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3221.
Vivinavi Los Angeles
Is life insurance a good investment?（5kview/10res）		 Question 2022/05/31 07:18
3222.
Vivinavi Los Angeles
Maintaining a 401K after returning home（6kview/7res）		 Problem / Need advice 2022/05/30 14:27
3223.
Vivinavi Hawaii
After obtaining a green card（2kview/7res）		 Visa related 2022/05/29 21:47
3224.
Vivinavi Los Angeles
things that have been lost（28kview/75res）		 Free talk 2022/05/29 08:19
3225.
Vivinavi Los Angeles
California Paid Family Leave（1kview/2res）		 Problem / Need advice 2022/05/28 18:59
3226.
Vivinavi Tokyo
Bioral Shinjuku Marui Store（782view/0res）		 Food / Gourmet 2022/05/27 12:25
3227.
Vivinavi Kusatsu
Gulliver Kusatsu Minami（937view/0res）		 Free talk 2022/05/27 11:55
3228.
Vivinavi Saitamashi
Saitama Rengou（598view/0res）		 Food / Gourmet 2022/05/27 11:32
3229.
Vivinavi Sapporo
Hokkaido Beef VS High Quality Fish ！ Teppan Teppan...（698view/0res）		 Food / Gourmet 2022/05/27 11:28
3230.
Vivinavi Sapporo
Ru Vin CANVAS（743view/0res）		 Food / Gourmet 2022/05/27 11:24
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Vivinavi Los Angeles
Is life insurance a good investment?

Question
#1
  • 教えて下さい。
  • mail
  • 2022/01/11 10:12

Until recently, I have been living paycheck to paycheck, so I have not invested much in the way of investments. I started a side business last year that allows me to earn a steady income every month, so I am now studying to invest my surplus money.

The quickest investment I could think of was life insurance.

However, I am somewhat skeptical about life insurance because I strongly remember advice I heard from someone about 10 years ago that life insurance and investments should not be mixed, and that life insurance is not an investment.

I have seen online and Youtuber's explanations that Whole life insurance has a real annual interest rate of about 1.5-2% after deducting commissions and expenses, as the premium in the monthly amount you pay increases with age and the amount going to investments decreases as you get closer to maturity. Another disadvantage is that in the event of the death of the insured person, the insured person only receives the Death Benefit, not the accumulated money.

I have a wife and children, so I need the Death Benefit, so I think it would be better to have a Death Benefit of about 100 million yen in Term Life Insurance and invest the other money in ETFs, BOND, SP500, Roth IRAs, Crypto, etc. I think it is better to invest other money in ETF, BOND, SP500, Roth IRA, Crypto, etc. at this stage.

Is life insurance a good investment, although each individual is different depending on family circumstances and income?
Please let me know.

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#3
  • pooske
  • 2022/01/22 (Sat) 22:30
  • Report

Life insurance is not an investment. If you do not die, there is no virtue in it. If you live a short life, it will be difficult to leave enough money for your family. Also, after you die, there is nothing more you can do, even if you have 100 million yen, it will not be enough.

Buy stocks of companies you like. For example, if you like Costco, buy Costco stock. If you like Apple products, buy Apple stock. And if the price goes down, be patient. On the other hand, if the price goes down, have the courage to buy. However, this is a 10-year investment. It will not work in the short term.

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#4

It is me, but I am a financial consultant. Current life insurance can be an investment. I will first listen to the whole picture and your wishes before advising you. I offer free consultations. Please contact me if you would like to know more.

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#5

In my layman's personal opinion, the purpose of life insurance is to replace the income of the deceased insured to support the remaining family members. A common practice would be to purchase Term Life Insurance at 10-15 times the annual income until the children are no longer dependent on the insured or until the insured himself retires. For example, if the mainstay of the family $ 100k annual income dies, $ 1.5M of insurance money can be invested in S&P500 Index Fund, etc., and on average （ based on historical data only, ） $ 100k or so annual income will be earned. 100k per annum based on historical data. On the other hand, if you already have $ 1.5M in financial assets, you are Self Insured and do not need to buy life insurance. Also, when your children leave the nest after getting a job or your spouse reaches pensionable age, you will no longer need life insurance because you will need less money. Insurance is just insurance. Term Life Insurance is a good choice for a lump sum. Besides, Term Life Insurance is much cheaper in terms of monthly premiums. And it is recommended to separately invest the surplus funds in index funds with low fees for long-term investment by yourself.

You may already know this, but check out Dave Ramsey's channel on Youtube. He talks a lot about insurance and long-term investing, has podcasts, and has a best-selling book out.

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#6
  • トホホのおとっつぁん
  • 2022/05/30 (Mon) 00:59
  • Report

Shut up and keep piling into the S&P500 ETF VOO.
You can find out more on YouTube.

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#7
  • 昭和のおとっつぁん
  • 2022/05/30 (Mon) 07:05
  • Report

It is up to the individual to decide where to invest.
There is no need to tell a stranger what to do.

Life insurance should teach you about good investments.

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Vivinavi Los Angeles
Maintaining a 401K after returning home

Problem / Need advice
#1
  • 年金
  • mail
  • 2022/05/22 14:09

Regarding the 401K rollover due to divorce, I would like to invest the money in the U.S. until the time of pension receipt, since the penalty for early cash-out is substantial if I return permanently to Japan after the divorce (U.S. citizen, no GC).

If you know of any financial institutions that non-residents can maintain, I would appreciate your advice. Thank you in advance.

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#4
  • SJDummy
  • 2022/05/22 (Sun) 18:59
  • Report

It depends on the policy of the financial institution as to whether it is possible for a non-U.S. resident to maintain it. First, you should discuss this with your current investment company. I am a US citizen, but when I decided to move to Japan upon my retirement, I talked to the investment company I had been using, and they told me that they do not allow non-US residents to maintain an account. I checked with Fidelity Investment and found that it was possible, so I created an IRA account and a general taxable account with Fidelity and rolled over everything into that account. After moving to Japan, all access to the accounts was via the Internet, which was no problem. However, Mutual Fund is for US residents, so new purchases are not allowed. （ This should be the same with any investment company ） The sale of holdings prior to immigration was possible without any problems for both IRA and general taxable accounts. Purchases of common stocks and ETFs are possible even if you reside outside the US. Transactions can be done almost entirely online, but only the sale and encashment of Mutual Funds in IRA accounts could not be done online, and had to be done by mail after signing a prescribed form. （ Thus, it is time consuming. ） Sale and encashment of Mutual Fund in taxable account and Wire to other financial institutions were all possible online.
After living in Japan for several years, I returned to the U.S. As soon as I changed my address to the U.S., I was able to purchase ／ and sell my Mutual Fund online, all restrictions were removed.

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#5

I plan to move to Japan in the future and have an account with Union Bank of California, so I contacted the bank. They said that I can maintain the account even if I become a non-resident of the US. They recommended that I apply for Paperless for notifications, etc. and set up a password so that I can request money transfers by phone from Japan. I think it depends on the bank, so you should contact the bank where you have an account or want to open an account.

SJDummy,

I also have an IRA account with Fidelity and was wondering if I could open an account that would allow me to Wire to Japan. Thank you very much for your valuable information.

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#6

It's me, I am a financial consultant. Free consultation. Please contact me. I can respond immediately.

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#7

Mr. Prospective Returnee,
One point, regarding US->japanese wires, please note that the fees for yen wires from US banks to Japanese banks are often several percent or more. I opened a dollar deposit account when I was residing in Japan, and I send all my US->-Japanese WIRE in dollars. In that case, there is no dollar-＞ yen exchange fee required, only an International Wire fee $ 35. Since the exchange fee for dollar deposits in Japan is TTB + 1 yen, this method is the least expensive. （ Japanese banks are Mitsubishi UFJ). In addition, as you probably know, if the Wire amount exceeds JPY1,000,000 （ Japan ） or $10,000 （ US Dollar ）, the information will automatically go to the respective tax authorities in both Japan and the US. It is important to keep the documents for at least 3 years. In my experience, I have never been investigated for remittances in excess of that amount. （ That way I can save my setup and it is less hassle since it is all done online. ） Also, I always use 2-step verification （ by phone or text ） for these transfers, not just ID ／ PW. If you have any additional questions, please email me directly.

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#8
  • そんなに難しくない
  • 2022/05/30 (Mon) 14:27
  • Report
  • Delete

You can open an IRA at any financial institution while you are living in the US, i.e. while you have an address here.
If you roll over your 401(k) into the IRA you opened, and then move your address to Japan when you return home, you should be able to maintain it with no problem.
If there is no particular need to wholesale now, I would suggest waiting until you turn 60 before transferring to Japan.

Currently, Citibank has an online international money transfer service, so you may be able to operate your own money transfer from Japan.
I think it would be easiest to prepare an IRA account and a Citibank account.

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Vivinavi Hawaii
After obtaining a green card

Visa related
#1
  • ここ
  • mail
  • 2022/05/22 13:02

I will receive my green card soon. When I receive it, I plan to purchase an airline ticket and go to Japan for the first time in several years. Is there any problem if I travel outside of the U.S. without any formalities once the card arrives in my hands? I was worried. I posted this because I thought I could hear from people who have obtained a green card through Vivi. Please let me know if you know what to expect. Thank you in advance.

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#2
  • 永住歴うん十年
  • 2022/05/22 (Sun) 17:55
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I think you are wrong about not being allowed to leave the U.S. for more than a year, but I don't see any specific information about that in a search, so I think it would be better to check directly with Immigration.

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#3
  • こーの字
  • 2022/05/22 (Sun) 18:36
  • Report

Maybe you misunderstood
that staying outside the US for more than a year is considered renouncing your permanent residence status
.

I have never been outside the US since I got my GC in 2020.
However, I was not told by my lawyer that I should not leave the US within a year of obtaining the GC.
Below is a link to the relevant page of the Immigration Bureau.
I hope this helps.


https://www.uscis.gov/green-card/after-we-grant-your-green-card/international-travel-as-a-permanent-resident

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#6

It is the experience of an old timer who got a GC by marriage and has already renewed it many times, but I was advised by others not to leave the country during the temporary GC, but if I went to the immigration office before my trip to report that I was going to Japan from when to when, they would write a note to that effect on the page of my passport and They also stamped my passport with an immigration stamp. This was in the days when immigration was located across the street from Restaurant Row. If I had any concerns, I would take my passport and go to the immigration office for advice. It was an analog era, but immigration was closer to us than it is now. During the Corona Disaster, I had to renew my GC, but this time I was able to renew it online without fingerprinting or an interview. It is a convenient era, isn't it? If you have any concerns about leaving the country, I think you should ask immigration before you leave, so that things will go smoothly at the airport immigration when you return.

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#7

Back in 2012, I went outside the US several times within a year of getting my GC and had no problems. The line at immigration is the same as for citizens, and I remember being very impressed with how smoothly I was able to get through the immigration process. Especially since I had been on AOS status for over 5 years before that, so I had to get a travel permit every year and always went to a separate room … I'm in the process of renewing my GC, and it's easy and helpful to be able to do it online now. Fingerprinting seems to be back.

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#8

I don't think you are allowed to be away from the US for more than six months now.
More than a year was a long time ago.

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Vivinavi Los Angeles
things that have been lost

Free talk
#1
  • 懐かし屋
  • mail
  • 2022/05/23 15:52

They say 10 years ago, but 10 years ago there was indeed,
Bridge USA and Mikawaya, a Japanese confectionery shop,
which didn't even exist at night, before I knew it.

The free Lighthouse, which was created around the same time, is in a rut and I don't want to read about it. Bridge USA is something I miss.

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#72
  • はい
  • 2022/05/28 (Sat) 14:39
  • Report

curry house

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#73

eldest daughter (may be used after name as honorific)

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#74
  • トホホのおとっつぁん
  • 2022/05/28 (Sat) 20:43
  • Report

Super Udon

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#75
  • 昭和のおとっつぁん
  • 2022/05/29 (Sun) 06:40
  • Report

Private stores change their names even if they are in the same place before you know it.
There is no end to it if you write it down.

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#76
  • n
  • 2022/05/29 (Sun) 08:19
  • Report

Spot Market, Sanseido Books, UTB, Asahi Homecast

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Vivinavi Los Angeles
California Paid Family Leave

Problem / Need advice
#1
  • family leave
  • mail
  • 2022/05/24 05:35

I would like to apply for California Paid Family Leave, but I have a question for those who have applied for it by getting a signature from a doctor in Japan. I would like to apply for California Paid Family Leave, but I would like to get a signature from a doctor in Japan. I would appreciate it if anyone has any experience with this.

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#2
  • 知らなかった
  • 2022/05/25 (Wed) 04:15
  • Report

I didn't know ！ that you are also applying for a family member in Japan who is sick.

Thank you.

I don't have an answer for you, but I hope that your family's situation will be better.

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#3

I think you need the license number. I was told before to include it even if you are in another country.

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Vivinavi Tokyo
Bioral Shinjuku Marui Store

Food / Gourmet
#1
  • coco
  • mail
  • 2022/05/27 12:25

Biolal is now open at Shinjuku Marui Main Bldg.
They seem to have organic and healthy foods.

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Vivinavi Kusatsu
Gulliver Kusatsu Minami

Free talk
#1
  • めいこ
  • mail
  • 2022/05/27 11:55

Gulliver Kusatsu Minami Store will open on June 11 ！ It will be the largest in Shiga Prefecture.
https://221616.com/shop/shiga/kusatsushi/G01363/

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Vivinavi Saitamashi
Saitama Rengou

Food / Gourmet
#1
  • 倫
  • mail
  • 2022/05/27 11:32

Ecute Ueno
May 16th(Mon) ～ June 5th(Sun)

Sogo Omiya
May 28th(Sat) ～ June 6th(Mon)

Sayama Shincha × Zunda An Bread is now available for a limited time. ！
It's the season of new tea.

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Vivinavi Sapporo
Hokkaido Beef VS High Quality Fish ！ Teppan Teppan with Hokkaido Beef and Hokkaido Shinpugu (blowfish) ・ Robata Grill ！

Food / Gourmet
#1
  • みみ
  • mail
  • 2022/05/27 11:28

Asayotei
Until August 31

They can enjoy Hokkaido's meat, scallops and other specialties in a buffet style.

https://asp.hotel-story.ne.jp/ver3d/planlist.asp?hcod1=73150&hcod2=001&mode=seek&c2plan=9004&clrmode=seek&hidmode=select

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Vivinavi Sapporo
Ru Vin CANVAS

Food / Gourmet
#1
  • なつみ
  • mail
  • 2022/05/27 11:24

An event to enjoy Hokkaido will be held on June 18.
The Royal Park Canvas Sapporo Odori Park

Wine tasting in a stylish place, great!

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