, and commercial insurance must be added to ensure the perfection and prosperity of life!