Is the custom of saving for retirement correct?
In a magazine, an article was posted that advised financial planners to new employees who graduated from university, saying, “Take a habit of saving part of your salary for retirement”.
I read this, and I felt that my advice was such that the scale of my life would be reduced to a new western employee. Is the new employee probably around 23 years old? If the retirement age is 65 years old, or 70 years in the future, there will be more than 40 years of professional life in the future.
◆ The world after 40 years …
About 25 years have passed since the spread of mobile phones and the Internet, and 10 years have passed since the emergence of smartphones. Of course it does not exist 40 years ago. When I was a kid, I had a double-layer washing machine, a Goemon bath that burns a bowl, and a black telephone for a cassette tape recorder. But 40 years later, it no longer exists.
How did you work in the office when you didn't have a personal computer or the Internet, how did you meet on the go when you didn't have a mobile phone? There are a lot of people who don't know what they are talking about when they talk about cassette tapes and black telephones.
Considering that, 40 years is a long enough to change the environment and lifestyle.
I don't know what will happen to my new employee after retirement. The times are changing beyond imagination, and the way people live is also changing. In an extreme case, it may replace a new unit of currency, and the pension may become a completely different system.
I also saw a fairly old life insurance policy before, but I wrote that the maturity refund was 20 yen. It would be troublesome to ask for a refund, but at that time there would have been people who joined to become part of the funds for retirement.
In such an era of drastic changes in the environment, how meaningful is savings in the future 40 years? Will he continue preparing for his retirement for 40 years?
◆ Pursue savings = Life without money
Besides, spending money on savings is a life without money. And that means not stepping outside your current sphere. It may be safe and comfortable to live only in the world you are familiar with.
However, life that does not experience the world that I have never seen before, or that I do not touch the ideas and values that I do not have, means that I will not evolve.
Isn't it a tasteless life? So I want to make money and use it for the growth and evolution of myself and my loved ones.
And, instead of the average Japanese way of life that “the immediate death is the richest and leave this world with a lot of money left”, it is used up and dies with the balance sheet of life as chara, It is ideal [although I don't know how old I want to live, so I don't think it will work, but it's an ideal].
◆ Is there a meaning in the remaining life just to save money?
Of course, there is no suggestion of contempt. What I think about anti-retirement measures is to become a person who can make money even after retirement, rather than saving money. Or to create an enduring source of income even after retirement.
If you have acquired the ability to cope with how much the times change, the assets [human network, experience, knowledge, judgment, leadership, communication skills] that you have cultivated in the working age when you really retire.
To that end, he has gained a lot of experience during his working years, built up a personal network, and refined himself by using that 40 years so that he can become a person who can continue to be employed even at the age of 65, or a person who can earn with his own skills. I believe that.
The latter is also important to create a constant flow of income. This is because a life where income is cut off and savings are reduced is dominated by anxiety over imagination, making it difficult to draw the rest of the life in a future-oriented manner.
If you have no job experience, you can understand, but it is a great fear that the monthly deposit balance will decrease every month, no matter how much you save, you will not be willing to spend money. Suppose you save 50 million yen at retirement age and use 200,000 yen every month.
Five years later, 38 million yen. 10 million years later, 26 million yen, 20 years later, 2 million yen. If you live longer, your savings will eventually bottom out. In such a situation, it will be difficult to spend a pleasant retirement with peace of mind, for example, traveling abroad or eating out.
◆ If you can make a constant source of income …
Rather than that, if the savings are only 3 million yen, what if 200,000 yen comes in stably every month? Even if you spend 200,000 yen this month, 200,000 will be transferred again next month. Next month and next year, 200,000 yen comes in every month … If this is the case, you may be able to plan your life with peace of mind.
It is unlikely that you will lose 3 million yen on hand, and you can spend money freely within the 200,000 yen range for the time being. Even if you plan to spend a lot of money, you can make a plan that "If you save Yen every month, you can achieve it in a month."
So, if the effort that I can do now is 10, I will use only 1 for savings, and I will use 9 efforts to increase income and create a constant source of income.
Text = Toudoo Tono [Money Guide]