After one Year Update to OP: [Am I doing financially alright?]
Hello there!
Just wanted to give a 1 year and change update to this post: https://www.reddit.com/r/JapanFinance/comments/1ihzyk2/am_i_doing_financially_alright_looking_for/
How it started:
- About 6.2M JPY per annum in salary.
- 2.5M JPY in cash savings
- NISA just created
- 800k JPY in Company DC
- 150k JPY in stable crypto (150k)
How it's going:
- Got promoted! After factoring yearly salary increases + promotional base, now making 8M per annum including stock options.
- Reduced cash exposure to currently 1.5M (still above 6 months of current run rate)
- NISA now grown to 1.8M using eMaxis S&P500 as main vehicle for tsumitate, and throwing in excess V points in 成長 with orkan
- Consistently maxed Company DC contributions, currently sitting at about 1.9M.
- De-risked from crypto by cashing out principal, now left with residual profit (30k).
Personal things that I want to improve on:
- Unfortunately became single as of recent, but want to channel that time and energy towards building up credentials + productive hobbies.
- Waiting for my naturalization to get approved (interview in a few weeks, wish me luck!)
- Be able to transition to internal teams that allow me to travel.
I thank the community for chiming in from my original post. Will think about doing another update next year!