● Ageing, Earnings-Professor Jung’s way
Economic Healthcare and Strategies to Reduce Future Caregiving Costs
Healthcare as an Economic Investment
Managing one’s health well can reduce the need for a caregiver from age 70 to 100.
Investing in healthcare provides economic benefits beyond simple exercise or dietary improvements.
Maintaining good health can significantly reduce the burden of future caregiving costs.
This aspect is a crucial issue in economic forecasting and serves as a long-term investment.
Calculating Caregiver Costs and Actual Losses
If 24-hour care is needed in one’s 70s, it can result in a monthly cash outflow of approximately 5 to 6 million won.
This amount puts a significant strain not only on the quality of life but also on overall asset management.
Reducing the need for a caregiver in advance can lead to substantial economic savings.
Caregiver costs directly affect planned investment amounts and pension income.
The Power of Side Income: Gradual Additional Revenue
Conversely, if one can maintain a certain level of activity in their 70s, similar to their younger years, working just 10 hours a week can generate an additional income of 1 million won per month.
When combined with an existing pension, this 1 million won can have a powerful economic effect.
This strategy plays a vital role in both healthcare and investment, significantly aiding in long-term asset growth.
Future Strategy in Chronological Order
Early Stage – Health Management:
Maintain health through consistent exercise, proper diet, and regular check-ups to reduce the likelihood of needing a caregiver in the future.
Mid Stage – Caregiver Cost vs. Savings:
Predict potential caregiving costs after age 70 (5 to 6 million won per month) and focus on securing resources accordingly.
Late Stage – Additional Income and Pension Supplementation:
Increase overall financial stability by combining a small side income (10 hours per week, 1 million won per month) with a pension, even in one’s 70s.
All these strategies are essential elements in long-term economic planning.
We emphasize once again that health itself is the best investment, which can greatly reduce future economic burdens.
This content, centered around key words such as economy, investment, caregiver, pension, and health, will be of great help in future cost management and asset growth.
Summary
Reducing caregiving costs after age 70 through health management secures long-term economic benefits.
Needing a 24-hour caregiver can result in a loss of 5 to 6 million won per month.
Generating side income (10 hours per week, 1 million won per month) in one’s 70s contributes to asset growth when combined with a pension.
This article explains future financial strategies centered around economy, investment, caregiver, pension, and health.
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● Xi’s Right-Hand Man Vanishes-Soon a Puppet?
China’s Political Upheaval: Sudden Purge of Xi Jinping’s Inner Circle and Signals of Economic Crisis
1. Shocking Changes Revealed at the March 11 Event
At the March 11 event, an individual was captured not participating in any show of respect towards Xi Jinping.
Just as disrespecting a superior is unacceptable in a company, this action clearly conveys an intentional message.
It appears that the individual has abandoned loyalty to Xi Jinping, which is interpreted as more than a simple mistake.
This incident vividly demonstrates the internal conflicts within Chinese politics and is seen as a warning sign for future political changes.
It is a significant issue that could greatly impact the global economic outlook and international affairs.
2. Purge of High-Ranking Military Officials and Changes in Power Balance
Subsequently, within the Chinese military, high-ranking officials, including Xu Qiliang, and related individuals were seen being purged in succession.
Due to news related to Xu Qiliang, several suspicions have been raised, and the power balance of the high-ranking echelons is greatly shaken.
In particular, as figures close to Xi Jinping disappear one by one, unconditional loyalty to Xi Jinping traditionally within the military is weakening.
This purge reveals the instability of Chinese politics and may cause repercussions throughout the entire system.
Among economic analysts, there are forecasts that such repercussions will negatively affect not only the Chinese economy but also international affairs.
3. Unusual Signals Revealed at the Ministry of National Defense and Diplomatic Events
Recently, during the visit of Yoon Nan-sung to Kunming, the event proceeded without the presence of high-ranking Chinese Communist Party officials.
In the past, military personnel always accompanied such events, but this time, only Xi Jinping and some officials were observed attending alone.
This change is interpreted as a signal that the internal cohesion of the military and the Ministry of National Defense is weakening.
In other words, with key figures who should be playing a central role in securing national defense power absent, the credibility of the system itself may decline.
4. Absence of Economy-Centered Policies and Its Aftermath
Along with criticism of a recently announced innocence, voices are emerging stating that “everything should be centered on the economy.”
As Xi Jinping fails to properly maintain an economy-centered course, concerns are growing about the absence of economic plans and the poor results that large-scale investments will bring.
From an economic analysis perspective, China’s internal political conflicts can negatively impact investment instability, real estate, manufacturing, and the economy as a whole.
In terms of global economic outlook and international affairs, this internal instability is highly likely to bring about turmoil in financial markets.
5. Future Outlook and Overall Political and Economic Impact
The purge of figures around Xi Jinping and the dismantling of power within the military revealed thus far is not just a simple regime change but a signal of crisis for the entire system.
As loyalty and power struggles intensify internally, the very survival of the Chinese Communist Party regime may be jeopardized.
If this situation continues, Chinese political instability will soon lead to an economic crisis and is expected to have a serious impact on the global economic outlook.
There is a high possibility that investment sentiment will shrink and uncertainty will increase across the entire spectrum of international affairs, and economic analysis experts warn that close monitoring is necessary.
This article begins with the act of disregard shown by an individual towards Xi Jinping at the March 11 event, analyzes the purge of high-ranking officials within the Chinese military, the unusual signals appearing at Ministry of National Defense events, and the signs of an overall economic crisis due to the absence of economy-centered policies.
It focuses on how each event reveals internal divisions and instability within the Chinese political system and how this can negatively affect the global economic outlook and international affairs.
As the power restructuring centered on Xi Jinping and the absence of economic policies threaten the entire system, it is necessary to closely monitor future developments and external economic repercussions.
Key SEO Keywords: Global Economic Outlook, Chinese Politics, Xi Jinping, Economic Analysis, International Affairs.
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