Early Retirement Checklist
Posted: Thu Feb 15, 2024 4:58 am
So.. I saw an opportunity and proposed my own role for corporate restructuring..
If accepted, it's a year earlier than when I was hoping to quit but the additional payout will more than cover the accelerated timeline.
Expect I'll hear if successful or not very soon then will have x months to transition. The assumption is I won't be looking for other full time work.
Here's my pre-retirement checklist:-
1. Request to stay under company insurance scheme for 1 year?
I understand this is typically advantageous. Any resources about this?
(Specifically the paperwork side as my employer is best described as neutral chaotic in all matters regarding employment admin..)
Any reason to stay on company insurance for a second year?
2. Set aside funds for however much Resident tax is still owed.
3. Ensure I'm registered to start paying kokumin Nenkin.
4. Change iDeCo plan from employee to self employed (Class 1?)
5. I have two credit cards (SMBC Prestia and SMBC Trust) with high limits but is it worth me getting another card just in case?
6. I won't be eligible for unemployment insurance allowances so hope to negotiate an additional payment of some sort instead.
So what else am I missing? (Please assume I've put insufficient thought into this.)
PR holder. I'm not using my work email for any private accounts/recovery emails.
(Well. Linkedin but that would be deleted the moment this is confirmed.)
If accepted, it's a year earlier than when I was hoping to quit but the additional payout will more than cover the accelerated timeline.
Expect I'll hear if successful or not very soon then will have x months to transition. The assumption is I won't be looking for other full time work.
Here's my pre-retirement checklist:-
1. Request to stay under company insurance scheme for 1 year?
I understand this is typically advantageous. Any resources about this?
(Specifically the paperwork side as my employer is best described as neutral chaotic in all matters regarding employment admin..)
Any reason to stay on company insurance for a second year?
2. Set aside funds for however much Resident tax is still owed.
3. Ensure I'm registered to start paying kokumin Nenkin.
4. Change iDeCo plan from employee to self employed (Class 1?)
5. I have two credit cards (SMBC Prestia and SMBC Trust) with high limits but is it worth me getting another card just in case?
6. I won't be eligible for unemployment insurance allowances so hope to negotiate an additional payment of some sort instead.
So what else am I missing? (Please assume I've put insufficient thought into this.)
PR holder. I'm not using my work email for any private accounts/recovery emails.
(Well. Linkedin but that would be deleted the moment this is confirmed.)