RetireJapan

When I bought my house I took out a 110% mortgage fixed at 1.8% for twenty years.
I later got this reduced to 1.5% for the remaining years.

There was a point when they wanted me to pay for 30 years and then say, "You didn't pay the full 40. "So sorry! You get Jack. That is not quite accurate. The period to vest (become eligible to receive a pension) used to be 25 years until it was reduced to 10. Foreign residents could use t...

The Benefit of iDeCo is the large Tax Deduction. Tax Free Money In, Taxable in Retirement You pay with Pre-Tax Yen, but if you have already paid tax on that Yen due to Withholding, then you get that tax refunded at the end of the year. refund = iDeCo Contributions / (1 - Marginal Tax Rate and Recon...

I wonder how much that would be if you had just taken the money and put it intohough you will n the S&P500. Altever run out, I wonder what the break-even point is. Erm, it would be illegal for me NOT to pay in to the Japanese pension though.... Well, yes, we understand that we must legally pay ...

The Benefit of iDeCo is the large Tax Deduction. Tax Free Money In, Taxable in Retirement You pay with Pre-Tax Yen, but if you have already paid tax on that Yen due to Withholding, then you get that tax refunded at the end of the year. refund = iDeCo Contributions / (1 - Marginal Tax Rate and Recon...

The problem with iDeCo is that you have to do annoying paperwork every time your situation changes. And it requires a maintenance fee even if you want to stop paying into it. A few too many strings for me to easily recommend it over NISA to people, anyway. Sure, but the advantage with regards to th...

I just looked online at my Japanese pension forecast. 117,000 yen per month. That'll be for thirty years paid in (kosei nenkin). Scandalous. I wonder how much that would be if you had just taken the money, and put it into the s&p500. Although you will never ever run out. I wonder what the break...

I bet the Japanese state pension won't be that much more than it is now.... How pensioners manage to live on 64,000 yen a month, I don't know. I just looked online at my Japanese pension forecast. 117,000 yen per month. That'll be for thirty years paid in (kosei nenkin). Scandalous. I wonder how mu...

Seen the most recent net migration numbers..... For sure they will become pensioners in the all too distant future, but when they come, they are taxpayers.... Most recent immigrants tend to do low skilled jobs. According to official figures low-income earners cost the country a net 150,000 pounds t...

Man, imagine getting a full British pension worth, say, 1400 quid per month (I can retire from 2046) at an exchange rate of 286.21! Would be living like a king here (for my lifestyle, anyways!). Being 22 years away and, assuming the triple lock stays (and also assuming you're eligible for a full UK...