新经济时代精智人群财富新规划-复旦发展研究院-中宏保险

2◼◼◼◼◼◼◼◼312345010203040506678𝑝𝑜𝑝𝑖,𝑥𝑒𝑥𝒆𝒙 = 𝒑𝒙 (𝟏 + 𝒆𝒙+𝟏),𝒙 = 𝟎, 𝟏, 𝟐, 𝟑, . . . 𝟏𝟎𝟒𝒆𝟏𝟎𝟓 = 𝟎𝐞𝐱𝑬𝒊𝒆𝒙𝑬𝒊 =σ𝒙=𝟎𝟖𝟒 (𝒙+𝒆𝒙)𝒑𝒐𝒑𝒊,𝒙σ𝒙=𝟎𝟖𝟒𝒑𝒐𝒑𝒊,𝒙911 12141234580.0%69.3%64.6%77.9%43.1%27.7%19.1%76.4%48.9%28.3%78.4%45.7%88.3%//11.320.838.661.595.586.4110.0140.0125.09.515.131.742.666.856.865.677.068.825.343.980.6112.0137.3154.5187.2220.0245.015.2%15.9%15.8%17.4%21.6%16.7%17.7%19.5%13.9%12.7%11.5%13.0%12.1%15.2%11.0%10.5%10.7%7.6%34.0%33.5%33.0%31.7%31.1%29.8%30.1%30.7%27.2%0.050.0100.0150.0200.0250.0300.0350.0400.00.0%5.0%10.0%15.0%20.0%25.0%30.0%35.0%100[100,200)[200,300)[300,400)[400,500)[500,600)[600,700)[700,800)800%1516◼◼174.03.83.83.41-530.3%23.7%10.6%9.3%%8.0%7.1%5.0%3.3%2.7%%18◼◼◼84.6%82.7%72.1%68.1%58.6%45.3%12.1%10.7%6.4%///1959.7%21.0%19.4%25-5050-10010045.0%20.0%14.0%14.0%7.0%0.0%10.0%20.0%30.0%40.0%50.0%60.0%1-34-67-1011-202040%50100755%42122◼◼◼◼◼◼◼◼23=max(-,0)70024◼251551106131242150-500500-10001000-15001500-20002000-2500 2500-5000>500070040758%65.11%10006.39%2500272830.4%25.3%8.8%29.7%15.3%11.7%%2002002002002920020054.3%32.1%13.6%43.2%38.7%18.0%%20020030200(200-1.7) 200(200+ 1.1)34.6%20.2%8.1%15.1%9.2%9.0%3.7%38.7%14.4%14.4%10.8%8.1%7.2%6.3%%200200财富价值稳定性财富价值增长率指定财富继承人财富传承长期性降低税收负担防范债务风险隔离婚姻风险8.2%6.28%7.2%10.8%%2002003120020030.9%29.4%24.8%14.9%41.4%15.3%24.3%18.9%%2002004.4%8.1%200200%3220037215495%20020093.8371.7679.63%200332002004.54.04.04.33.63.23.32.94.64.64.23.93.63.43.32.91-520020038.0%9.7%24.3%10.5%6.8%10.7%43.2%14.4%27.9%9.0%1.8%3.6%%20020034200200353726.1%15.9%4.3%14.5%14.5%8.7%8.7%4.3%2.9%%38