If you deposit 5 million in the bank, the interest will be high. If you are frugal, the interest will be enough for you to live. Of course, you can stop working. But if you want to live a better life, you still need to continue to work hard.

Interest on 5 million deposits Now, 5 million deposits can earn a lot of interest income in the bank. At present, deposit banks can consider large deposit certificates. The annual interest rate is higher than that of time deposits, which can generally be 40%-50% higher than the benchmark interest rate. Moreover, large deposit certificates can be partially withdrawn in advance, and the interest earned by early withdrawal is higher than that of time deposits.

If it is 5 million yuan, you can consider a three-year certificate of deposit with a big bank, and you can consider a certificate of deposit with monthly interest payment, and the general annual interest rate can reach 4%. If you deposit 5 million yuan in this way, the interest you can get every year is 200,000 yuan, and the average monthly interest is 654.38+6667 yuan.

It can be seen that the monthly interest income of 65438+6667 yuan is enough to live a better life.

You can live a better life with interest. If you have a house now, you can live a normal life for five or six thousand yuan a month. Generally speaking, the cost of water, electricity, heating, communication and so on is about one month 1000 yuan on average, while the cost of eating and so on, as long as you cook and eat by yourself, you can eat quite well for two or three thousand yuan a month. Other expenses, such as clothes, are not too much as long as they are saved.

If you have an interest income of 200,000 yuan a year, that is, you can have an interest income of 65,438+667 yuan a month, which is enough for a family to live a better life. In addition to ensuring the normal life of the family for one year, the family can also travel two or three times a year. This kind of life should also be regarded as a better life.

Therefore, relying on 5 million interest income is enough to live a better life.

If you want to live a better life, you must continue to work hard. To sum up, you can live a better life by relying on the interest of 5 million deposits in the bank. But if you want to live a better life, then you must continue to work hard, continue to make money, and try to save more, so that the interest income will increase year by year, and then you can live a better life.

I personally don't think so. It can be said that the deposit interest of a bank is almost the highest among bank deposits, which is about 0.4. The annual interest of 5 million is around 200,000. After ten years, your 5 million plus interest will reach 7 million. Excluding your annual expenses. Ten years spent/kloc-0.0 million, leaving 6 million. If you have some big expenses, you may spend another one or two million. And the bank's interest rate will drop in a high probability. Your deposit slip can be kept for up to three years. The interest rate may be lowered in three years, so your total capital may be less than 7 million in ten years. Plus in case of some unexpected big expenses, your funds may be around four or five million, or even less.

Then look at your purchasing power of four or five million in ten years. It depends on the situation ten years ago. Ten years ago to now, the prices of necessities such as clothing, shoes, hats and food have doubled. House prices have tripled in ten years. So the most conservative estimate is that your four or five million in ten years is equivalent to about two or three million now. Then in ten years. Ten years later, you in ten years. Thirty years later, you will probably be a very poor person.

Therefore, money must be managed and generated. At least it should be preserved. Secondly, people must go to work. As the saying goes, sit in an empty seat. Do nothing and a mountain will be eaten. So your idea is absolutely impossible.

Hello, you don't have to work, but you have to pay IQ tax. To put it bluntly, it depends on how you arrange 5 million deposits. Different ways of saving money lead to different life without work.

1. If only the interest earned by the bank is considered, the results will be different if the financial management methods are different. 1. Assuming that you are alive, the annual income is about 0.35%, and you can earn interest income 17500 yuan a year, with an average monthly income 1460 yuan. Living on this little money is probably not even tight. After all, the minimum wage in most cities exceeds this figure, and it is estimated that it is difficult to gain a foothold in cities.

2. Suppose you save for 3 months, then the annual income can reach 1. 1%, and the annual interest income can reach 55,000 yuan, which is 4,580 yuan on average. This income is equivalent to the lower-middle level of the working class. Even if you have a house, it is estimated that life in first-and second-tier cities is still quite difficult.

3. Suppose you deposit it directly for half a year, then the annual income will reach 1.3%, and the annual interest income will be 65,000 yuan, with an average of 5,400 yuan a month. In fact, this is not particularly different from a three-month time deposit. It is estimated that it is not easy to live in first-and second-tier cities.

4. If your time deposit is 1 year, your annual income is about 1.5%, and your annual interest income is 75,000 yuan, with an average of 6,250 yuan per month. This is probably the income standard of the working class, and it will indeed be better than the previous ones, but there is basically no need to use this money to pursue a quality life.

5. Suppose you deposit it directly for 2 years, the annual income is 12 1%, and the annual interest income will reach105,000 yuan. According to the current statistics, if the annual salary reaches 654.38+ million, it may exceed 90% of people's income. If the average annual salary of wage earners is 70,000, then your annual salary is 65,438+10,000, and life in cities below the second and third lines will be better.

5. If you deposit for 3 years, your annual income will become 2.75%, which is about 6.5438+0.35 million yuan a year, equivalent to 654.38+0.150,000 yuan a month. This income is a relatively good life.

Of course, your bank also has risks, such as the bank losing your deposit, but the probability is relatively small.

However, no matter which time deposit method you use, you must have extra cash flow to ensure your daily expenses during the deposit period, otherwise, if you withdraw money halfway, you will not be able to achieve your expected interest income.

Second, if the bank pays interest, your absolute income will increase, but your assets will grow negatively. If you have 5 million deposits in the bank to pay interest, although the income stability is not high, the assets will grow negatively. Why do you say that?

1. After all, our annual currency circulation is about 10%, so your assets will definitely shrink accordingly.

There is also a very real problem, that is, inflation. According to a conservative forecast, the inflation rate is around 6%, and your 5 million yuan is getting thinner every year. If you don't want negative growth, your wealth management income must be above 6% in order to outperform the inflation rate.

In short, if you want to achieve financial freedom with 5 million deposits and rely solely on fixed interest, although you can not work, the quality of life is not expected to be particularly good. Especially if you are a free man, it is absolutely necessary to test your financial intelligence by paying interest on financial management. So I suggest that it is best to work at the same time. This involves a concept of financial freedom. The so-called financial freedom means that you can maintain a normal life without relying on work and relying entirely on financial income. Now there are 5 million, and financial freedom can be fully realized in China. Even if there are conservative banks, they can live on interest.

First of all, let's calculate how much interest the five million deposit bank has.

Since 20 15, the deposit interest rate has been marketized, the interest rates of banks have been liberalized, and there is competition. Judging from the current market situation, local banks often use higher interest rates to absorb deposits because they do not have as many outlets as state-owned banks and national joint-stock banks, and their strength and social credibility are not so high. Therefore, the deposit interest rates of local city commercial banks, rural commercial banks, rural banks and private banks are relatively high. Even under the general trend of interest rate cuts, the interest rate of some rural commercial banks' five-year certificates of deposit can reach 4.6%. Smart deposits in some private banks have a five-year fixed deposit rate as high as 5%. This means that the interest income of 5 10/00,000 years can reach between 230,000 and 250,000.

In addition, since these interests are basically paid annually, if you get more than 200,000 interest in your daily life at one time, it will obviously not be spent all at once. If you reinvest while spending, you can still earn 3-4 points a year. Therefore, the actual income of 5 10/00,000 years should be between 230,000 and 260,000.

Second, let's figure out how much the living expenses are for one year.

Due to the price differences in different regions, the living standard of each family is different, the number of people who depend on it is different, and the expenses are definitely different. Let's take an average as a reference. According to the announcement of the National Bureau of Statistics, in 20 19, the per capita consumption expenditure in cities and towns nationwide was 28,063 yuan, and that in rural areas was13,328 yuan. So if you live in a town, the interest income of 5 10/00000 can support a large family of 8-9 people. Even if you live in a first-tier city in the north, Guangzhou and Shenzhen, it's no problem to feed 4-5 people. In fact, if housing prices are not taken into account, the prices of means of subsistence in first-tier cities are not much higher than those in mainland cities, or even lower than those in the mainland. Because of fierce competition and developed logistics, their supply is more abundant.

If you live in the countryside, the interest income of 5 10/00000 can even support a large family of 20 people. Therefore, there are 5 million people living in cities and towns or in rural areas. Even if you only choose the most conservative deposit products, it is completely fine to maintain the national average. After all, the Prime Minister also said that there are still 600 million people in China with a monthly income of only 1000 yuan, all of whom can support themselves, not to mention these high-income families.

How to deal with the influence of future inflation?

Of course, some people will consider that, affected by the epidemic, in order to restore the economy, the interest rate has a further downward trend, and in the long run, prices continue to rise. For example, in 20 19, the national per capita consumption expenditure will increase by 8.7% compared with that in 20 18, and the interest income of 5 million in the future will definitely not be enough to maintain life, which means that inflation will devour wealth.

This kind of worry is reasonable, but it is only an ideal assumption. We don't have to put all 5 million in the bank. It is safe to deposit such a large sum of money in the bank, but it is actually a waste. We can make a portfolio, such as putting part of it in banks, investing in some sound wealth management products and funds, and then investing in some medium and high-risk products such as trusts and stocks, so that we can retreat and cover the impact of inflation within one year. Even if you don't understand these operations, you can let professional financial institutions and financial planners take care of them. It is not difficult for them to earn 10% a year. There is no problem that this rate of return covers the speed of price increase.

So the conclusion is that with 5 million in hand, for most families, they can already achieve financial freedom and don't have to work. You can make a living by bank interest in the short term. In the long run, you should do a good job in comprehensive financial management to maintain and increase value.

Now more and more people want to get rich or windfall for nothing, or see too many people around them get rich because of demolition, because they have a certain wealth accumulation and become a member of the profit-seeking class. So if you have 5 million cash, can you live on interest?

Money has time value. Today's dollar is more than tomorrow's day!

If you are a middle-aged and elderly person, it doesn't matter if you still have some years to retire. After all, the interest of more than 5 million yuan has at least 200,000 yuan, which can ensure that your income is at the level of middle income. If it's not enough, you can overdraw part of your principal in a few years before retirement, and you can do it without working.

But if you are a young man, you think too much. 5 million is just a better property in first-and second-tier cities. Then there are various living costs such as family and children. The most important thing is that the currency is constantly depreciating. Take 30 years old as an example. Even if you don't get married, have children or adopt parents, everything is a person's life. That 5 million is not enough! Based on the analysis of the living standard of 10, if 200,000 people can maintain a good living standard in the first ten years, then the living standard of ordinary residents in the second decade is only 654.38+10,000/year, and the living standard in the third decade is equivalent to 50,000/year, which is just ordinary food and clothing.

If you really want to be a rentier, don't just make a living by interest, but invest in many languages, including choosing one or two value-added methods that you are most familiar with in many investment fields, such as stocks, real estate, industry, funds, gold, foreign exchange and futures. And you also need some intellectual input in skills and knowledge, so that you can have a skill. If you are not satisfied with your input or feeling, you can participate in more lifestyle changes instead of.

There is a feeling that similar issues will be discussed from time to time. If 5 million people know that they like discussion so much, I wonder if they will want to collect some royalties or something.

Whether 5 million yuan has reached the state of not working, in fact, it still depends on many situations, or to use a higher word, that is, what is your personal financial goal, and then you can say whether you can not work.

Recently, I noticed the account information disclosed by an investor, with a principal of more than 5 million. At present, the profit is about a little more than 20%, that is, the income of 654.38+0 million yuan. Although his investment portfolio has lasted for many years and the annualized rate of return is not as high as 20%, the current profit level has exceeded the income of many ordinary families. But obviously, this investor has not stopped working because of this. He is still full of enthusiasm for his favorite job.

If only the most basic deposit interest income can meet the daily expenses, then 5 million deposits in the bank are actually enough. According to the current fixed interest rate of 5 million yuan, the annual interest income is about 6.5438+0.5 million yuan, which is already higher than the working income of many people. Save a little, don't be extravagant, it's naturally enough.

However, this model is not without risks.

1. Only interest income will make cash flow fragile. Once there is a downside risk of interest rate in the future, it will inevitably face a decrease in income. At present, 654.38+0.5 million can exceed most working-class people, but there is still room for a substantial increase in the income level of working-class people in the future, and your interest income will even decline. Then the natural risk will increase. Therefore, the income structure is too single, which is very dangerous for families.

2. Furthermore, if you don't work all the time and really turn into a day of lying down and sleeping, you will probably stop paying attention to some information about the workplace and business, you will gradually lose touch with the concept of society, and your original skills will gradually degenerate. The next time you want to return to the workplace and society, you will face new difficulties. Therefore, it is not advisable not to leave a way out for yourself. Even if you don't work, you should find something new and meaningful to do and keep in touch with the world.

3. Although 5 million is richer than many families, if you don't fully consider the risks of the family and make some preparations in advance, only holding the lonely 5 million is likely to make this part of the principal less and less. For example, I want to buy a luxury item on a whim, or I suddenly want to take a dream trip. Wait. Wait. The reduction of principal will affect future income and cash flow.

Generally speaking, it is not comprehensive to simply put 5 million yuan in the bank to stop work. 5 million is an asset level that many families can't reach. With 5 million, they have a great chance to live a carefree life. But the premise is that there is a long-term plan on the basis of this 5 million yuan, which will enable it to continuously create cash inflows. Moreover, the wealth of the average family will also consider the next generation, rather than really spending all the money in this life. From this perspective, it is more worthy of long-term consideration, and it is no longer a simple problem of going to work or not.

You don't have to work, and the interest of 5 million is not bad. Save it. It's okay to eat. Then you become a person with a low income, not a person with a net worth of 5 million. The annual interest is only enough for basic living, but it can't support big expenses. And 5 million, ten years later, the standard of living has improved, and you will become poor. If you don't work, you will become a basket case. Only when it is well managed can money be generated. You ignore it and it ignores you. Normal people don't sleep on 5 million beds.

If the annual interest rate of certificates of deposit is 4% (because interest must be more flexible, it will not be calculated at a higher interest rate), the annual interest of 5 million deposit banks will also be 200,000. If there are no other debts, a normal life should be enough, and you can not work at all, but it is not enough to want a higher quality of life.

The actual situation is, who will deposit 5 million in the bank for interest? If you just operate casually and do some conservative financial management, the income will be much higher than the pure interest income. And there is no guarantee that the bank deposit will exceed 500,000. What if the hapless bank goes bankrupt? Therefore, the comprehensive allocation of assets is still more important.

5 million, the interest of the bank, is about 1 10000, which should be enough for an ordinary family.

But, here, I tell you, such an idea is very unreliable, not reliable at all!

One: Do you think the price will not go up?

What will the price be in 20 years? Do you remember?

At that time, the per capita wage in Beijing was 2000/ month, and the house price was only 5000 yuan/square meter. Two to three months' salary, you can buy a square meter room without eating or drinking. The house price is too expensive!

After 10, in 20 10 years, the house price in Beijing will be close to 20,000. However, 1 10,000, you can still buy a house with a smaller lot.

There may be many people who think that house prices will eventually fall, and it is impossible to keep rising. Moreover, the state has been regulating housing prices and trusting the state and the government. Leave the money in the bank and promise not to lose money!

Twenty years have passed. What is the house price in Beijing this year? 1 10,000 Can I still buy a suite? My friends, do the math yourself.

Second: Do you think that money will not depreciate?

Money itself has no value, it is just for the convenience of circulation and represents the value of goods. Today, money also plays an important role in promoting the development of social production. How does the country control the currency circulation?

Too much money will lead to inflation, and too little money will lead to insufficient supply and rising prices. ...

This is a very complicated problem. You can give a very simple example to answer.

Assuming that the gross social product of the country over the years is 1 trillion RMB, it is enough to issue 1 trillion RMB!

However, is this the case?

Things are far from simple. Many people will save money, and the circulation of money must be greater than the amount of money needed by the market.

There are 1 trillion commodities in society, corresponding to 1 trillion currency, but many people save money and issue 1 trillion currency, which is simply not enough for circulation. Therefore, it is necessary to issue a certain amount of money.

The issuance of currency is related to circulation and needs to be oversubscribed.

In addition, the issuance of money will also stimulate economic development.

Another example is: in 20 19, our GDP will be 100 trillion RMB, and we predict that this year's GDP will be 120 trillion RMB, with an increase of 20%, so correspondingly, we will print 20% more money-only in this way can we ensure price stability.

But if the price is very stable, everyone produces a mobile phone and sells it for 1000 yuan. Last year, they produced 10 sets, and the income was 1000 yuan. This year, they still produce 10 sets, and the income is 10000 yuan, which can't arouse everyone's enthusiasm for production.

To mobilize everyone's enthusiasm and strive to create wealth, we must appropriately raise commodity prices. We produced 10 mobile phones and earned 12000 yuan. Everyone worked hard to create wealth! This stimulated economic production!

This is the reason why our price keeps rising today.

For more than ten years, the price index has been constantly changing, and the state has been constantly regulating it through monetary policy. The general direction of prices remains unchanged!

What is our inflation rate today?

Someone made a calculation:

1100,000 yuan/kloc-purchasing power after 0/0 years = 542,800 yuan today; Purchasing power after 20 years = 294,700 yuan today.

If calculated by currency in circulation:

1 10,000 yuan 10 years later wealth ratio = 275,438+100,000 yuan today; Wealth ratio after 20 years = 74 1 000 yuan today.

Therefore, real rich people are not stupid enough to put their money in the bank. Only the poor will put their money in the bank for safety, for future old-age security and so on. As a result, the poor are getting poorer and richer!

Third: Is life without work necessarily meaningful?

Finally, I want to make it clear that if I don't work, I will be happy if I have fun every day.

In fact, sometimes, work is not entirely about how much money you want to earn, but work is the greatest embodiment of survival value. There are worries and happiness at work. Work hard and you will be happy!

Taking part in work and constantly working is a kind of physical exercise in itself and the most basic demand of life. Just think about it, what's the point of doing nothing all day, eating and sleeping, sleeping and eating? Some people may think that if I have money, I can travel around the world. Look, this year, the epidemic is terrible. How many places are safe?

Also, don't look at traveling. What you need is a good body, which can climb mountains and adapt to different climates and environments. ...

In a word, work is always our need, regardless of the amount of money. However, when we have a certain foundation, the pressure of work may be gone, and we don't need to worry about some details in our work. We can put everything down and create freely!

This is the best time, come on!

In reality, people with 5 million assets (including real estate) abound. If you ask who has 5 million cash, I'm afraid it's one in a million.

People who really have 5 million cash in their hands must be careful. They should not only be stingy with their money, but also keep a low profile and a low profile.

If you deposit 5 million yuan in the bank, the current annual interest rate is 4‰, which means that 6.5438+0 million yuan can generate 40,000 yuan interest a year, and 4x5 = 200,000 yuan interest/year.

In the working class, many couples earn only 800,000 yuan a year when they go to work (they may have to pay off the car loan and mortgage), which is equivalent to the monthly income of both husband and wife 1 10,000 yuan.

Since I have 5 million cash on hand, I'm sure my house and car are not mortgaged and I don't go to work, saving a lot of transportation expenses. Living expenses of 200,000 yuan a year, more than 500 yuan a day, the family is happier than the gods.

Where does the key 5 million principal come from? It seems tempting, but it is actually comforting yourself.