What is the level of 700,000 in household savings?

The family deposit of 700,000 yuan is considered a mid-range level, because now the gap between the rich and the poor in society is gradually emerging, there are many rich people, and they are very rich, but there are also many poor people, so the deposit of 700,000 yuan should be regarded as the middle class. But it mainly depends on whether there is a mortgage or car loan, which city you live in, I think you don't have to care too much about what level you belong to, the focus is to live your own life and have your own satisfactory lifestyle.

Household deposits of 700,000 yuan are relatively high in China. According to the 2019 CHIP survey data, the average savings deposit of urban residents in China is 10,000 yuan, while the national population savings rate is only 36%. Therefore, the household deposit of 700,000 is much higher than the national average and belongs to wealthy families.

Of course, this level also varies depending on factors such as region and household income. In some high-income areas, a deposit of $700,000 may only be considered a moderate level; In some low-income areas, a deposit of $700,000 may be much higher than the local average. Therefore, it is necessary to judge the level of a household's savings on a case-by-case basis.

Different regions, incomes are also different, in the special economic zone household deposit of 700,000 is the lower middle, in our rural household deposit of 700,000 is the upper class.

Determined by region. If it is a first-tier city, it can only be regarded as a low level, a second-tier city is considered medium, and a third- or fourth-tier city is considered rich. According to local conditions, the main thing is to live comfortably.

Generally, it is at a lower level, if the family already has a house and a car, it is considered a well-off level.

It depends on which region it is, in a rich place, this is nothing, in a place with a poor economy, it may be a rich person.

It mainly depends on the standard of living in the city where you are located, if it is in a fourth-tier city.

Then the deposit of 700,000 yuan is relatively abundant, if it is a first-tier city.

Then the deposit of 700,000 is a bit insignificant.

I also have a deposit of 700,000 yuan, and I feel that I can't afford anything, and now the price is too high, at least one million to live comfortably.

Medium. First of all, the primary standard, I have to say, as long as there is no debt, in fact, it is already a primary standard, for some people, because the debt may also overdraft the income in the future for a period of time, and even in the short term, it may have a certain impact on life, so if you are burdened with debt, it does not belong to the primary standard. For ordinary people, if there is no debt, it means that the monthly income can be used freely, and they can be regarded as a primary rich person.

Secondly, the intermediate standard, compared with the primary standard requirements must be higher, not only no debt, but also more than the national average deposit, according to statistics, the national residents per capita deposit of about 50,000 yuan, if it is a family of 3, it means that the family's deposit must exceed 160,000 yuan, in order to be regarded as the intermediate standard, but this is only from the perspective of deposits, excluding real estate, cars and so on. Some people in the industry also pointed out that if there is a house and a car, and the household savings exceed 160,000, it has exceeded nearly 50% of the families in the country.

700,000 yuan can be used to make a down payment for the first house in a first-tier city, if you work and live in a first-tier city, this deposit can be said to be very good, but if it is.

Second, third, and fourth-tier cities, this deposit is a bit insufficient, if so.

Second-, third-, and fourth-tier cities can be said to be very good, but if they are in.

Work and live in second- and third-tier cities, then this deposit is still not enough, after all.

Housing prices in second- and third-tier cities are also relatively high! If yes.

Second-, third-, and fourth-tier cities may be a bit of a no-brainer, but if they are.

In second-, third- and fourth-tier cities, you may need to work harder, after all.

Housing prices in second- and third-tier cities are also relatively high!

700,000 yuan may not be enough for a down payment in a first-tier city, but if it is.

In second- and third-tier cities, you can make a down payment, if you are.

If you are in a first- or second-tier city, you can make a down payment!

If it is. In second-, third- and fourth-tier cities, that's not so good!

The annual family income of 700,000 yuan is a middle- and high-income family.

Poor population: The per capita annual income is less than 2,800 yuan, which belongs to the group of people who need to be solved. There are about 82 million people in the country who earn less than US dollars about a day.

Poor: The annual household income is less than 30,000 yuan, and the per capita annual income is more than 2,800 yuan. According to the calculation of a family of three, the per capita annual income is 2,800 to 10,000 yuan. Daily income per capita ranges from dollars to dollars.

Low income: annual family income of 3-80,000 yuan.

Well-off: annual family income of 8-300,000 yuan.

Middle- and high-income earners: annual household income of 30-1 million.

Wealthy: The annual household income is more than 1 million.

Rich: Owning assets of more than 10 million, divided by owned assets, different from annual income.

Rich: He has assets of more than 100 million, about 10,000 in 2014.

Big Rich. It has assets of more than 1 billion yuan, and in 2014 there were about 1,800 employees.

Super-rich: with assets of more than 10 billion, there were about 90 in mainland China in 2014.

The balance of RMB deposits in China's financial institutions is one trillion yuan, of which about 70 trillion yuan is the deposits of residents. If people over the age of 16 are regarded as people with the ability to save, then this part of the population is about 100 million.

70 trillion deposits are distributed to 100 million people, with an average of about 60,000 per person. If two people are regarded as a family, then the average deposit of each family is 120,000; If you look at 3 people as a family, then the average savings of each family is 180,000.

In the first half of 2018, the per capita disposable income of urban residents.

Approaching 20,000 yuan, it can reach at least 40,000 yuan a year, and each family is at least 80,000 yuan. In the first half of the year, the per capita consumption expenditure of urban residents was 10,000 yuan, and for the whole year, it was about 10,000 yuan, and it was at least 10,000 yuan for a family. After the income is subtracted from the expenditure, the remaining money can be saved, so a family can have at least 10,000 yuan to save every year.

The 33-year-old deposit of 700,000 medium to high level.

The per capita savings of residents in the country are about 50,000 yuan, and if it is a family of three, it means that the family's savings must exceed 160,000 yuan in order to be regarded as an intermediate standard.

If there is a house and a car, and the household savings exceed 160,000 yuan, it has already exceeded nearly 50% of the families in the country.

Related Reports: According to the China Statistical Yearbook 2021, as of the end of 2020, the balance of household deposits in 12 cities in China, including Beijing, Shanghai, Guangzhou, Chongqing, Shenzhen, Chengdu, Tianjin, Hangzhou, Suzhou, Xi'an, Shenyang and Wuhan, exceeded the trillion yuan mark.

Among them, the balance of household deposits in Beijing reached 4,288.9 billion yuan, and it was the only city to exceed 4 trillion yuan. Shanghai followed closely behind, reaching 3,673.4 billion yuan, and is also the only city in the country with household deposits between 3 trillion and 4 trillion yuan. Cities with household deposits of 2 trillion to 3 trillion yuan include Guangzhou and Chongqing, with total household deposits of 2,077.4 billion yuan and 2,021 billion yuan respectively.

Judging from the 12 cities with total household deposits exceeding one trillion yuan, although the southern region has a clear advantage, there are also four in the northern region: Beijing, Tianjin, Xi'an, and Shenyang, and three in the top ten. In contrast, among the top 10 cities in terms of GDP, Beijing is the only northern city. In other words, compared with the total GDP, the total deposits of residents in northern cities are more prominent.

At the age of 70, when people reach the age of antiquity, how much savings can they have to retire with peace of mind?

Everyone's financial management concept, income and social security situation are different, and the amount of savings they want will naturally vary greatly.

In China, where the social security system is constantly improving, it is more appropriate for the 70-year-old to keep his savings at 5-100,000 yuan.

subject to physical fitness.

The psychological impact of consumption, the consumption of the elderly tends to be minimal, the basic living needs are relatively fixed, and the daily consumption amount is within the predictable range.

Banks don't open their depositsIt should cover at least 3-6 months of daily consumption expenditure.

Ordinary rural households and urban households are calculated at an average of 1,000 yuan and 2,000 yuan per month, respectively, and bank deposits of 5,000 yuan to 10,000 yuan can be maintained.

According to the Central Bank. Carried out in 2019 by urban residents.

According to the survey of household assets and liabilities, the assets of urban households are mainly physical assets.

Financial assets. The proportion of bank deposits in financial assets is less than 40%.

In the case of housing accounting for 70%, the elderly cannot have too much savings, and if they blindly pursue a high level of bank deposits, it will affect their normal life.

According to statistics, China's per capita savings are about 50,000 yuan, and it is not easy for the elderly to reach this scale.

In the process of economic development, the currency is in a long-term depreciation trend.

The annual growth rate of China's CPI is about 3%, and the current demand deposit interest rate is at a five-year fixed rate.

If the elderly keep their money in the bank, it will continue to shrink and depreciate.

In order to protect the pension.

The value of the preservation and appreciation, part of the funds will be invested in treasury bonds, bank wealth management, index**.

and other projects are more reliable.

From the perspective of capital preservation and appreciation, the scale of bank deposits for the elderly should not be too large, and it is more reasonable to control it within 100,000 yuan.

One of the big expenses that seniors need to focus on is medical expenses.

With the medical security system.

With the improvement of the degree of security, the self-financed medical expenses of residents in Chengli Yusui Town are declining significantly.

Due to the decline of their own physical fitness and more underlying diseases, many elderly people tend to be conservative in the face of serious diseases**.

Therefore, in addition to the basic living expenses, it is enough to set aside 3-50,000 yuan of emergency funds.

The life of the elderly tends to be stable, and the life of the elderly should be within their means, and the bank deposit can maintain a scale of 5-100,000 yuan.

Through prudent financial management, you can maintain and increase the value of your funds and enjoy your old age.

In the first case, a family with a car and a house and no debts has 700,000 yuan in savings, which can be said to be at a very high level, at least more than half of the families. In the second case, if there is a mortgage and a car loan, then with a deposit of 700,000 yuan, it is actually very good to be under the pressure of repayment, because after the income of the vast majority of families is used to repay the loan, they may not have any balance at all, and can only maintain an ordinary life. Therefore, with a deposit of 700,000 yuan, it can be said that the level is very high, or Beisong can surpass too many families.