Search found 504 matches

by Moneymatters
Tue Mar 25, 2025 11:44 pm
Forum: Pension
Topic: U.K Triple lock means testing not ruled out.
Replies: 20
Views: 9498

Re: U.K Triple lock means testing not ruled out.

https://www.reddit.com/r/FIREUK/comments/1jjfhnu/millennial_pension_crisis/ Not worth starting a new thread but some interesting comments from I assume people still in the UK and what they think particularly about the likelihood of means testing. Our views as itinerant* foreign workers (or ‘expats’ ...
by Moneymatters
Sat Mar 15, 2025 3:07 am
Forum: General
Topic: Financial education in high school
Replies: 4
Views: 2803

Re: Financial education in high school

He talks about buying gold and whisky, and tells students (who are 16) about how whisky can appreciate in price (in his example going from 60,000yen to 3000,000yen for a bottle). I was blown away. Not a single mention of risks involved with any of these "investments". Hey don’t knock my g...
by Moneymatters
Wed Mar 12, 2025 5:12 am
Forum: Small Business/Self-employment
Topic: Business bank recommendation
Replies: 18
Views: 19776

Re: Business bank recommendation

and got strong recommendation for https://www.netbk.co.jp/ That's SBI, the non-Shinsei one, which I moved to from Shinsei before SBI bought Shinsei. I've been using them for my personal account for years. It's genuinely smooth, but on two occasions I've had to use a different bank. Once was to set ...
by Moneymatters
Tue Mar 11, 2025 11:32 pm
Forum: RetireJapan for Dummies
Topic: Options for payout of unused vacation when retiring
Replies: 5
Views: 9499

Re: Options for payout of unused vacation when retiring

I would like to congratulate you on the retirement. I am jealous as I'm not quite there yet. A little bit further to go. Any big plans now? Thanks! And thanks for the question. Writing about myself is kinda my thing.. Firstly, I’m hoping to sit down and just have 5 minutes to myself.. :lol: Whilst ...
by Moneymatters
Tue Mar 04, 2025 2:26 am
Forum: RetireJapan for Dummies
Topic: Options for payout of unused vacation when retiring
Replies: 5
Views: 9499

Re: Options for payout of unused vacation when retiring

I have used Option A in the past, so it is definitely feasible... if the company agrees to it. It indeed had a favourable tax treatment, and no social insurance/pension deductions whatsoever. I have also used Option C in the past (different company), and social insurance was deducted as normal, but...
by Moneymatters
Tue Mar 04, 2025 1:15 am
Forum: RetireJapan for Dummies
Topic: Options for payout of unused vacation when retiring
Replies: 5
Views: 9499

Options for payout of unused vacation when retiring

I'm leaving work(well retiring) and have the option to get paid for unused vacation. But I'm unsure what's the optimal approach.. Each day is 1/260th of annual salary. It will be 40 days leave. I'm not sure what the smart move is here or if there's another option I haven't considered.. Option A. (My...
by Moneymatters
Tue Feb 25, 2025 10:04 am
Forum: US citizens and green card holders
Topic: Passport renewal times
Replies: 9
Views: 19006

Re: Passport renewal times

Embassies, Consulates! Complimentary Ferrero Rocher whist you wait I expect... I've been here just long enough to recall when we could still apply in person(and they were visibly unhappy about it even then..). Anyway, 'His Digital Majesty's UK Passport Service' is still 3 weeks from application* as ...
by Moneymatters
Fri Feb 07, 2025 2:43 am
Forum: Stock market investing
Topic: Japanese investors dump Eurozone bonds at fastest pace in a decade
Replies: 4
Views: 6737

Re: Japanese investors dump Eurozone bonds at fastest pace in a decade

This FT article re Japanese institutional investors pivoting out of Euro bonds and into JGBs might interest some of you on the board. Japanese investors dump Eurozone bonds at fastest pace in a decade Net selling highlights how rising interest rates in Japan are reshaping global markets How embarra...
by Moneymatters
Thu Jan 30, 2025 3:58 am
Forum: Case Studies/Asking for Advice
Topic: My case (financial/work situation)
Replies: 66
Views: 46468

Re: My case (financial/work situation)

And what, if anything, should I ask each job about to get clarification on? Having had “challenging” work environments in the past, I’d actively encourage people to prioritize the environment. Basing a decision off a single interview would be like marrying someone on the back of a one night stand w...
by Moneymatters
Tue Jan 28, 2025 4:56 am
Forum: iDeCo
Topic: Simple Q&A - iDeCo
Replies: 177
Views: 203580

Re: Simple Q&A - iDeCo

Ok. So I need to opt for the pension to get the pension allowance. And that’s a min for 5 years as pension. I’ll do that.. From wiki. ” If opting for a pension, a Pension Income Deduction (公的年金等控除) applies.“ I looked into it a bit more, and it looks like pension payments are subject to 5.1% withold...