What is the level of a family s annual deposit of 1 million?

Not to mention income, if it is said that the savings alone can reach 1 million a year, it means that the family belongs to the middle class.

above the level. After all, modern people deduct housing loans, car loans, and living expenses every year, and the savings will not be particularly high, and 1 million is a very high level.

The family's annual savings of 1 million belong to the middle class.

level, the current money is not as valuable as before, and 1 million can only mean that people who have reached a well-off family and earn more than 100,000 yuan a year are in a state of poverty.

At the middle and upper level, if there is a deposit of this number in a year, it is far more than 70% of the family, so it means that your family's earning ability is very strong, which is too good.

If a family can save 1 million a year, then the family is very wealthy, because many high-income people are now unable to save 1 million in cash a year.

That shows that the living standard of this family is quite high, and they are particularly wealthy, after all, according to our ordinary people's thinking, 1 million is a lot of money.

The family has a deposit of 1 million a year, which belongs to the adults of a large family.

If you look at it at the overall level, you can already be considered rich. According to the "2018 China Family Wealth and Health Report" released by Southwestern University of Finance and Economics, from the perspective of China's household asset allocation, bank deposits account for. In other words, in addition to savings, most households have other financial asset allocations, such as financial assets such as ** and wealth management.

Based on this ratio, if there is a deposit of 1 million yuan in the bank, then the total financial assets are about 1 million yuan. But this is only a part of the financial assets, not the total assets. The data shows that real estate accounts for the total assets of Chinese households, while financial assets only account for them.

Then the financial assets just mentioned are 2.33 million yuan. Reverse calculation, you can get a total asset of 2.33 million.

If calculated according to this data, the deposit is 1 million, the corresponding total assets are about 19.74 million yuan, of course, there may be liabilities in it, assuming that the liabilities account for 60, the net assets are 7.9 million yuan. In 2018, the average net worth of urban households in China was 10,000 yuan. In this comparison, it already belongs to the rich.

Each bank has its own VIP regime. If depositors have a lot of deposits, in order to retain these people and provide them with a better service, these depositors' bank cards are upgraded to VIP cards. Usually, if you deposit more than 200,000 RMB, you can become a VIP member of the bank.

If you deposit $300,000-500,000, you can get a platinum VIP. If you deposit more than 1 million RMB, you can get a Diamond VIP card. The bank manager said that there are not many depositors with diamond VIP cards, and the personnel are relatively fixed, and it is relatively easy to count.

According to a set of data released in April 2020, the total assets of urban households in China are 10,000 yuan, of which housing assets account for nearly 70 and financial assets account for nearly 70. If calculated according to this ratio, the per capita financial assets of urban residents will be 648516 yuan. It is important to know that financial assets include deposits, wealth management, etc.

Therefore, deposits reaching 1 million are still in the minority.

In China, if a family has a deposit of 1 million, then such a family is already considered a relatively wealthy and well-off family. Because no matter in a big city or a small city, you can get a good life and spiritual life, and the family can save 1 million, which also shows that parents are also very powerful. Because this family can store so much money under various life factors, I think that the parents of this family are at least a well-off family in a middle and high-level area, and this kind of family is also relatively happy, after all, it can meet material needs well, and at the same time, it can also meet spiritual needs.

While meeting these requirements, such parents generally have a skill, which generally requires a reserve of knowledge, and a corresponding improvement to be able to live the life they want. So no matter what, these are high requirements for yourself, so that you can enjoy more fun in life.

What is the level of a household with 1 million savings in China? In China, the vast majority of families belong to salarymen, and the knowledge level of the parents in the family is generally not very high, which may lead to a part of the family, his education level is relatively low. There may be some differences in a child's education, which will also have a certain impact on the child's future life.

In China, if a family has a deposit of 1 million, then such a family is already considered a relatively wealthy and well-off family. Because no matter in a big city or a small city, you can get a good life and spiritual life, and the family can save 1 million, which also shows that parents are also very powerful. Because this family can store so much money under various life factors, I think that the parents of this family are at least a well-off family in a middle and high-level area, and this kind of family is also relatively happy, after all, it can meet material needs well, and at the same time, it can also meet spiritual needs.

It is considered an upper-middle family, because the income of many families is not very high, and it may take a lifetime to save 1 million.

Medium level. Now China's monetary inflation is serious, so 1 million is not much money, and if you work hard, many middle managers of companies can earn it.

It should be considered a relatively high level, and it is also relatively wealthy.

It's still a lot. Now a deposit of 1 million is really nothing, and almost all families in the upper middle can have it. There are many families with an annual income of hundreds of thousands, and in two or three years, they will have millions in savings.

In today's society, there are too many uncertain factors, so many families have a reserve fund.

I don't dare to use it for investment.

There are not many households with more than 1 million savings in China, probably less than 3 million people, while China has a population of 1.4 billion, so the proportion of the total population is very small.

Most people are working-class, and all of their monthly income is spent on a variety of expenses and they have very little savings on hand. Moreover, in today's society, there are very few people who can deposit 1 million yuan in the bank, and they definitely belong to the "top" people. Very few people in China have deposits of 1 million.

Especially now after the 90s, many people are ahead of their time. According to the data, 56% of households have no savings. Generally speaking, families with millions of savings generally have assets of about 10 million, otherwise few people can save enough 1 million.

In addition, most of China's savings are in real estate, and there are many in first-tier cities with fixed assets exceeding one million, but very few in liquid cash deposits exceeding 1 million.

Recently, Southwestern University of Finance and Economics released a report on the healthy development of China's family wealth, the report shows that China's family assets are placed in the bank, and the largest proportion is real estate, which accounts for it, which shows that most of the people with millions of deposits are people with houses, and according to the deposit of 1 million, these people's houses must also be in first- and second-tier cities, and a house must be millions or even tens of millions. If calculated according to the proportion of real estate, the total assets of people who reach one million deposits must reach nearly 19.74 million, so there is a high probability of having so many deposits.

The People's Bank of China actually issued a wealth report in 2018, survey data shows that there are 3.5 million people with millions of disposable assets, 300,000 more than the previous year, and according to ** the proportion of these people may reach more than 4 million in the next two years. But this data is not very accurate, after all, it is impossible for everyone to convert all the money into disposable funds, and many people are making investments to realize more funds, so if according to household deposits, the families with real million deposits in China will be more close to 1% of the total population, that is, 14 million people.

Not to mention 1 million in cash, it is a rural family, but only a handful of urban families can come up with 1 million in cash. Although money is becoming less and less valuable now, 1 million is still an unattainable goal for many families. In rural areas, there must be people who can take out 1 million cash at one time, but not much.

Generally speaking, only self-employed people, livestock farmers, or those who rely on compensation for demolition and relocation, or who have multiple houses in urban villages, may have so much savings, and ordinary families who rely solely on farming in rural areas cannot save 1 million yuan in a lifetime. If the annual income of 150,000 yuan, deducting the living expenses, you can save up to 100,000 yuan a year, and it will take 10 years for 1 million, and the whole family can not have major expenditures in these 10 years, such as building a house, buying a house or buying a car, or getting sick, otherwise the time of saving 1 million will be extended.

The per capita savings of China's 1.4 billion people are almost 66,740 yuan. More than 60,000 yuan is not a lot, and there is no basis for your deposit to outperform the average. Southwestern University of Finance and Economics, 2019.

According to the China Finance Report, 10 percent of household deposits account for 70 percent of the total savings. More than 50 percent of households have essentially no savings. There's another important piece of data that can help us calculate. In accordance with the National Deposit Insurance Regulations 2015.

Statistics show that more than 500,000 Chinese residents have bank deposits. Only 0.37 percent.

In 2015, the per capita deposit was 40,000 yuan. In 2020, the per capita deposit was 66,700 yuan, an increase of 1.6 times. Let's take a very optimistic number.

Assuming that the proportion of depositors with deposits of more than $1 million in 2020 is 0.37%. So let's subtract the number of people under the age of 16, who account for 20 percent of the population, from the total number of depositors. Subtracting some unbanked adults, the final calculation is 11 people, which is 1 billion people multiplied by 0.37 percent, and the result is that only 3.7 million people have more than 1 million deposits.

This is still an optimistic estimate, just talked about savings, if calculated according to the value of the property, there are millionaires everywhere, and the house is not speculated.

Ah, or the enduring theme of China's economy.

There are more than one million families in China now, but it is very common, and there are still about 20 to 30 percent of families.

Speaking of deposits, the world may be the most favorite of Chinese deposits, in the eyes of foreigners, "diligence" and "can endure hardship" are like synonymous with Chinese, the older generation of Chinese people are relying on saving money and have spent a lot of difficult days. In this regard, do most people think that Beijing, Shanghai, Guangzhou and Shenzhen are very rich, and there are many people in China with deposits greater than 1 million? But is this actually the case?

How many people in China have more than 1 million deposits?

Speaking of deposits, the world may be the most favorite of Chinese deposits, in the eyes of foreigners, "diligence" and "can endure hardship" are like synonymous with Chinese, the older generation of Chinese people are relying on saving money and have spent a lot of difficult days. In this regard, do most people think that Beijing, Shanghai, Guangzhou and Shenzhen are very rich, and there are many people in China with deposits greater than 1 million? But is this actually the case?

China currently has a population of more than 1.4 billion, and the number of people with deposits greater than 1 million, according to the National Bureau of Statistics in 2018, is about 1.4 million, which accounts for less than a proportion of the total population.

If calculated according to the monthly salary of 10,000 yuan, after the various expenses (counted as 5,000) are removed, it will take up to 16 years to save 5,000 yuan per month. So looking at it this way, although there are not many "rich people" in China, there are not as many people who can really save more than 1 million in real life.

Assets and deposits are two different concepts entirely. You may be confusing these two concepts. There are many kinds of assets, such as real estate, bonds, **, **, bank wealth management, bank deposits, insurance, antiques, calligraphy and paintings, and even mahogany furniture.

As long as it can become an investment target, it can be called an asset. Of these, bank deposits account for only a very small part. Average household assets, which means that it is the sum of all assets in a household unit.

A large part of this is real estate. In first-tier cities, the total price of real estate basically ranges from 5 million to 50 million. Second-tier cities also basically range from 2 million to 8 million.

On average, in fact, there are still a lot of families with real estate as assets in China, and under this kind of real estate allocation, each household has more than 3 million assets, is it a lot? This should be the level of a baseline. Let's talk about deposits.

If you live in a household with a million in cash, would you really consider keeping all of it in the bank to earn interest? Of course, it must be said that this is a very safe way to invest, because the principal is definitely not lost. But what about the benefits?

Large-amount certificates of deposit are currently the most interest-bearing variety, and bank wealth management is no longer guaranteed to protect the principal, so it is not considered. The basic maximum interest rate for this large certificate of deposit is also only at the same level. So isn't this way of managing money too low?

In addition, it is impossible for a family of three not to consider the allocation of insurance products, because after the age of 30, the risk of physical diseases will be considered. Also, the child must at least have an education insurance and accident insurance and other configurations, and the mistress of the family also needs to have insurance to protect it, after all, it is more difficult for a woman to find a job after becoming unemployed at marriageable age, which is also a reality. So, even if you have 1 million cash, you don't have to put it all in the bank, so of course you don't see a lot of people who have 1 million cash in the bank.

Another is to guard against the occurrence of one of the most unreliable situations, if any bank has a payment risk, that is, the situation of bank failure, then, the maximum compensation amount of each certificate of deposit is only 500,000 yuan, so it is impossible for you to deposit more than 500,000 yuan in cash in one bank, you will definitely diversify the risk. So it's more reasonable if you don't see a situation where there are $1 million depositors. Are there any households in China that have a million savings?

There will definitely be. However, the vast majority of these families do not choose to save all 1 million.