This post is only for people on FIRE journey.
I have worked incredibly hard since I was 15 on my education and landed job in Japan after my university(not Japan). I come from a poor family and funded my education on scholarship so I’m really proud of where I’m today so please be kind as I’m aware many are going through tough times.
I want your view on how my situation looks like and what can I do better.
Net worth: 20M jpy
Breakdown as follows
Savings 2M
Stock investments(nisa incl.) 11.5M
Crypto 1.5M
Ideco 5M
No house. Not married. Started at 4M per year salary in my first job at 22yo. Currently making 13M at a different company(net take home pay 9M and net expense of 5M a year, rest is invested). Job has good work life balance. I’m a data/analytics professional. Educational background of Computer Engineering. I don’t use Japanese at work as I can’t speak business Japanese not can I do kanjis. Enough Japanese to survive n dating the locals.
With this info what path will you take if in my shoes?
I want to FIRE around 40. To reach that when should I buy a house(in Tokyo). Maybe paying off house by 40 is not realistic and also to take initial tax advantage maybe better to keep paying after FIRE for a 20 or 25 year mortgage? Don’t wanna pay beyond 60 yo for sure
I know I should learn more Japanese to improve my quality of life and remove dependency on my wife(if I marry) as I plan to settle in Japan. PR is on the way. May consider citizenship in future. Should I change Job for better pay?( not motivated at the moment as I finally am enjoying my life, but should I?)
Please share your experience/advice on life in general if you can relate somehow. Thanks:)
by gaijin-senpai