Which elderly people have money suitable for bank fixed deposits?

It is more appropriate for the elderly to choose fixed deposits for their money, and bank deposits can be said to be risk-free, and they can also eat interest. However, one of the drawbacks of fixed deposits is that they have a term and will be settled according to the current interest if they are withdrawn before maturity, which will cause many people to lose a lot of interest. Therefore, for those who need to use the funds, it is not suitable for depositing bank fixed deposits.

Who is suitable for time deposits?

This issue does need to be considered, not all the money of the elderly is suitable for time deposits, I think there are several types of elderly money suitable for time deposits.

(1) Elderly people who have a lot of spare money

For example, some elderly people have a pension themselves, and this pension is 3000 4000 yuan per month, which is enough for living expenses. In addition, the savings that have been earned when you are young can choose to be deposited in the bank for a fixed term, and this money can be used as real estate for retirement.

(2) Elderly people with passive income

And this stable income refers to passive income, such as renting a house or a shop, and having a fixed rental income every month. Or there is a company or store, there is an income every month or a dividend every year, anyway, the passive income every month is enough for the elderly, and these elderly people are the most suitable for saving for a fixed period.

(3) Elderly people whose children can give money

Some of the children of the elderly are very filial, for the elderly is very good, as for the money is given to the elderly every month, these people are enough for the daily life of the elderly, and completely use the money that the old people themselves saved when they were young. The elderly with such conditions are also suitable for saving for a fixed period.

(4) Elderly people who pursue stable investment

Some elderly people have a low risk tolerance and are unwilling to invest their hard-earned money in some risky investments, and even do not buy low-risk financial products, but would rather keep the money in charge and deposit it in the bank with less interest or buy treasury bonds.

In short, it is good for the old man's money to pursue a kind of security, and a kind of stability; Life is the same, the old man is pursuing a kind of stability, and the same can't stand the toss. But there is a little pursuit of stability at the same time, but also to consider some other factors, not all the old people's money is suitable for fixed deposits, for some old people to use the money is not necessary to save a fixed time, the above four types of old people are more suitable for time deposits.

The future life expectancy is relatively long, and at the same time, so far there is not a shortage of money, in addition to ensuring life, the elderly who have a part of the spare funds and have surplus funds are suitable for depositing the remaining funds in bank fixed deposits.

Retired seniors. Retirees will have retirement funds every month to ensure their basic livelihood, so it is suitable to deposit bank fixed deposits.

Personally, I prefer those whose children can pay sufficient alimony on a monthly or regular basis, which is enough to support the daily life of the elderly, and such elderly people can deposit their retirement funds in the bank, of course, they must also set aside enough money in advance to use in an emergency before depositing in the bank on a regular basis! First of all, you must have a strong guarantee for your life, and then think about the things that improve your quality of life.

For the elderly, their own ability to resist risks is relatively low, the elderly friends are basically in a state of retirement, they either rely on retirement wages to maintain their lives, or they rely on the savings accumulated in the first half of their lives to maintain their lives, their money is basically life-saving money, and there is no room for any loss, so safety is always the first factor to consider.

The 70-year-old file went to the bank to make a deposit.

The town has a 1-year or 3-year fixed travel deposit.

Seniors over the age of 70 choose the best way to deposit yearly, not only to ensure interest income, but also to ensure the liquidity of deposits. After the age of 70, most older people have a severe decline in health, and their main income** is basically retirement salary. Once they feel sick, they basically need to be hospitalized**.

If the majority of the assets are long-term time deposits, they can only be deposited as demand deposits.

If the interest rate is paid in advance, the interest rate loss will be relatively large.

1. With the growth of age, the physical strength, energy and physical condition of the elderly are declining as a whole, but in order to have a part of their income to improve their life in their later years, the elderly often put their money in the bank as a fixed deposit. Select a recurring passbook.

Deposit term. At present, all banks have a fixed passbook, and a fixed passbook can basically store 60 fixed deposits, which can clearly manage their own funds; And the passbook is easy to keep and not easy to lose. Even if you lose it, you only need to report the loss once to reissue the passbook, instead of reissuing one account at a time.

2. Make a deposit in multiple trades and time periods. For example, if you have $100,000 on hand, you can split it into $20,000 or $30,000 and deposit it for 6 months, 1 year, 2 years, and 3 years, respectively. This not only guarantees the liquidity of the deposit, but also reduces interest losses.

At the same time, it also ensures that the deposit is still divided into several time periods after maturity.

3. The principal and interest of each deposit shall not exceed 50,000 yuan, and automatic transfer shall not be allowed. If the above two conditions are met, the time deposit will be a demand deposit at maturity. According to the "Measures for the Management of Personal Accounts" and the relevant requirements for deposits and withdrawals, only by entering the correct password or passing **, can a one-time withdrawal of no more than 50,000 yuan of demand deposits.

In the event of an emergency, some handling procedures can be reduced. Be careful!! If you choose a time passbook, the above method can only be applied when withdrawing money on the maturity date, as the time passbook is automatically rolled over by default.

If the elderly have other plans for this deposit, but are not sure when they will use it, it is more cost-effective to choose a 1-year fixed deposit. Because if the elderly choose a 3-year fixed deposit, and when it is about to expire, they can only choose to withdraw it in advance, and this will lose most of the interest, and the 1-year fixed deposit can be withdrawn after one year of saving, and the interest will be earned. The reason is very simple, because bank fixed deposits cannot be withdrawn in advance at will, otherwise the interest rate will be calculated according to the interest rate of demand deposits, resulting in the elderly losing most of the interest and saving for so long.

Although the 1-year fixed deposit also has this risk, the probability is at least much smaller than that of the 3-year period, and even if it really encounters the need to withdraw the deposit in advance, because it has only been saved for more than half a year, the loss of profit and gross interest is much less than that of the 3-year fixed deposit, and the elderly do not need to be too distressed.

It depends on the amount of deposits, if the deposit of less than 200,000 yuan is a little better than a three-year fixed one, after all, the liquidity is relatively large, and the interest is not much worse, if it is a deposit of more than 200,000, you can choose a three-year term, which can ensure the annual income and liquidity.

I think it's good to save for a year and shout that you don't have a deposit, after all, a 70-year-old man may have some disease where he needs to use money, and he can take out the money after a year.

It is better to save a one-year fixed deposit so that you can take it out when you need it.

Saving for one year is relatively high, and the elderly will use cash more frequently, and three years is too long.

When the elderly go to the bank to make a deposit, whether it is more than one year or more than three years. There is no standard answer, each with its own benefits. The decision needs to be made on a case-by-case basis for the elderly. What's right for you is the best.

1. The difference between the two in interest.

In fixed deposits, there is a big difference between the one-year and three-year interest rates. At the end of 2021, some banks raised the interest rate for three years in order to attract customers, and the interest on the same money saved in three years may be much higher than that in one year. From the perspective of income, it is definitely more cost-effective to save for three years than for one year.

However, the disadvantage of a three-year fixed deposit is that the money for these three years cannot be moved, and once it is withdrawn, it will be calculated according to the current deposit interest rate, and the loss is relatively large. And a year is relatively short, so there will be no problems to bother.

Second, the elderly are a special group.

As older people get older, their ability to earn money becomes weaker and weaker. Many people rely on retirement salaries or savings from their youth. And as you get older, your physical condition is getting worse and worse, and it is inevitable that there will be diseases and disasters, which requires spending money to see a doctor.

If you save the money for three years, when you need it urgently, you can only settle it according to the current interest. In this way, it seems that it is better to save for three years than for one year. Therefore, in order to earn interest, the elderly can save for three years, but they need to master certain methods.

3. How do the elderly save money?

Seniors can divide their spare money into three parts, saving them for one, two, and three years. When the first year expires, it can be rolled over to three years. Cycle in turn.

You can guarantee annual interest income, and you still have money on hand at critical moments. By the third year, you can enjoy high interest. You can also divide the money into multiple deposits, the amount of which varies, and you can withdraw as much as you need in case of emergency, without destroying all the interest.

Fixed deposits are the most suitable method of managing money for seniors, without any risk, and can be withdrawn whenever you need it. Older people have memory loss and sometimes don't know what to expect. The elderly can write down their password in a notebook or give the passbook to the child, or tell the child to put the passbook in **.

Avoid when the children don't know where the money is deposited.

If the amount of savings is not much, it is best to save for one year, if there is more money and the deposit amount is larger, you can deposit separately, part of the deposit for one year, and part of the deposit for three years. Because the elderly are generally in poor health, most of them have underlying diseases, and this part of their savings is their life-saving money. Nowadays, many elderly people have a certain economic foundation, even if they need money because of illness and other reasons, they are not willing to ask their children for money, they will usually save a sum of money so that they need it in an emergency.

The disadvantage of one-year deposit is that the interest rate is lower, and the advantage is that the liquidity is better, because the deposit period is short, the liquidity is naturally stronger, and after the deposit expires in one year, you can decide whether you need to renew it at any time according to your own situation. If the elderly need to use money for some reasons within the year, they can directly withdraw and use the deposit after it expires, and if there is no abnormal situation and there is no urgent need for money, they can continue to deposit. The three-year deposit interest rate is much higher than the one-year interest rate, but its deposit and withdrawal time requires a three-year cycle to obtain high interest.

Of course, if the elderly have a strong economic foundation, they can save part of the one-year period as an emergency fund, and the other part can be saved for a three-year period, so that even if they need money temporarily, they can also wait for the one-year period to expire and take it out, and they can also withdraw the one-year deposit in advance, and the three-year deposit can continue to be renewed, so that the money is needed temporarily, and the interest loss of early withdrawal can be minimized.

Therefore, the deposit method of the elderly should be flexible according to their actual situation. However, because the elderly have a declining memory as they grow older, they will be unable to remember the deposit after maturity and renew it by mistake because they can flexibly save it in a variety of ways, which is also a loss of interest. At this time, as the children of the elderly, they should help the elderly to manage these deposits, accompany the elderly to the bank to go through the relevant procedures when they expire or need to withdraw in advance, or remind the elderly not to miss the normal deposit and withdrawal time at any time.

It is good to save for more than three years. Because it is better to save for more than three years.

Personally, I think it's okay to save for a year, after all, when you are older, you may need money more urgently.

I think it's better to save for more than three years, because the interest rate will be higher.

Personally, I think that when the elderly deposit money in the bank, they only need to deposit the money in the bank card normally. Because in this way, it will be more convenient for the elderly to use money.

For each of us, when we have a certain amount of money, we will choose to store our cash in the bank. Then choose the storage method that works for you. And when you keep your money in the bank, it's relatively safe. <>

1. Bank deposits.

Almost everyone chooses to deposit their money through bank deposits. But the way of storage is really different, because the amount of money stored and the amount of time stored are different for each person. But no matter what kind of storage method, you can give yourself a certain amount of security for the money you store in the bank.

Moreover, after the bank makes a deposit, the bank usually retains it for the user in the form of a bank card or a receipt. <>

Second, the elderly are more willing to choose to deposit money in the bank.

For the elderly, the cost of living is in a certain range. Therefore, there is basically no big error in the money used every month, in this case, the elderly will choose to keep the money in the bank, this method is not only safer for the elderly, but also can get a certain profit according to the time they have stored. Therefore, most of the people who deposit money in the bank are elderly.

3. The elderly only need to deposit the money in the bank card.

Personally, I think that when the elderly choose to deposit money in the bank, they only need to deposit the money in the bank card. Because this storage method can make it convenient for the elderly to withdraw money at any time. If the elderly choose a one-year or two-year deposit method when they make a deposit in the bank, then when the elderly need to use money during the deposit period, there is no way to obtain the profit during the period.

So in contrast, for the elderly, it is enough to keep the money in the bank card.