if you put aside and how much shortfall of retirement?

Finance – Stock Market And Stock Markets | Earlie Sapper | 1 views

80 year lives! Being vigorous, to send pleasant second life,…?

The simple life table 2006 was announced to 7 ends of the month from the public welfare Ministry of Labor.Average life of the man n/a years old, average life of the woman with n/a years old, also the man and woman exceeded the preceding year.

In addition, the expectation which is displayed life expectancy of each age (the person of the age which is can live rear no year,) with it became the result which exceeds also the man and woman with all age in comparison with the preceding year.In 60 years old which many enterprises have made retirement age age, life expectancy of the man is n/a years old, the woman n/a years old.

If time after the retirement which becomes long, how it has, feeling at rest, while analyzing the life of present senior citizen household, it keeps verifying the method of preparation whether it is possible to pass.

Checking the housekeeping expenses of senior citizen household!

In beginning, it will try checking the present condition of housekeeping expenses of the senior citizen household which presently receives annuity.

According to the family income and expenditure survey of the general affairs ministry, the husband 65 years old or more, the wife being the married couple of 60 years old or more, as for average revenue of 1 months of senior citizen household where the household main thing is inoccupation, 224,489 Yen, as for average expenditure 269,146 Yen the result which is said has been produced.Breakdown of earnings and expenditure is as in the graph below.

* From 2006 general affairs economical family income and expenditure survey

As for feature of expenditure of senior citizen household, in comparison with the other generation

medical expenses insurance, entertainment expenses, higher spending of entertainment expenses

education, lower transportation and communication expenditures

point that is raised. but, the breakdown of expenditure of communication and transportation costs are, while spending accounts for major communications expenses, such as mobile phones and the internet is the younger generation, transportation such as taxi fare will be the main expenditure becomes elderly households.

of elderly households by the survey data above1if you compare the revenue and expenditure of months, shortfall is44,657the yen has caused. this shortfall, must be supplemented by such facts indicate reserve assets such as savings.

here, let’s compare the age and other household assets and liabilities of the status of elderly households. average savings of elderly households2443ten thousand yen, of other age2average savings of more than one household1722exceeds the ten thousand yen. also, also about the status of debt, elderly households, so that’s almost finished, such as mortgage repayments of long-term loans, most high-debt40average debt outstanding teenage years914compared to the ten thousand yen, debt outstanding of elderly households174and ten thousand yen20%has become less than.

from the point of view of these numbers, elderly households currently, you say the relatively large economically stable households (the number of savings and debt, heisei19years7ministry of internal affairs and communications announced mon family life as seen from the household account book than) .

how much funding is required? the estimates on the next page!

a bit more complicated! ? is the calculation of the amount funded.

how much need? ~preparing for retirementPart1

from the amount of income of elderly households currently lack, let’s estimate a shortfall of old age.

but, elderly households in the current working generation and the employment situation and the economic situation is different. on behalf of the ever-increasing salary and lifetime employment, of performance-based wage system has been introduced in many companies, increased employment of non-regular employees, has also changed retirement plans.

public pension, slide review of macro-economic benefits and burdens by (more future benefit levels~what macro-economic slide? reference) is introduced, by promoting the balance of benefits and burdens, level of future pension benefits is expected to be lower than the current level of benefits. and therefore, the current working generation, true and important to be considered early to prepare for old age.

so, let’s estimate the amount of reserves set aside from a young age if the minutes of future shortfall. here, based on the above data1shortfall per months5million yen20and shall prepare a reserve amount for years receive, preparation period is20suppose you set aside in that year.

first, 1amount is insufficient to months5because the ten thousand yen, month5if you receive funding from the amount of ten thousand yen, 1in the year60you will receive a ten thousand yen. and therefore, year60million yen20year will continue to receive. amount needed to make this goal (principal) let’s calculate the.

the compound interest while the principal operational this1years60consider going to receive ten thousand yen each. certain period of time while compounding the principal operational, when calculating the amount necessary to receive a fixed amount each, actuarial present value factor it is useful to that calculated using the coefficient.

(present value of annuity factor table)
period (years)	operation rate
1%	2%	3%
1	n/a	n/a	n/a
5	n/a	n/a	n/a
10	n/a	n/a	n/a
15	n/a	n/a	n/a
20	n/a	n/a	n/a
25	n/a	n/a	n/a
30	n/a	n/a	n/a
35	n/a	n/a	n/a

1years60million yen20year, the principal1%receive while in operation on condition that, let’s calculate the required amount. equation for calculating the amount required

amount received year×actuarial present value factor=principal need(reserve target amount)
so, and apply a number in each

60million yen× n/a (operation rate1%, period20years)

= 1094million yen (1less than ten thousand yen rounded)

next, reserve target amount is 1094million yen will be.

then, the target amount of this reserve20reserve amount set aside in the year if the annual(contributions) let’s calculate the. again, calculated using the coefficient. reserve amount needed to accumulate the target amount over a period of time (annual amount) when calculating the, final pension value factor it is convenient to use.

(final pension value coefficient table)
period (years)	operation rate
1%	2%	3%
1	n/a	n/a	n/a
5	n/a	n/a	n/a
10	n/a	n/a	n/a
15	n/a	n/a	n/a
20	n/a	n/a	n/a
25	n/a	n/a	n/a
30	n/a	n/a	n/a
35	n/a	n/a	n/a

funded 20year, operation rate2%the reserve is, the target amount1094million yen is a condition that. equation for calculating the amount of required reserve,

target amount÷final pension value factor=required reserve (contributions) amount (annual amount)
so, and apply a number in each

1094million yen÷ n/a (operation rate2%, period20years)

= 441,400yen (100less than ¥ rounding)

is. 1reserve per months (contributions) amount is

441,400yen÷12month= 36,783yen (1less than ¥ rounding)
next, the preparation period20years, the operation rate2%when you1months about37,000yen will be able to prepare a shortfall in funding of.

to summarize the relationship of principal preparation and reversal of the above funds, can be represented in the figure, such as:.

need more freelance? (next page)

the amount required is higher goals…

how much need? ~preparing for retirementPart2 (if the household free-lance)

survey data were used in the calculation of the above is the current average household akumademo. in the survey data is social security benefits in retirement income, 209,517and the yen had become. husband to a company pension in-40annual subscription, the national pension is a housewife and wife40annual subscription if a model case, couple2the total amount of old-age pension a person receives about23million yen (heisei19year amount) because it is, social security benefits outweigh the costs used to calculate.

however, in a couple of freelance, the national pension only wife and husband40annual subscription if the case that, couple2the total amount of old-age pension a person receives about13million yen (heisei19year amount) is. less than the amount of social security costs was used in the case, shortfall is1months about12ten thousand4,000yen, 1years about150will be ten thousand yen. this shortfall20need to receive principal of year (reserve target amount) required reserve and (contributions) let’s calculate the final value with a coefficient factor and pension actuarial present value under the same conditions as above the amount.

(principal need (reserve target amount) )

150million yen× n/a ( actuarial present value factor: operation rate1%,period20years )

= 2734million yen (1less than ten thousand yen rounded)

(required reserve (contributions) amount)

2734million yen÷ n/a ( final pension value factor: operation rate2%, period20years )

= 1,103,200yen (100less than ¥ rounding)

1,103,200yen÷12month= 91,933yen (1less than ¥ rounding)

shortfall will be many minutes, if the couple is self-employed or freelance, principal must also reserve necessary (contributions) it also increases the amount.

ranked # if you start from now how much? ~let’s compare the amount of reserve

the above calculation example, is the required amount and reserve shortfall was estimated with reference to current income and expenditure of elderly households. in preparation for retirement funds, couple2shortfall of living expenses as well as human, death of spouse1thought you could take a look at the amount of monthly reserve also consider the cost of living of the people after.

here60the target amount of funding up to the age of3000million yen, production rate2%as the operation of compound interest, the age of the beginning fund25years, 30years, 40years, 50the amount of monthly reserve if you need years, let’s compared with a coefficient to calculate the final value of the previous pension.

25start from the age of the reserve, 35set aside in year

3000million yen÷ n/a = 588,300yen (100less than ¥ rounding,forth)

588,300yen÷12month= 49,025yen

30start from the age of the reserve, 30set aside in year

3000million yen÷ n/a = 725,000yen

725,000yen÷12month= 60,417yen

40start from the age of the reserve, 20set aside in year

3000million yen÷ n/a = 1,210,500yen

1,210,500yen÷12month= 100,875yen
50start from the age of the reserve, 10set aside in year

3000million yen÷ n/a = 2,686,100yen

2,686,100yen÷12month= 223,842yen

as above, the greater the compounding effect and a long maintenance period (more 30preparation of retirement funds from the die~be the first to start even a small reference) so, you can lighten the burden of starting a reserve fund in the early.

also, a comparison of changing the interest rate for each operation to start the fund age, will be as follows:.

(comparison of the amount of funding due to differences in production rate)
age of onset reserve	operation rate
1%	2%	3%
25years	72million yen (6million yen)	59million yen (5million yen)	48million yen (4million yen)
30years	85million yen (7million yen)	72million yen (6million yen)	61million yen (5million yen)
40years	135million yen (11million yen)	120million yen (10million yen)	110million yen (9million yen)
50years	284million yen (24million yen)	269million yen (22million yen)	254million yen (21million yen)

less than ten thousand yen rounded, annual amount in the table are (monthly in parentheses)

if you can operate at high operational interest rate financial products, you can lighten the burden of monthly reserve to start no later than age. but, high-return financial products also increases the risk. to lighten the burden is still, you say is important that you begin to prepare early.

healthy elderly, its secret?

current was a lot of people financially stable60generation and70die, this was in very good shape behavioral. according to a survey by the ministry of internal affairs and communications, it has the most travel-related expenditures60teenage years in the household, it is the second largest70teenage years is a household. further, it also has the most amount of charge the use of sports facilities spending60teenage years in the household, least30compared to households under the age of about8times the expenditure has. can be relaxed60be enjoying plenty of time after the age of there are also some on the survey results.

also to become such a healthy elderly, economic independence and clear is important that. because that’s still ahead now it is time to take money from and, and even little by little we started without delaying the preparation, you can also lightly burden.

also, self-employed or freelance old-age pension is the only national pension, more, you will need to ensure their own retirement funds. if self-employed or freelance, use of public pension funds and many benefits to defined contribution retirement funds is ready to ensure, always try to prepare early to take advantage of private pension and insurance available to everyone.

related links
shortfall of pension, how to prepare much?
let us consider a couple! in old age is much needed?
20preparation from the age of retirement funds. still not a fast?
30preparation of retirement funds from the die~be the first to start even a small