Search found 7 matches

by akizoid
Tue Jan 05, 2021 4:18 am
Forum: Pension
Topic: Pension Query
Replies: 15
Views: 2351

Re: Pension Query

Thanks a lot for all your replies.
It helped clarify lot of things.
Though bit disappointed with final monthly pension figures. Will have to add lots of buffer for the future.

Thanks
Aki
by akizoid
Mon Jan 04, 2021 8:57 am
Forum: Pension
Topic: Pension Query
Replies: 15
Views: 2351

Re: Pension Query

Thank you for your reply. I have already registered for Nenkin and tried there simulator. It says that I will get 165000 per month. Now, I am not sure how to interpret the result. Does it mean that this value is based on my contribution so far? Or based on what I will contribute till I retire? Also,...
by akizoid
Sun Jan 03, 2021 5:17 am
Forum: Pension
Topic: Pension Query
Replies: 15
Views: 2351

Pension Query

Hi All, I am 37 and have paid into Japanese pension system for around 7 yrs already as regular employee. I was working on my retirement planning but could not clearly identify my expected monthly pension amount at my retirement. My current pension contribution so far is: PensionCapture.PNG I was loo...
by akizoid
Fri May 29, 2020 10:33 pm
Forum: Taxes
Topic: Dependent deduction & overseas transfers
Replies: 8
Views: 2490

Re: Dependent deduction & overseas transfers

Transferwise can be safely used. I have been using it for transferring money to my dependents since last 2 yrs and have submitted same as proof for tax deductions. No issues from taxation purpose.
Make sure you directly deposit to dependent's account.
by akizoid
Sat Jan 18, 2020 11:42 pm
Forum: Real Estate
Topic: Advice for buying in an under construction mansion
Replies: 6
Views: 3291

Re: Advice for buying in an under construction mansion

Hi All,
Thanks a lot all of your for your feedback.
by akizoid
Thu Jan 16, 2020 6:15 am
Forum: Real Estate
Topic: Advice for buying in an under construction mansion
Replies: 6
Views: 3291

Re: Advice for buying in an under construction mansion

Welcome to the forum! A few quick thoughts: -whether this is a good idea is probably going to depend on your income -paying 200,000 yen a month for a property you can rent for 130,000 yen a month sounds less than ideal -if you have a residential mortgage you probably will not be allowed to rent out...
by akizoid
Wed Jan 15, 2020 1:31 pm
Forum: Real Estate
Topic: Advice for buying in an under construction mansion
Replies: 6
Views: 3291

Advice for buying in an under construction mansion

Hi All, I have read through the forum and found it very useful. I got my PR recently and decided that its time that I buy my own house/mansion in Tokyo. I am of an Indian origin and lived in Kasai Station area for around 6yrs. I have come across a new construction near Nishi-kasai station. https://n...