Annual household income of 10 million yen What is the average annual savings of a household?

You may be wondering how much you will have to save in the future to save money for retirement. In this article, I will explain in detail what the average savings amount of a household with an annual income of 10 million yen is. In a family where both husband and wife work and have children, it is necessary to carefully consider the balance between life and savings. Please refer to this article to get an idea of ​​your savings.

What is the average annual savings of a household with an annual income of 10 million yen?

Let's take a look at the data for two years of the "Public Opinion Survey on Financial Behavior of Households (Household Survey of Two or More People)" by the Central Committee for Financial Affairs and Public Relations. Since the "percentage of average annual savings" of households with financial assets of 10 million yen per year is 16%, it can be seen that they are saving 1.6 million yen per year. The highest savings ratio was 10 to 15%, 21.9%, so it seems that they are saving 1 to 1.5 million yen a year as a guide. In addition, 12.5% ​​of the respondents did not save for a year. On the other hand, the percentage of people who save 35% or more, which is the highest percentage in the survey data, is 8.3% of the total. It was found that about 1 in 12 households save more than 3.5 million yen a year. ■ How much should I save for old age? According to the Ministry of Internal Affairs and Communications' Household Survey Report (September 3rd year of Reiwa and average for the July-September period), the monthly consumption expenditure is 265,306 yen for households with two or more people. It is a consumption expenditure of 3,183,672 yen in one year, and if it is assumed that the same amount is spent for 20 years from 60 to 80 years old, it will be 63,673,440 yen. You can receive a pension from the age of 65, but depending on the amount you receive, it may be less than your monthly consumption expenditure. If the income including the pension amount is less than 100,000 yen for the monthly consumption expenditure, 24 million yen will be insufficient in 20 years.

Savings that people with an annual household income of 10 million yen want to start

Even if the annual household income is 10 million yen, it cannot be said that old age is safe. Let's take advantage of the savings that we can do now, just in case something goes wrong. In this heading, we will explain in detail the points for understanding the flow of fixed costs and money, which are recommended for people with an annual household income of 10 million yen. ■ Making a funded investment For a funded investment, the same amount of financial products such as a funded investment trust is purchased and funded every month. It is easy for beginners to get started because it is left to investment professionals. By utilizing diversified investment that purchases multiple financial products instead of purchasing one financial product, it is possible to operate with lower risk. However, it is better to acquire the minimum knowledge of investment trusts rather than leaving everything to professionals. ■ Reviewing fixed costs Reviewing the fixed costs that are incurred every month is the first measure you should take to save money. There are five types of fixed costs listed below.・ Utility costs, insurance premiums, communication costs, housing costs, car maintenance costs You can choose the utility cost that suits you from multiple plans according to your lifestyle. It is a waste to continue using it as it was at the time of contract without knowing that, so let's check the plan you have contracted once. You can also switch electricity and gas to another company. In some cases, simply changing the company may significantly reduce your utility bills. However, if the insurance premiums in the fixed costs are cut down to the limit, there will be disadvantages such as insufficient insurance money that can be received in case of emergency, or saving too much car maintenance costs and causing safety problems. There is a possibility. It is important to review it within a reasonable range. ■ Understanding the flow of money If you leave your wife to manage your household budget, or if you do not keep a household account book, check the flow of money every month to save money. If you can see the flow of money, you can see where the waste is, so you can narrow down the points to save. You can also make a plan to achieve your goal by deciding the amount of savings. The household account book can be paper or Excel. It is important to choose a method that is easy for family members to interact with and manage it so that stress does not accumulate. ■ Pre-emptive savings Pre-emptive savings is a method of saving the amount decided in advance when the salary is paid. It is a method of saving surplus money every month, and it is recommended for people who cannot easily save money. There are many types of pre-emptive savings methods, such as automatic savings time deposits and property accumulation savings. Each has different characteristics and benefits, so try to find the one that suits you best.