RetireJapan

That I thought it was both shows how little I know....thank you for clarifying these questions! Thank you all for this: the total from the pension is a whole lotta nothing. about under 300 USD a month....it's not nothing, but in the larger scheme of retirement, it's basically nothing. Although I wou...

This is intriguing, because the national pension that I was calculating for 480 months was quite high.....it sounds like voluntary contributions is similar to an annuity...pay a large sum to get a fixed income later. Is it possible to contribute x amount so that the pension payout would be close to ...

Thank you all for this: the total from the pension is a whole lotta nothing. about under 300 USD a month....it's not nothing, but in the larger scheme of retirement, it's basically nothing. Although I would love to finish my teaching career in Japan, it's probably better to stay in the GCC, salaries...

Captainspoke, this is very helpful info. Thanks for you time responding. It helps me make the right decisions. That ¥816,000 is the max yearly payout for someone who has made the full 40yrs of contributions. So on a monthly basis the max possible is ¥68,000 (even tho it's paid every other month, so ...

Tunasky thanks so much for this explanation. I figured it couldn't be that much, but was hopeful because my original calculation result was similar to 10 years working in USA and the amount I will receive from social security. Really appreciate your time in responding. Hi everyone. This is the formu...

Hi everyone. This is the formula for Japan pension I saw at https://www.nenkin.go.jp/international/japanese-system/nationalpension/nationalpension.html Yen816,000* x ( (1) + (2) + (3) + (4) + (5) ) / 40 years ** × 12 months If this is the correct formula, then someone who has worked ten years would ...