RetireJapan

It doesn't really matter. You're still converting Yen to Dollars to buy the underlying assets.

The Fund Administrator maybe gets a slightly better exchange rate than you would if you converted Yen to Dollars to buy Dollar Denominated Assets, but you're still buying overseas assets with Weak Yen.

Another article on this in the Mainichi today. This time providing much better context. Apparently the rate of nenkin payment non-compliance amongst the whole of the population is double that of the immigration sample... https://mainichi.jp/english/articles/20240511/p2a/00m/0na/008000c From a discu...

Hello everyone, I'm reaching out to inquire about your experiences with home insurance. Currently, I'm renting a place that I discovered years ago through イエブル. As part of my rental agreement, there's a mandatory insurance policy covering fire, water damage, and related issues. From what I gather, ...

All Insurance Premiums you pay can be deducted from your Taxable Income, either through Year End Tax Adjustment - Nenmatsu Chosei, or through Tax Filing - Kakutei Shinkoku, so you do not pay tax on those insurance Premiums, or looking at it another way, the government pays 30-50% of the premium wit...

Hello everyone, I'm reaching out to inquire about your experiences with home insurance. Currently, I'm renting a place that I discovered years ago through イエブル. As part of my rental agreement, there's a mandatory insurance policy covering fire, water damage, and related issues. From what I gather, ...

If you want a high level of income in retirement, then you have to: 1) Save 2) Protect Yourself and Your Family with Insurance(s) 3) Invest 4) Maximize Tax Advantaged Vehicles such as: a) iDeCo b) NISA c) Real Estate d) Blue Return Entities such as Sole Proprietorship Businesses or LLCs, etc.. e) Fu...

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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...

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...

bYea, so to calculate the annuity (what you get in retirement) for both national pension and employee separately and then add them together. Because every month you pay employee pension you’re paying national pension at the same So in their case if they only ever contributed 120 months to employee ...