How does a single mother's high goal of financial management balance childcare?

Comics: Zhang Jianhui 6 years later, the son needs 1.5 million yuan study fee, 12 years after retirement of at least 600,000 yuan pension ——— for single-parent families with less than 20,000 yuan per month, supporting such a huge amount of spending seems to be "impossible to complete the task."　　In this case, Ms. Pan is facing two prominent financial issues.　　In the opinion of the financial manager, through the positive and steady investment, Ms. Pan not only can accumulate more than 2 million of the capital without lowering the current living standard, but also can build a perfect guarantee for his son and himself, so that the retirement life of the retired will be carefree.　　Case this is not a new case, but different financial managers to solve the problem of different methods, but may make our financial thinking more open. Ms. Pan 42 years old, a foreign company in Guangzhou as sales Manager, monthly income of 15,000 yuan, the end of the year also has about 70,000 yuan bonus. Ms. Pan is a single mother, son 12 years old this year, the average household expenditure of 3500 yuan per month. Because the company has five insurance, but also to the additional medical insurance (including outpatient and emergency) and 500,000 yuan accident insurance, so Ms. Pan in her own security only to buy endowment insurance, annual pay premium of about 4000 yuan. At present, Ms. Pan lives with her parents, both parents have pensions, a monthly total of 3500 yuan, parents also have health insurance.　　Mother has diabetes and is currently under treatment. Ms. Pan has a set of market value of 500,000 yuan of commercial housing from home, the mortgage has been paid off. Another set of 2006 purchased 150 square of commercial housing vacant, the housing payment 900,001 times, the current market value of about 2.25 million.　　In addition, Ms. Pan has a cash 100,000, 3-year fixed deposit of 200,000 yuan, the stock fund market value of 70,000 (has lost 20%). Because Ms. Pan is a single mother, her financial goals are mainly to consider the children's education and their own parents and their future retirement. Ms. Pan expects the cost of her son to go to high school and university will increase significantly and needs to be prepared as soon as possible. Mrs Poon plans to retire at age 55 and, in accordance with the current rate of saving money, is not sure whether it will be enough to cope with the future expenditure of $3500 per month.　　In addition, Ms. Pan plans to move next year to buy the Big house in 2006, the estimated cost of decorating and buying furniture is about 200,000, the money does not know where to go, she is currently living in the house to deal with. Financial diagnosis Ms. Pan currently has a family net worth of 3.12 million yuan, of which 100,000 yuan in cash. As an emergency reserve, the daily expenditure of 3-6 months can be retained, with a monthly daily expenditure of 3500 yuan, the emergency reserve only need to reserve 20,000 yuan, the remainder can be used for investment and increase the profitability of the funds.　　Three-year fixed deposit of 200,000 yuan, weak liquidity, can be selected by different periods of low risk investment products to enhance liquidity. High-risk equity funds total investment of 70,000, single mother to balance work and family, can be used for investment analysis of less time and energy, advice to experts to finance.　　In the high risk investment to fund mainly, moderate investment stock. At present, two sets of real estate market value of 2.75 million yuan, accounting for household netProduction of 88%, no debt.　　Ms. Pan family belongs to the high assets and no indebted households, can use the financial lever moderately.　　Ms. Pan monthly wage income of 15000 yuan, free monthly savings of 11500 yuan, free savings rate of 76.67%, this part of the funds should be well planned investment interest.　　The company gave Ms. Pan more complete protection, but as the family's only economic source, Ms. Pan's protection has not been fully perfected. Investment proposal 1. Provident Fund Loan Solution Decoration Ms. Pan family high assets without debt, the proposal through Provident Fund loans to solve the problem of the decoration gold. At present, the Bank House decoration loan amount generally must not exceed the real estate value 30%, the Big house market value 2.25 million, the decoration loan 200,000, the mortgage rate is approximately 8.9%, conforms to the stipulation.　　The current loan period of three years under the Provident Fund loan rate of 3.33%, monthly repayment of 5846 Yuan, three years to pay off. 2. Portfolio financing 1.5 million education Fepin son, 12 years old, Ms. Pan will prepare for her son three years after high school and six years of college tuition. The current high school tuition fee of about 1000 yuan per semester, two semesters of tuition each year plus extra-curricular learning costs are estimated to be 5000 yuan, the annual growth rate of tuition fees 3% calculation, high school three years of tuition is expected to a total of 16400 yuan, with Ms. Pan's year-end bonuses can be basically able to solve. Six years later, the son of undergraduate and graduate students, the current domestic undergraduate and postgraduate tuition fees of about 10000 yuan/year, the same as the annual growth rate of tuition fees 3% calculation, seven years tuition fee of about 84000 yuan, that is, Ms. Pan to prepare about 100,000 yuan for his son to complete the study in China.　　If you want your son to study abroad, the current study in Australia tuition about 200,000 yuan a year, study seven years to prepare tuition fee of 1.53 million yuan. Suggested that Ms. Pan according to the combination of the schedule, according to the conservative rate of return, 6 years later can sell Low-risk financial products 134,000, national debt 63,000, stocks 252,000,　　Some of the fixed-investment hybrid funds 227,000, set to invest 259,000 of the stock fund, and sold for rental of the house to obtain 600,000, a total of 1.535 million cash, enough to meet the son's tuition fees. 3. Social Security + Business insurance to solve the retirement pension Ms. Pan plans to retire 55 years old, hoping to retire after a monthly living expenses of 2000 yuan. Ms. Pan has now bought social endowment insurance, can solve the basic endowment problem. The proposed supplement buys the commercial lifelong endowment insurance, the one-time payment, the lifetime receives the pension.　　If you want to retire from the insurance company to receive a pension of 2000 yuan a month, you need to buy 640 life annuity pension insurance, that is, Ms. Pan at the age of 54 to prepare 640,000 yuan for retirement. According to the configuration proposal, 12 years later, Ms. Pan retired, the redemption of the Mixed fund 394,000, the return of dividends of the survival insurance 239,000, a total of 633,000. Plus part of the term deposit, as well as the purchase of 640 life annuity pension insurance, a total of 640,000 yuan, a lifetime to receive more than 2000 yuan pension. The social insurance and the purchase of the annual premium of 4000 yuan of commercial endowment insurance, canAs an annual travel fund after retirement, to improve the retirement life. 46,000 guarantee for the protection of Mother and child peace with age, the risk of major illnesses, hospitalization, increased.　　Suggested that Ms. Pan for herself to increase the share of the risk of a major disease (protection to 55 years old, maturity can be converted to lifelong pension pension), hospitalization and hospitalization allowances and other commercial insurance. On the protection side, we have calculated that Ms. Pan needs to buy at least 600,000 of her insurance for her child's protection. It is proposed to use the monthly savings to purchase 200,000 dividends of the risk of additional major disease risk, 400,000 term life insurance, hospitalization and hospitalization allowance Insurance, the monthly premium of about 2000 yuan.　　This can both force saving and provide the family with comprehensive protection.　　The 12-Year-old has a lively nature, the proposed purchase of consumption-type accident insurance, additional accidental injury medical insurance and hospitalization insurance, the monthly expenditure of the premium is not high, but the protection of the applicability is strong. 5. Artistic collection Investment edify sentiment single mother also can live more wonderful. Ms. Pan may wish to take interest in financial management, choose an art collection of interest to her, and invest in art. The investment risk of artworks is higher, and according to past experience, the return on investment can reach 10%.　　The use of annual year-end bonuses to invest, will not affect the daily expenses, but also to win high returns, but also to find spiritual sustenance, edify taste, three. Investment in the art collection, the high risk of return, therefore, in the art collection investment, investment rate is often not the primary consideration. To find out their own interests, to enjoy the screening, the process of tasting art, is the investment of art to obtain the greatest benefit.　　To single mother, this is more precious than millions. Solution provider: Minsheng Bank Guangzhou HUANGPU Branch CFP financial manager Zhong Jiaying finishing: Our correspondent Wang Jingjing