Achieved “20 million yen savings” at age 45! You have enough savings, so there’s no need to start “investing” now, right…? | Financial Field Updated: 2024.10.05Author: Mitarai Yasuyuki Due to the influence of the “20 million yen retirement problem” that was a hot topic in the past, the amount of 20 million yen has become a psychological goal for many people. However, reaching the 20 million yen mark requires long-term planning and hard work. Once you’ve actually saved a large amount of money, many people may feel like, “Isn’t it okay to just keep saving?” In this article, we will consider the advantages and disadvantages of saving and investing, and examine whether it is necessary to invest in the future if you have saved 20 million yen in your 40s. Author: Yasuyuki Mitarai cfp, administrative scrivener Table of Contents 1 Savings of 20 million yen achieved at age 45. Why is asset management still necessary? 2 Savings and investments, their respective advantages and disadvantages 3 Summary Achieved savings of 20 million yen at age 45. Why is it still necessary to manage your assets? The bottom line is that even if you have 20 million yen in savings by age 45, that’s no reason not to manage your assets. When you consider the expenses you will need until retirement and the cost of living in retirement, it is difficult to say that your current savings are sufficient. Consider the following two points to determine whether you need to invest in assets: (Omitted) *See source for full text.
>>14 If people who used nicknames on 5ch and boasted about making 10 million yen a year were arrested, the reality is that they were all unemployed NEETs. So far, 20 people have been arrested on 5ch. One was a low-income salaryman, and 19 were unemployed NEETs. There was also a case where a woman who called herself a Minato-ku girl on 5chi had her home address revealed to be in the middle of nowhere in Gunma after her 5ch credit card was leaked. They’re all liars.
>>14 During the day, there was a guy who called himself a 27-year-old US corporation owner He was constantly trying to be superior, but he was arguing about raising the minimum wage lol That’s just how 5ch is lol.
How many years do you plan to live after retirement on 20 million yen? If you want to live on an annual income of 5 million yen Assuming you live 20 years, your monthly pension of 150,000 yen will be 2 million yen a year If you make up the rest from savings, that’s 3 million yen a year You’ll hit rock bottom in 6 years.
I was a rubbish human being whose life was over at the age of 40 with only 500,000 yen in savings, but a foreign company built a factory on some hopeless land in the shitty countryside and I’m earning 1.2 million yen a month in rent Given my age, marriage is out of the question, but I’m no longer short of money. Life is a game of luck, I guess. Well, property taxes have gone up, so if you work it out, you can’t have that luxury… and the accountant’s fees are pretty expensive too.
Even if you lose 100,000 yen a month, that would be 200 months or 17 years. Assuming you work until 60, you’ll be 77 years old. But if you get seriously ill, the 20 million will disappear in an instant.
>>47 That sounds like a lie. Even though I’m a free spirit who works 3 part-time jobs a week, I still have 700. Maybe it’s because I’m an indoor person and don’t spend money on anything.
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