Keep counting money forever? No thank you.
I left the title of the post without interrogation and without end point of purpose. Not to answer a question ready for you and not just to explain how I am doing to myself. Let’s talk a little about retirement?
Who retires tranquility in Brazil TODAY?
Former presidents of the republic, former senators, former federal deputies, judges, judges, court advisors, former governors, high-ranking military officers (those in the future no one knows, likely to continue well).
As I do not think I’ll ever belong to this higher caste of the Brazilian Brahma’s eyes, I have to turn to make my retirement. What is left for the poor worker in the private sector? The crap of the INSS and only. The INSS is a fraud against the worker, it is a scheme of Ponzi, a false pyramid that is sustained by those who work. You deposit money to whoever is inside, in turn, you will have to hope to have enough young people working and paying you. The roof of the INSS gets more and more garbage every day.
See the hole that the INSS is going:
DATA – MINIMAL – CEILING – Relationship – Min / max
01/01/2016 R $ 880.00 R $ 5,189.82 5.9
01/01/2015 R $ 788.00 R $ 4,663.75 5.9
01/01/2014 R $ 724 00 R $ 4,390.24 6.1
01/01/2013 R $ 678.00 R $ 4,159.00 6.1
01/01/2012 R $ 622.00 R $ 3,916.20 6.3
01/03/2011 R $ 545.00 R $ 3,691.74 6.8
01/01/2011 R $ 540.00 R $ 3,689.66 6.8
01/01/2010 R $ 510.00 R $ 3,467.40 6.8
01/02/2009 R $ 465.00 R $ 3,218 90 6.9
01/03/2008 R $ 415.00 R $ 3,038.99 7.3
01/04/2007 R $ 380.00 R $ 2,894.28 7.6
01/04/2006 R $ 350,00 R $ 2,801.56 8.0
01/05/2005 R $ 300,00 R $ 2,668.15 8.9
01/05/2004 R $ 260.00 R $ 2,508.72 9.6
01/04/2003 R $ 240.00 R $ 2400.00 10, 0
01/04/2002 R $ 200,00 R $ 1,561.56 7.8
01/04/2001 R $ 180.00 R $ 1,430.00 7.9
04/03/2000 R $ 151.00 R $ 1,328.25 8.8
01 / 05/1999 R $ 136.00 R $ 1,255.32 9.2
01/05/1998 R $ 130.00 R $ 1,200.00 9.2
05/01/1997 R $ 120,00 R $ 1,031.87 8.6
01/05 / 1996 R $ 112.00 R $ 957.56 8.5
01/05/1995 R $ 100,00 R $ 832.66 8.3
01/09/1994 R $ 70.00 R $ 582.66 8.3
01/07/1994 R $ 64.79 R $ 582.66 9.0
The ceiling of the INSS only falls. I’m not saying that INSS will break, that the world will end, none of that, that Brazil will stay in the candlelight, NO! The INSS will only make you a beggar in the long run, that’s all , but break, close the doors and say that the party is over, this state gang WILL NOT HAVE COURAGE TO DO.
In 1994 he paid 9x the value of the minimum wage, nowadays he pays only 5.4x the value of the minimum wage. The idea of the state gang is to level everyone underneath, increasing the value of the minimum and lowering the ceiling. In 35 years, we will have legions of miserable old men on the streets without having the money or the money to buy medicine.
In the US, a retiree earns $ 800 a month. It is LESS than the minimum there. And it looks like it is the richest country in the world, that produces more goods and has more fucking companies. If the US that is a country fodão and with well-educated people are evil, imagine us:
So if you work in the private sector, be prepared to build your own retirement. If you’re a civil servant out of high caste, the news for you is pretty bad too.
Some basic concepts:
Investment contracts and funds are garbage or with your employer contributes is no advantage, no use crying, your money will there turn to dust. Wait for a bank to retire you? Hang on the Manager Simulation Vicar’s Tale on PC? You’re too big for that. That said do not need to worry about PRIVATE retirement, SERIOUS speech.
For state and municipal officials: the future is bleak. States and municipalities break at the pleasure of the communists who govern them, will pay for pensions, pay when they want, do not pay or simply pretend that their retirees do not exist.
At this moment the RJ, the RS, the RN does not have money to pay the retirees. In RN the governor scraped all the money from the retirement fund of the state servers to pay the servers of the active, beautiful, right? Yeah. City hall then, I do not even need to comment.
STOP BELIEVING IN GOVERNMENT. End.
The government is not the solution of problems, government IS THE PROBLEM.
After destroying the INSS, the PGBL, the VGBL, the states, the municipalities and the government I feel much better. Ufa! Destroy your illusions of these things above.
Pension funds of state-owned companies such as Petrobras, Post Office, Electrical and I do not know what? Smoke, right? Postalis lost 98% of the value of the fund buying VENEZUELA bonds, yes you read correctly, VENEZUELA. Corruption reigns in the board of these funds, they buy garbage to earn tips. Do not talk to me about the rule changes, or condemn this or that government.
ALL GOVERNMENTS WILL FILL THE RETIRED EVERY TIME AGAIN. No magic, no corn, no more popcorn. THEY WILL TROUBLE.
Needless to say, if half of the Brazilian population is indebted, almost no one is saving for retirement, according to this study, women save even less:
Study link: http://time.com/money/4258451/retirement-savings-survey/
Understand one thing, retirement is serious business. Very serious. If you do not learn now you will learn when you are 82 and have mild pneumonia.
So how do you, a mere mortal can do to retire?
Well, you’re going to have to save a lifetime and go shopping for assets, as Rich Dad taught.
ASSETS: Things that put money in your pocket.
Is a BMW an asset? No. A car does not put money in your pocket, a boat, a jet ski, a 2 million dollar, a gold necklace, a Rolex, none of it, unless you rent them very well and keep very well and No one steal or destroy them.
So come on, what assets can you go shopping for THE FEW to retire?
Real estate funds
Fixed Income (for the long term, preference here is the Treasury Direct IPCA + without semiannual coupons)
Properties for rent (house, Kitnets, commercial establishments)
shares abroad (stocks)
REITs (real estate funds abroad)
bonds (fixed income securities of governments and/or companies abroad)
own business to work or lease
Mount company, or buy franchise, trade and etc …
These things are valid instruments available to everyone to buy and use to retire.
You can buy a little of each, every month, and to accumulate assets always enriching slowly and retiring EVERY DAY A LITTLE MORE, until the day that is 100% retired, with many from income from all sides, straight to Your bank account. Yes, this is possible.
Understand one thing, if you want to live on your own income, you will have to have high equity (and you will die with high equity) with decent incomes that will correct the inflation and give you an extra every month. As in Brazil inflation is historically high, this is very difficult, but keep in mind to earn at least equal to the CDI at least to HOLD THE VALUE OF HERITAGE and to spare a little more. Make no mistake, investing to earn EQUAL CDI in Brazil is very, very difficult.
To protect a little more attempt to diversify their assets, do not put everything into one. Your home is not an investment, you already know that, right? You will have to study the assets I have spoken, ally them to your profile and draw up a plan and follow the plan, change the plan from time to time is the part, because, with age, family and etc, values are changing in your head.
Some people have 25 properties and is retired only their rent, there are people who have 10 million in RF in bancão and is retired (LOTS of self). There are people who have some 3 trades and stay there spending the time working and talking, with pleasure and do not want to stop, anyway, has everything that is the way.
From everything I put up there, so far, I just have no interest in opening a franchise or have a business or trade, maybe one day, but until today never, and in Brazil even worse. You have to have a plan, SERIOUSLY, and have to start to contribute to its assets, contribute and study and know well them, it is your duty and it is also a moral obligation to take care of your heritage, your integrity, and your family.
And you Frugal, what’s your plan?
Well, I have a plan, and I’ve been fulfilling it all by degrees. As I already said here, my plan is to have several financial assets in Brazil and abroad to retire, besides that, I have a lot in a nice neighborhood and I think of building kitnets to rent in it.
Currently I already live in ap and car removed, I have almost 830k in stock in Brazil, so that part is already of good size. I intend to contribute more in RF and in 2017 Real estate funds to balance this, still in 2016 I want to start gradually to invest in foreign stocks and continue throughout 2017 investing in stocks OUT THERE.
So the first part of my initial plan is to have a good equity in stocks, trust and fixed-income here in Brazil. Then go increasing stock overseas and buy the land on the side of mine to increase my land.
Then build the kit nets and rent them. Adding the rent of the kit nets, my monthly salary, the proceeds of fiis and actions from here I will continue to make a strong contribution to increasing my allocation of fixed income here and also in fiis, and after that, I can decrease my work rate or go home In a city I wanted very much to live in, or maybe even another country. And then work only for pleasure and not for necessity.
Maybe even start a business by putting little of the capital that can lose without great damage, in the distant future (+ 15 years).
My health, workload, and ability to save today are high because I am not married and have no children, so the time is right.
And you, already have your plan?