Summer is coming
This week is week ten at my university, so we are 2/3 of the way through the semester. We are approaching the downhill part 🙂
We are also almost half-way through 2019. Hopefully you are working on your financial plan and happy with your progress. Remember to keep an eye out for your annual pension statement -it will arrive around your birthday every year.
I’ve been enjoying the ‘Retired at 45’ blog (45歳でアーリーリタイアして資産生活) so we have a couple of posts from there this week.
Here are this week’s links
- I hadn’t considered this angle: Japan is not Battle-ready for Climate Change
- Ridiculous situation: Japan Desperately Needs More Day Care Workers. New Mothers Need Not Apply
- Really enjoyed this (very long) podcast: Joe Rogan Experience #1309 – Naval Ravikant
- The year after retirement might be more expensive than you think: ついに住民税の納付書が到着しました
- Good write-up of The Snowball (Buffett’s biography): Did You Win The Ovarian Lottery?
- Another really interesting book review: WHY ARE THE PRICES SO D*MN HIGH?
- At least they are honest about why, I guess? Gov’t rejects ¥20 mil savings estimate for those living to 95
- Not many people have iDeCo accounts (see page 9): iDeCoを始めとした私的年金の現状と課題
- Average household savings for each prefecture: 1世帯あたり貯蓄額 [ 2016年第一位 奈良県 ]
- This is pretty close to the lower end of my projected retirement income: How much do you need to earn every month for a ‘normal’ life in Kyoto? Here’s a sample budget
- I didn’t realise your pension increases even during the periods you are exempt for: 国民年金の免除申請の確認に行ってきました
- This would be better if people invested their savings: Japanese women face retirement savings gap of almost 20 years, World Economic Forum says
- Food for thought from one of my favourite sf authors: Why I Am a Bad Correspondent
- These guys watched ‘8 Mile’ too many times: The underground rap battle for Japanese businessmen
- Some of these are pretty good: I Show The Cultural Differences Between Japan And Other Countries (50 Pics)
What do you think? I enjoyed #3 very much. It’s a lot more optimistic than my usual fare, and I like Naval’s definition of retirement (just after 1 hour 49 minutes in).
I also read some books this week:
- The 100-Year Life, by Lynda Gratton. Still reading this slowly. It’s a bit dry, but some interesting points.
- Limited Wish, by Mark Lawrence. The second in his YA D&D themed series.
- Facing Violence, by Rory Miller. I don’t know why I enjoy reading about self-defence, but this is an excellent book on the subject.
Interesting to see the figures in #9, especially in light on Taro Aso squashing the recent report on the pension that said people needed 20mil extra in savings. Based on these figures, it looks like the average household is already in pretty good shape.
Sadly I suspect average is not very useful here.
The median would indeed be much more useful. I just thought it was ironic that links #7 and #9 in succession point to opposite views on the same issue (methodology issues with both aside).