Page 1 of 1

Tsumitate NISA as part of retirement funds?

Posted: Wed Dec 26, 2018 11:29 pm
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?

Re: Tsumitate NISA as part of retirement funds?

Posted: Thu Dec 27, 2018 12:12 am
by RetireJapan
No, it's a great idea. 20 years tax free, and you can automate the whole thing.

Re: Tsumitate NISA as part of retirement funds?

Posted: Thu Dec 27, 2018 1:34 am
by sytyue
Awesome thank you!