{"id":1507,"date":"2023-05-26T06:00:45","date_gmt":"2023-05-26T06:00:45","guid":{"rendered":"https:\/\/www.czechbankingnews.cz\/?p=1507"},"modified":"2023-05-26T06:00:45","modified_gmt":"2023-05-26T06:00:45","slug":"colosseum-vezmete-zajisteni-na-stari-do-vlastnich-rukou","status":"publish","type":"post","link":"https:\/\/www.czechbankingnews.cz\/?p=1507","title":{"rendered":"Colosseum: Vezm\u011bte zaji\u0161t\u011bn\u00ed na st\u00e1\u0159\u00ed do vlastn\u00edch rukou"},"content":{"rendered":"<p><strong>Mimo\u0159\u00e1dn\u00e9 tempo zadlu\u017eov\u00e1n\u00ed \u010cesk\u00e9 republiky pokra\u010duje. Ke\u00a0konci leto\u0161n\u00edho dubna \u010dinil schodek st\u00e1tn\u00edho rozpo\u010dtu 200 miliard korun. Pokud nepo\u010d\u00edt\u00e1me obdob\u00ed od vypuknut\u00ed koronavirov\u00e9 pandemie, jde o nejvy\u0161\u0161\u00ed deficit v\u00a0samostatn\u00e9 \u010desk\u00e9 historii. A to v\u010detn\u011b krizov\u00e9ho roku 2009 s v\u00fdsledkem -192 miliard korun. Nicm\u00e9n\u011b tehdy \u0161lo o deficit za cel\u00fd rok, nikoli za jeho t\u0159etinu, jako letos.<\/strong><!--more--><\/p>\n<p>Jestli\u017ee byla p\u0159ed rokem 2020 na stole je\u0161t\u011b re\u00e1ln\u00e1 varianta, \u017ee by \u010cesko mohlo za pomoci d\u016fchodov\u00e9 reformy nep\u0159\u00edzniv\u00fd demografick\u00fd v\u00fdvoj a st\u00e1rnut\u00ed populace ust\u00e1t, posledn\u00ed t\u0159i roky ji\u00a0definitivn\u011b poh\u0159bily. Dluh \u010cesk\u00e9 republiky se mezi lety 2020 a 2022 t\u00e9m\u011b\u0159 zdvojn\u00e1sobil na\u00a0bezm\u00e1la t\u0159i biliony korun. A to zdaleka nen\u00ed konec.<\/p>\n<p>Neudr\u017eitelnost d\u016fchodov\u00e9ho syst\u00e9mu, p\u0159ed kterou u\u017e d\u0159\u00edve \u0159ada ekonom\u016f varovala, ale nikdo je\u00a0p\u0159\u00edli\u0161 neposlouchal, dnes mus\u00ed b\u00fdt jasn\u00e1 \u00fapln\u011b ka\u017ed\u00e9mu. Ob\u010dany, kte\u0159\u00ed dnes maj\u00ed do\u00a0d\u016fchodu bl\u00edzko, je\u0161t\u011b st\u00e1t ze setrva\u010dnosti ve st\u00e1\u0159\u00ed jak\u017e tak\u017e u\u017eivit dok\u00e1\u017ee, i kdy\u017e u\u017e dnes syst\u00e9m funguje na\u00a0dluh. Sou\u010dasn\u00ed p\u011bta\u010dty\u0159ic\u00e1tn\u00edci a mlad\u0161\u00ed se u\u017e ale budou muset o sv\u016fj d\u016fchod jednozna\u010dn\u011b postarat sami, jinak se jejich \u017eivotn\u00ed \u00farove\u0148 v penzi v\u00fdrazn\u011b propadne.<\/p>\n<p>Sta\u010d\u00ed se pod\u00edvat na to, jak financov\u00e1n\u00ed d\u016fchod\u016f funguje. Dne\u0161n\u00ed odvody na soci\u00e1ln\u00ed zabezpe\u010den\u00ed se beze zbytku spot\u0159ebuj\u00ed na d\u016fchody st\u00e1vaj\u00edc\u00edch senior\u016f. V\u00a0r\u00e1mci st\u00e1tn\u00edho I.\u00a0pil\u00ed\u0159e d\u016fchodov\u00e9ho syst\u00e9mu neexistuje mechanismus, jeho\u017e prost\u0159ednictv\u00edm by\u00a0se\u00a0dne\u0161n\u00edmu pl\u00e1tci st\u0159\u00e1dalo na jeho vlastn\u00ed penzi v\u00a0budoucnu. Na st\u00e1le v\u00edce d\u016fchodc\u016f bude nav\u00edc v\u00a0n\u00e1sleduj\u00edc\u00edch dek\u00e1d\u00e1ch pracovat \u010d\u00edm d\u00e1l m\u00e9n\u011b lid\u00ed.<\/p>\n<p>D\u016fchody pravd\u011bpodobn\u011b bude st\u00e1t vypl\u00e1cet d\u00e1l i za 10, 20 \u010di 30 let. Ale na zachov\u00e1n\u00ed pom\u011bru jejich v\u00fd\u0161e k\u00a0pr\u016fm\u011brn\u00e9 mzd\u011b u\u017e pen\u00edze sta\u010dit nebudou. Jestli\u017ee u\u017e dnes \u0159ad\u011b lid\u00ed penze nedok\u00e1\u017eou zaru\u010dit d\u016fstojn\u00e9 st\u00e1\u0159\u00ed, s\u00a0postupem \u010dasu ho nezajist\u00ed prakticky nikomu. Ze\u00a0starobn\u00edho d\u016fchodu se\u00a0zkr\u00e1tka stane kapesn\u00e9, rozhodn\u011b nez\u016fstane hlavn\u00edm p\u0159\u00edjmem, z\u00a0n\u011bho\u017e p\u016fjde vy\u017e\u00edt.<\/p>\n<p><strong>Postarej se s\u00e1m<\/strong><\/p>\n<p>Jak z\u00a0toho ven? \u0158e\u0161en\u00ed na\u0161t\u011bst\u00ed existuje. P\u0159estat se spol\u00e9hat na st\u00e1t a postarat se o svoje d\u016fstojn\u00e9 st\u00e1\u0159\u00ed na vlastn\u00ed p\u011bst. Na stran\u011b ka\u017ed\u00e9ho, kdo m\u00e1 do d\u016fchodu je\u0161t\u011b dost daleko, stoj\u00ed \u010das. Ten v\u017edy hraje ve prosp\u011bch investor\u016f. Pokud za\u010dnou zhodnocovat pen\u00edze hned, bude \u010d\u00e1st p\u0159\u00edjm\u016f, kterou by\u00a0m\u011bli na zaji\u0161t\u011bn\u00ed na st\u00e1\u0159\u00ed d\u00e1vat, st\u00e1le relativn\u011b mal\u00e1.<\/p>\n<p>Nap\u0159\u00edklad v p\u0159\u00edpad\u011b t\u0159icetilet\u00e9ho \u010dlov\u011bka se mzdou 35 tis\u00edc korun, co\u017e je \u010d\u00e1stka zaost\u00e1vaj\u00edc\u00ed za\u00a0st\u00e1vaj\u00edc\u00edm pr\u016fm\u011brem i medi\u00e1nem mezd v \u010cR, by odkl\u00e1d\u00e1n\u00ed pouh\u00fdch 5 % p\u0159\u00edjmu ka\u017ed\u00fd m\u011bs\u00edc, tedy 1 750 K\u010d, znamenalo ve st\u00e1\u0159\u00ed v\u00fdslednou sumu kolem 2,5 milionu korun.<\/p>\n<p>To v\u0161e p\u0159i pr\u016fm\u011brn\u00e9m ro\u010dn\u00edm zhodnocen\u00ed 6 %. Tabulka n\u00ed\u017ee ilustruje, jak d\u016fle\u017eit\u00e1 je funkce \u010dasu \u2013 nav\u00fd\u0161en\u00ed m\u011bs\u00ed\u010dn\u00ed investice o pouh\u00fdch 750 korun vede na 35let\u00e9m horizontu k\u00a0rozd\u00edlu a\u017e\u00a01\u00a0milionu.<\/p>\n<p>D\u00edky dlouh\u00e9mu investi\u010dn\u00edmu horizontu sta\u010d\u00ed investovat relativn\u011b mal\u00e9 \u010d\u00e1stky. Ve prosp\u011bch investora hraje tak\u00e9 slo\u017een\u00e9 \u00faro\u010den\u00ed \u2013 v\u00a010. roce od po\u010d\u00e1tku investice p\u0159edstavuj\u00ed v\u00fdnosy p\u0159ibli\u017en\u011b \u010dtvrtinu dosa\u017een\u00e9 \u010d\u00e1stky. Ve 20. roce investice je to u\u017e polovina a ve 30. roce tvo\u0159\u00ed \u00faroky z\u00a0investovan\u00e9 \u010d\u00e1stky u\u017e p\u0159es 60 % rezervy vytvo\u0159en\u00e9 na d\u016fchod.<\/p>\n<p>Kl\u00ed\u010dov\u00e9 je pen\u00edze neukl\u00e1dat pod matraci, nebo na \u00fa\u010det v bance, kde kv\u016fli inflaci rychle ztr\u00e1cej\u00ed hodnotu, ale investovat je. To je jedin\u00e1 historicky osv\u011bd\u010den\u00e1 strategie pro uchov\u00e1n\u00ed dostate\u010dn\u00e9 kupn\u00ed s\u00edly.<strong>\u00a0<\/strong><\/p>\n<p>Zaj\u00edmav\u00e9 mo\u017enosti v tomto ohledu m\u00e1 v\u00a0\u010cesku nab\u00eddnout takzvan\u00fd Investi\u010dn\u00ed penzijn\u00ed \u00fa\u010det \u2013 ten z\u00e1konod\u00e1rci p\u0159ipravuj\u00ed jako pest\u0159ej\u0161\u00ed a v\u00fdhodn\u011bj\u0161\u00ed alternativu ke st\u00e1vaj\u00edc\u00edm penzijn\u00edm fond\u016fm, kter\u00e1 umo\u017en\u00ed investovat do akci\u00ed, dluhopis\u016f i dal\u0161\u00edch n\u00e1stroj\u016f a uplatnit p\u0159i tom da\u0148ov\u00fd odpo\u010det. O \u010d\u00e1stku zaslanou na Investi\u010dn\u00ed penzijn\u00ed \u00fa\u010det si bude mo\u017en\u00e9 sn\u00ed\u017eit da\u0148ov\u00fd z\u00e1klad a\u017e\u00a0do v\u00fd\u0161e 48 tis\u00edc korun. To je dvakr\u00e1t v\u00edce ne\u017e lze u st\u00e1vaj\u00edc\u00edch penzijn\u00edch fond\u016f. Na\u00a0maxim\u00e1ln\u00ed da\u0148ovou \u00fasporu tak dos\u00e1hne investor p\u0159i investici 4 tis\u00edc korun m\u011bs\u00ed\u010dn\u011b.<\/p>\n<p>Proto\u017ee pen\u00edze p\u016fjde vybrat a\u017e po dovr\u0161en\u00ed 60 let v\u011bku a z\u00e1rove\u0148 minim\u00e1ln\u011b 5 let po zalo\u017een\u00ed Investi\u010dn\u00edho penzijn\u00edho \u00fa\u010dtu, jsou investi\u010dn\u00ed spole\u010dnosti a obchodn\u00edci s\u00a0cenn\u00fdmi pap\u00edry velmi motivovan\u00ed, aby klienty pro nov\u00fd produkt z\u00edskali a nab\u00eddli jim velk\u00fd v\u00fdb\u011br r\u016fzn\u00fdch produkt\u016f. S\u00a0velkou pravd\u011bpodobnost\u00ed toti\u017e p\u016fjde o investory, kte\u0159\u00ed budou zhodnocovat pen\u00edze s\u00a0dlouhodob\u00fdm horizontem.<\/p>\n<p>Na rozd\u00edl od st\u00e1vaj\u00edc\u00edch d\u016fchodov\u00fdch fond\u016f dovol\u00ed Investi\u010dn\u00ed penzijn\u00ed \u00fa\u010det za podpory st\u00e1tu vyu\u017e\u00edvat celou \u0159adu strategi\u00ed vhodn\u00fdch pro zaji\u0161t\u011bn\u00ed na st\u00e1\u0159\u00ed. T\u0159eba speci\u00e1ln\u00ed investi\u010dn\u00ed program ivy, jeho\u017e strategie je inspirovan\u00e1 t\u00edm, jak se o svoje prost\u0159edky staraj\u00ed presti\u017en\u00ed americk\u00e9 univerzity \u2013 krom\u011b akci\u00ed a dluhopis\u016f zahrnuje tak\u00e9 aktiva, je\u017e tolik nepodl\u00e9haj\u00ed n\u00e1lad\u011b na kapit\u00e1lov\u00fdch trz\u00edch, jako jsou nap\u0159\u00edklad zlato nebo nemovitosti. Cel\u00fd program je postaven\u00fd tak, aby byl v m\u00e9n\u011b p\u0159\u00edzniv\u00fdch obdob\u00edch ve srovn\u00e1n\u00ed s obdobn\u00fdmi produkty odoln\u011bj\u0161\u00ed a m\u011bl pak pro \u010dasy r\u016fstu lep\u0161\u00ed v\u00fdchoz\u00ed pozici.<\/p>\n<p>Dosavadn\u00ed v\u00fdsledky ivy ukazuj\u00ed, \u017ee jeho strategie funguje p\u0159esn\u011b tak, jak m\u00e1. Za dva roky od\u00a0sv\u00e9ho vstupu na trh si ve sv\u00e9 kategorii vyv\u00e1\u017een\u00fdch produkt\u016f vybudoval pozici na \u00fapln\u00e9 \u0161pici pelotonu.<\/p>\n<p>A\u010dkoli se Investi\u010dn\u00ed penzijn\u00ed \u00fa\u010det nach\u00e1z\u00ed st\u00e1le je\u0161t\u011b v legislativn\u00edm procesu a na jeho spu\u0161t\u011bn\u00ed si\u00a0klienti dle st\u00e1vaj\u00edc\u00edho pl\u00e1nu vl\u00e1dy po\u010dkaj\u00ed do 1. ledna 2024, zaji\u0161t\u011bn\u00edm na st\u00e1\u0159\u00ed by se m\u011bla \u010desk\u00e1 ve\u0159ejnost za\u010d\u00edt zab\u00fdvat u\u017e nyn\u00ed. Investi\u010dn\u00ed program ivy je na v\u0161echny v\u00fdhody Investi\u010dn\u00edho penzijn\u00edho \u00fa\u010dtu p\u0159ipraven\u00fd. Jakmile vejde v platnost p\u0159\u00edslu\u0161n\u00e1 pr\u00e1vn\u00ed norma, budou m\u00edt investo\u0159i mo\u017enost vyu\u017e\u00edt investice do investi\u010dn\u00edho programu ivy pr\u00e1v\u011b v\u00a0re\u017eimu Investi\u010dn\u00edho penzijn\u00edho \u00fa\u010dtu.<\/p>\n<p>P\u0159esto\u017ee spu\u0161t\u011bn\u00ed legislativn\u00ed novinky c\u00edl\u00ed a\u017e na za\u010d\u00e1tek p\u0159\u00ed\u0161t\u00edho roku, za\u010d\u00edt zhodnocovat pen\u00edze v\u00a0programu ivy lze u\u017e te\u010f. \u010cas do za\u010d\u00e1tku roku 2024 tak investo\u0159i mohou vyu\u017e\u00edt nejen na\u00a0shrom\u00e1\u017ed\u011bn\u00ed zaj\u00edmav\u00e9 \u010d\u00e1stky, ale tak\u00e9 si za\u017eij\u00ed n\u00e1vyk pravideln\u00e9ho investov\u00e1n\u00ed, kter\u00e9 je\u00a0pro dlouhodob\u00e9 zaji\u0161t\u011bn\u00ed na st\u00e1\u0159\u00ed v\u00fdhodn\u00e9. Vyu\u017e\u00edv\u00e1 toti\u017e efektu pr\u016fm\u011brov\u00e1n\u00ed ceny a m\u00edrn\u00ed vliv kol\u00eds\u00e1n\u00ed trhu. V dob\u011b poklesu cen pod\u00edlov\u00fdch list\u016f z\u00edsk\u00e1 klient za stejnou \u010d\u00e1stku v\u00edce jednotek s v\u011bt\u0161\u00edm potenci\u00e1lem zhodnocen\u00ed. V dob\u011b vysok\u00fdch cen na trz\u00edch naopak nab\u00fdv\u00e1 m\u00e9n\u011b pod\u00edlov\u00fdch list\u016f, co\u017e pom\u00e1h\u00e1 u p\u0159\u00edpadn\u00fdch pokles\u016f.<\/p>\n<p>O tom, jakou \u017eivotn\u00ed \u00farove\u0148 budou m\u00edt mlad\u00ed lid\u00e9 ve st\u00e1\u0159\u00ed, se do velk\u00e9 m\u00edry rozhoduje u\u017e dnes. Ti, kte\u0159\u00ed vyu\u017eij\u00ed des\u00edtky let \u010dasu ve sv\u016fj prosp\u011bch a budou pravideln\u011b investovat, si s velkou pravd\u011bpodobnost\u00ed zajist\u00ed d\u016fstojn\u00e9 st\u00e1\u0159\u00ed. T\u011bm, kte\u0159\u00ed se budou spol\u00e9hat jen na I. st\u00e1tn\u00ed pil\u00ed\u0159, a\u00a0nechaj\u00ed sv\u016fj osud na lav\u00edruj\u00edc\u00edch politic\u00edch z jedn\u00e9 i druh\u00e9 strany, hroz\u00ed, \u017ee z kolabuj\u00edc\u00edho d\u016fchodov\u00e9ho syst\u00e9mu nedostanou dost pen\u011bz ani na pouh\u00e9 p\u0159e\u017eit\u00ed.<\/p>\n<p><strong><em>Patrik Novotn\u00fd \u2013 investi\u010dn\u00ed strat\u00e9g spole\u010dnosti Colosseum<\/em><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Mimo\u0159\u00e1dn\u00e9 tempo zadlu\u017eov\u00e1n\u00ed \u010cesk\u00e9 republiky pokra\u010duje. Ke\u00a0konci leto\u0161n\u00edho dubna \u010dinil schodek st\u00e1tn\u00edho rozpo\u010dtu 200 miliard korun. Pokud nepo\u010d\u00edt\u00e1me obdob\u00ed od vypuknut\u00ed koronavirov\u00e9 pandemie, jde o <a class=\"mh-excerpt-more\" href=\"https:\/\/www.czechbankingnews.cz\/?p=1507\" title=\"Colosseum: Vezm\u011bte zaji\u0161t\u011bn\u00ed na st\u00e1\u0159\u00ed do vlastn\u00edch rukou\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":1508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-1507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investice"],"_links":{"self":[{"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=\/wp\/v2\/posts\/1507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1507"}],"version-history":[{"count":1,"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=\/wp\/v2\/posts\/1507\/revisions"}],"predecessor-version":[{"id":1509,"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=\/wp\/v2\/posts\/1507\/revisions\/1509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=\/wp\/v2\/media\/1508"}],"wp:attachment":[{"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.czechbankingnews.cz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}