Pension Savings Insurance: The difference between people who know this and people who don’t.

Law-abiding supervisor deliberation number 2022-1017 <Valid period of deliberation number from October 18, 2022 to October 18, 2023>

The age of middle-aged people is now called the sandwich generation.It means the last generation to hold a memorial service for elderly parents and the first generation that cannot rely on their children.The generation that knows both analog and digital has lived fiercely, but in a way, it is also a really sad generation.

However, when we think about the fact that the population is decreasing and the elderly live longer and longer, we can understand the reality that we have no choice but to accept.

Everyone is doing their best for their children, but now that I have to take responsibility for my old age, I don’t know how much longer I will live in the future, I think pension savings insurance is the biggest gift I can give to my old age.

How much will I need after my retirement?

We usually retire before our 60s. And even though we live in the age of 100, how long should we be if we were to be 90 years old, considering the current average of about 85 years old?

 

Of course, prices will rise more and more, but if two elderly couples eat only two meals a day, it will cost 32,000 won. Even if they calculate 30,000 won a day, they will need 328.5 million won if they cancel the contract by the age of 90.

By the way, do we really only need to pay for food in our old age?Can I buy it safely for 30,000 won a day?Usually, if you spend 1 million won a month while doing economic activities, you need about 70 percent of it in your old age.https://palife.co.uk/wp-content/uploads/2016/03/shutterstock_316713254.jpg

Since the two couples do not leave the world as promised at one time a day, but live in different circumstances, and each family has different periods of financial independence, it is necessary to think carefully about retirement consumption activities.If other income activities can be carried out after economic activities, will it be difficult to understand?

Don’t forget that the pension savings insurance that you are preparing to end the rest of your life supports the quality of life in your old age.

Don’t forget that the pension savings insurance that you are preparing to end the rest of your life supports the quality of life in your old age.

have to separate medical expenses from living expensesYou can plan for meals, living expenses, and travel funds for old age.For example, if an elderly couple in their 70s plans to spend 1.5 million won a month on living expenses, they can prepare a pension of about 300,000 won to prepare for their retirement expenses.However, the cost of food and clothes is not the most as you get older.That is the hospital fee.Most geriatric diseases have one disease, and when they’re all over, they don’t get it again, but they often come all at once like dominoes fall. In addition, a serious disease once contracted may require long-term treatment.But honestly, I can’t predict the cost of the hospital there.We don’t know when and how we will get sick, so no one knows how much it will cost to get old and hospitalized.If two couples prepare a pension of 1 million won per month for their old age, they will receive 3 million won per month from the age of 65 after 20 years of payment.However, if my husband gets colorectal cancer in his 70s and receives anticancer treatment for more than a year, the cost of a cancer care hospital will be an additional 1 to 1.5 million won per month, even considering his age.Then, with the 3 million won you get every month, you will have to pay for living expenses, transportation expenses, food expenses, etc.You will spend all of your hard-earned retirement funds on hospital expenses.If the couple prepares 500,000 won for the remaining 500,000 won, they will be paid a lot of money for cancer diagnosis, surgery, and actual expenses, and will be able to spend the pension on medical care and medical care.It is important to pay monthly living expenses when you prepare for your old age, but don’t forget that you have to pay extra for the hospital.be to be paid for lifeBeing paid for life until death is the greatest strength of pension savings insurance.Currently, the average life expectancy of men is only after their 70s, and the average life expectancy of women is in their mid- to late 80s, increasing.Also, as medical technology develops more and more, hospital benefits may improve, and we may live longer than we thought.Humans need money from the moment they are born to the day they die.No, you need to pay for the funeral even if you die.To live longer is a blessing, you shouldn’t worry about money while living longer, but most of what you accomplished when you were young must be helpful to your children, and even small jobs you looked for when you got older will eventually disappear and only consumer activities will remain.Don’t forget that pension savings insurance, which is paid like a lifetime to prepare for when we’re making money now, is the only hope that we can end our later years beautifully.Don’t forget that pension savings insurance, which is paid like a lifetime to prepare for when we’re making money now, is the only hope that we can end our later years beautifully.Living longer in modern times doesn’t mean living longer and happily, but it means having a longer illness and spending more time without economic activity.We have to live longer than we thought, and there’s only one thing we need to be happy about our old age.It’s not a lot of money, it’s a living expenses that you get paid every month until you die.Are you well prepared for your old age?Why don’t you simulate the most advantageous and safe preparation for retirement in Korea with me now?I’m Kim Jaehwan, the team leader of The Best Innscare.Thank you.Are you well prepared for your old age?Why don’t you simulate the most advantageous and safe preparation for retirement in Korea with me now?I’m Kim Jaehwan, the team leader of The Best Innscare.Thank you.Are you well prepared for your old age?Why don’t you simulate the most advantageous and safe preparation for retirement in Korea with me now?I’m Kim Jaehwan, the team leader of The Best Innscare.Thank you.Are you well prepared for your old age?Why don’t you simulate the most advantageous and safe preparation for retirement in Korea with me now?I’m Kim Jaehwan, the team leader of The Best Innscare.Thank you.Previous Image Next ImagePrevious Image Next ImagePrevious Image Next Image