RetireJapan

Last time I went abroad I used my Mastercard CC and paid it all off in one go. So no interest, but I guess I got screwed on the exchange rate. Is the wise *much* cheaper as a debit card?

Stupid question maybe, but isn't All Country allocated according to global equity ratios? If the US market is no longer 60% (or whatever it currently is), wouldn't the US allocation be adjusted accordingly?

Just my humble opinion, but when my SBI site, on the front page, tells me how much I’ve paid, how much my investments are now worth, the gain, what my allocation is set to and where my current allocation is at now, I’m not sure what else it could tell me that I need to know. How much it complies wit...

OK, nice. Thanks all. So when I retire, I can simply sell, say, ¥100m of NISA and transfer it to my local bank? Do we simply not declare that ¥100m that suddenly appears in my account on our tax return? Won't the bank or tax office ask where it's from? (I don't do our taxes so not sure how things wo...

NISA and iDeCo both grow safe from capital gains tax. iDeCo payments are made out of pre-tax income, NISA are not. At withdrawal, iDeco is taxable as a retirement bonus for lump sums or as pension income for a monthly pension (or a mixture of both). But what happens when I draw down NISA in retireme...

Why buy a flat? You can buy an old house for the same price. I lived in a (new) flat for nearly 20 years and wouldn't do it again. The thought of having to use an elevator to get to my car... Now I'm getting older, the thought of not having to tend a garden is appealing, but I would go for an apartm...

RetireJapan wrote: ↑Fri Jul 05, 2024 8:28 am Our net worth is going up far quicker than our yen expenses are this year, by a factor of hundreds(?).

Woah, sailor. Maybe cut back on the humility a bit? I made it, you're on your own.

I am considering buying an annuity for myself and/or my wife in the future with some of our funds in order to establish an income floor that will fully fund our lifestyle. Need to do A LOT MORE RESEARCH about this in Japan before then, so expect blog posts and videos on the topic in due course. Rig...

Sorry, but was that a corny advert for an American investment firm? It's like parody we see in movies.

"The people who grew up with the Mouseketeers are now becoming re-imagineers."

Huh? I need a translator.