Cracaphat wrote: ↑Fri Sep 30, 2022 11:08 am
Hi, The ol' lady's been on my case to find some investments for our future savings and I've been reading up on iDeCo on RJ the past two days like mad.It seems many are doing the ｅＭＡＸＩＳ Ｓｌｉｍ 全世界株式（オール・カントリー). I want to do a 'set and forget' if that allows. But trying to understand the benefits of this fund. I turn 55 early next year,so iDeCo's till 70 deal seems the best thing to do.Are there any pointers for a pretty much unsavvy guy to know? I've read a diversification of Japanese and foreign stocks with some bonds maybe,at the lowest fees.Does eMaxi fit that bill?
And my wife says using your "My Number" card is a must. Is that so? I haven't read anything saying that though.Thanks a lot for any input.
Keep reading, there are dozens of threads which will help. You haven't given much detail on your current situation, so answers below are general:
- yes, iDeCo is good for you as long as you plan to retire in Japan. Growth is tax-free, and it reduces your taxable income too.
This alone may not be enough, depending on your situation. If your iDeCo max is 23,000 per month, extrapolate that across the 15 years, maybe double it, and see if you think that number will suffice (about 8 million yen?). If not, also consider NISA or more likely tsumitate NISA in addition.
-in iDeCo or tsumitate NISA you can choose a couple of funds (or even just one), set and forget.
-benefits of ｅＭＡＸＩＳ Ｓｌｉｍ 全世界株式（オール・カントリー)? Low cost, diversified equity fund. For a long-term investment, 1-fund strategy, it is perfect.
-diversification - as above, the All Country includes the largest publicly-listed stocks, by size, so no further 'strategy' is needed for equity.
You mention bonds. It is advisable to have cash, bonds or REITs, basically something which does not move in tandem with stock-market rises and falls, to balance out your portfolio.
Since bonds or REITs will have lower returns than equity funds, most people would advise to put this into a taxable account. You don't want the tax-free growth benefits of the iDeCo or NISA account to be reduced by including investments which do not grow much.
-MyNumber - as with all financial transactions in Japan now, you will need to share your number with the securities company to get things started. The physical card itself is not needed though. (It is becoming more useful now, though, so probably worth getting anyway in my opinion.)
and need to help supplement when that happens.We joined a small scale mutual aid thingy three years ago (Shookibo kyosai in Japanese),but need more than that.Like you suggested,maybe I'll have to look at Nisa too,My Number notwithstanding.Thanks a lot again.
