RetireJapan

Don't have the assets, and don't plan to submit when over ¥50 million

What happens if you don't submit and the tax authorities somehow find out?

Thanks for the precision. I think that what surprises me the most here is the difference in performance between 全世界株式 and 先進国株式インデックス. But considering that the difference is that Japan and developing nations are included in 全世界株式 (correct?), I guess my surprise comes from a misunderstanding of the ...

Thanks for the precision. I think that what surprises me the most here is the difference in performance between 全世界株式 and 先進国株式インデックス. But considering that the difference is that Japan and developing nations are included in 全世界株式 (correct?), I guess my surprise comes from a misunderstanding of the c...

adamu wrote: ↑Mon Feb 08, 2021 9:34 am Just need to add a like button to posts now

My thoughts exactly!

If you can get out with few or no losses, do it now and start fresh. In 5 years things can go south and if that's the case your investments in an under-performing plan will do even worse. Also don't forget the opportunity cost. Let's imagine that for the next 5 years, things keep going nicely and yo...

As many people here I have been investing into this fund for as long as it has been available. Rakuten Securities shows the performance of the fund (blue line) compared to the average of its category (分類平均, red line). And so far this fund seems to have been quite a bit underwhelming. For the 3 last ...

Surely they know how much I’m earning They know if your employer reports that information and takes the tax directly from your salary, but that does not seem to be your case (does your company ask you to fill a kakutei shinkoku?). It is done for the vast majority of employed people here, so I'm not...

Wait, so if my medical expenses for a year are over ¥100,000 I can what? Get money back? I’m not sure what you mean. But yeah, this is my exact reason. Seems super convenient to me. 100k is the threshold for making a claim--getting a deduction. Over that, and you get that much taken off your income...

Why is the government asking me how much money I’ve paid...to them?! My health insurance is the national one. Not private. And my pension is too. So why am I telling them information they should already have access to? As you mentioned the government is well aware of how much you contributed to the...

Thank you everyone for the insights. I have an existing DC plan from my company and I am planning to match the amount. That's probably a good thing to do. Meanwhile, if financial advisors are not a wise move then I will probably have to open NISA account but it looks complicated to me. I hope there...