Search found 520 matches

by Moneymatters
Tue May 06, 2025 4:19 am
Forum: General
Topic: FI/RE Financial Independence, Retire Early
Replies: 15
Views: 977

Re: FI/RE Financial Independence, Retire Early

*This person has been a stay at home housewife for 24 years and actually lives alone as husband has been working away for decades now and son left for uni. She clearly has zero intention to rejoin the workforce so technically FIREd very early!! My wry smile has rarely been wryer.. Isn't there a wor...
by Moneymatters
Mon May 05, 2025 11:31 pm
Forum: General
Topic: FI/RE Financial Independence, Retire Early
Replies: 15
Views: 977

Re: FI/RE Financial Independence, Retire Early

There was a bit of a FIRE boom in Japan a couple of years ago (around when Atsugiri Jason put his first book out). Quite a bit of interest on the talk shows, etc. (that one with the mole puppets had an episode featuring really weird FIRE people that ate grass from public parks, etc.) But everyone s...
by Moneymatters
Mon May 05, 2025 11:24 pm
Forum: General
Topic: FI/RE Financial Independence, Retire Early
Replies: 15
Views: 977

Re: FI/RE Financial Independence, Retire Early

There was a bit of a FIRE boom in Japan a couple of years ago (around when Atsugiri Jason put his first book out). Quite a bit of interest on the talk shows, etc. (that one with the mole puppets had an episode featuring really weird FIRE people that ate grass from public parks, etc.) But everyone s...
by Moneymatters
Mon May 05, 2025 10:45 pm
Forum: General
Topic: FI/RE Financial Independence, Retire Early
Replies: 15
Views: 977

Re: FI/RE Financial Independence, Retire Early

Actually, I had noticed this as book advert on Tokyo subway trains quite a while ago... Yeah, as RJ wrote, there was a brief moment of 'popularity', for want of a better word. A few Japanese friends are aware of the concept, although they are also convinced that it is not possible for 'normal salar...
by Moneymatters
Mon May 05, 2025 10:29 pm
Forum: Legacy NISA (~2023)
Topic: leagacy nisa maturing this yr-bad timing!
Replies: 31
Views: 3260

Re: leagacy nisa maturing this yr-bad timing!

In beanhead's scenario of 1.2M dropping to 1M in the NISA. If it then rises back to 1.2M in your taxable account, you pay tax on the 200k, even though you didn't make any money. Whereas if you'd sold it before it expires in anticipation of this, you'd miss out on the 200k gain at all. In both cases...
by Moneymatters
Mon May 05, 2025 8:14 am
Forum: Legacy NISA (~2023)
Topic: leagacy nisa maturing this yr-bad timing!
Replies: 31
Views: 3260

Re: leagacy nisa maturing this yr-bad timing!

From my perspective, whenever you sell or are forced to sell that just resets everything. Whilst it might be nice to make more money sooner I'm not sure how this connects to "bad timing".. In beanhead's scenario of 1.2M dropping to 1M in the NISA. If it then rises back to 1.2M in your tax...
by Moneymatters
Mon May 05, 2025 8:01 am
Forum: General
Topic: FI/RE Financial Independence, Retire Early
Replies: 15
Views: 977

Re: FI/RE Financial Independence, Retire Early

Anyone else noticing a shift in the local populace wrt awareness of early retirement as a possible goal? I have seen a couple of TV shows where they mentioned it. If you use one of the big Japanese brokers their email newsletters also cover FIRE now and then. And I think I have seen it on the cover...
by Moneymatters
Mon May 05, 2025 7:49 am
Forum: General
Topic: FI/RE Financial Independence, Retire Early
Replies: 15
Views: 977

Re: FI/RE Financial Independence, Retire Early

adamu wrote: Mon May 05, 2025 5:07 am Always a decade behind the times.

FIDR is where it's at nowadays (FI don't retire).
I think Japan is fully onboard with the Don't Retire approach...
Father-in-laws last part time job was at 80+ as school yard monitor/Security!?...
by Moneymatters
Mon May 05, 2025 7:45 am
Forum: Legacy NISA (~2023)
Topic: leagacy nisa maturing this yr-bad timing!
Replies: 31
Views: 3260

Re: leagacy nisa maturing this yr-bad timing!

Surely that timing risk exists no matter the value of the old nisa when it expires. If you're at a loss in the NISA and sell after the NISA expires, if the price rises to still less than your original purchase price between when the NISA expires and you sell, you'll be liable for CGT on the 'gain',...
by Moneymatters
Mon May 05, 2025 4:04 am
Forum: General
Topic: FI/RE Financial Independence, Retire Early
Replies: 15
Views: 977

FI/RE Financial Independence, Retire Early

So I shared with some Japanese relatives that I’m going to be retiring early. The usual “but what will you do for work..” comments. But then a brother in-law asked me if it was “FIRE?” Clearly that word has fully entered the salaryman consciousness as I’ve often considered him very much the deep sea...