Tag: Saving for retirement

Investing, Investing in Japan, Life and Money, Life in Japan, Personal finance in Japan, Retirement

Japanese Nenkin

Pensioners and retirees are in an uproar here in Japan over a recent report by the Financial System Council. The study revealed that elderly couples (males over the age of 65 with a wife who is 60 or over) whose income is dependent on social security pensions are short an estimated ¥20,000,000 or USD $184,000 in income if they expect to live to 95 years old. … Continue reading Japanese Nenkin

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Financial Independence, Investing, Life and Money, Retirement, Saving, The Psychology of Money

Retirement Number

For Americans, the ideal retirement number being touted is $1 million. This is based on the 4% withdrawal rate. So if you make it $40,000 a year, you need about one million dollars to retire. This idea of having to save $1 million in the bank for retirement scares me a lot. My husband and I don’t make a lot of money and just thinking … Continue reading Retirement Number

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