It is necessary to build pension fixed investment plans for both parents. Parents have worked hard for us all their lives, and are used to thinking about their children and unwilling to improve their lives. Therefore, they build pension fixed investment plans for their parents. After their parents retire, they can regularly draw funds from these fixed investment plans to improve their lives.
The pension fixed investment plan has one feature: it needs to only enter and not exit for a long period of time (funds have been used for fixed investment, and these funds also need to be sold after reaching the selling conditions, but the sold funds need to be used for investment all the time). We have accumulated enough assets, and these assets will generate dividends and other income every year, Then we can cover our parents' living expenses, and we can draw funds from it. And after we have accumulated a certain amount, we can gradually increase living expenses and improve the quality of life.
