Tsumitate NISA as part of retirement funds?

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sytyue
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Tsumitate NISA as part of retirement funds?

Post by sytyue »

I have opened my iDeco account about a year ago. The market is looking pretty bad lately so my iDeco investments have been suffering for the past few months.

I have some extra cash in my regular savings account which was why I was thinking of putting it in a tsumitate NISA account which would go towards my retirement (though that will probably be a good 25 years later) Is treating a tsumitate NISA account as something that will contribute into my retirement fund a bad idea?
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RetireJapan
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Re: Tsumitate NISA as part of retirement funds?

Post by RetireJapan »

No, it's a great idea. 20 years tax free, and you can automate the whole thing.
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sytyue
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Re: Tsumitate NISA as part of retirement funds?

Post by sytyue »

Awesome thank you!
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