As a banker, let me talk about the level of having one million time deposits in a bank from two aspects:

First, look at the bank level:

< p> Banks generally divide individual customers into two categories: mass customers and mid- to high-end customers. Those with bank assets (mainly deposits) less than 200,000 yuan are mass customers. Those with assets greater than 200,000 yuan are mid-to-high-end customers, which are divided into three categories: those with assets greater than 200,000 yuan but less than 1 million yuan are financial management customers; those with assets greater than or equal to 1 million yuan but less than 6 million yuan are wealth customers; those with assets greater than or equal to 600 Ten thousand yuan is for private banking clients.

Judging from the bank's classification of customers, customers with a deposit of 1 million yuan are ranked in the middle and upper grades of the bank, and there is still a considerable gap between the top private banking customers with a deposit of 6 million yuan.

Second, from a social perspective: Internet data shows that there are 1.4 billion people in China, 540 million of whom have bank deposits of 0, and those with bank deposits of more than 1 million, less than one in a thousand, that is the total The number does not exceed 1.4 million, and these people are mainly concentrated in economically developed large cities. From this point of view, people with a deposit of 1 million in the bank are considered rare.

Third, look at the income aspect. Calculated based on the current three-year deposit interest rate of 3.85%, the annual deposit interest of 1 million yuan is 38,500 yuan. Genzhen National Bureau of Statistics: The per capita disposable income of residents in the first three quarters of 2020 was 23,781 yuan, which is converted into a per capita annual income of 31,708 yuan.

Therefore, if a person lives in a third- or fourth-tier city, has a car, a house, and medical insurance, he can only live at a moderate level on the interest of 1 million yuan.

What is the actual purpose of depositing one million in the bank, and what are its own conditions?

If you are entering old age, all your financial management goals should be based on liquidity, because the elderly cannot withstand the wind and waves.

If you are a young person, you should do some asset allocation, especially a man over 30 years old. If you have one million, in fact, according to Standard & Poor's rules, you should allocate close to 300,000 for financial management.

The best financial management goals are stocks and funds.

If you are under 30 years old, congratulations, you have become a millionaire.

The best choice is to consolidate your career and then take it a step further. Remember that young people should not buy a house easily.

Letting data speak is our consistent style. Let’s look at two data first:

< p> According to the 2019 Hurun Report, the number of households with assets of 6 million in China reached 4.94 million, which are considered "rich households". The number of middle-class households in mainland China has reached 33.2 million, including more than 10 million new middle-class households. The number of households in China reaches 430 million, ranking first in the world.

If this friend has 1 million in the bank and owns a house and a car, assuming that the real estate in a first-tier city is 4 million, he is close to a wealthy family. If you live in a second-tier city, a house with a value of 2 million is considered above average; you must know that there are 430 million households in China, and only 4.94 million households have a value of more than 6 million. You can do the math yourself;

Let’s take a closer look Second data: If the bank goes bankrupt, according to regulations, deposit insurance will implement limited reimbursement, and the maximum reimbursement limit is RMB 500,000. That is to say, if the total principal and interest of all deposit accounts of the same depositor in the same bank is within 500,000 yuan, full compensation will be paid. The portion exceeding RMB 500,000 shall be reimbursed from the liquidated property of the depository bank.

In other words, 500,000 is a threshold; since the bank defines it as 500,000, it means that most families do not have enough deposits for 500,000, and if you have 1 million, you can be said to be very awesome. .

In summary, you have 1 million in the bank, which is very impressive! What do you think?