【FP3級試験対策講座】✧Day4✧ライフプランにおける資金計画

Summary

This video script, presented by Sakurada, offers an educational overview on financial planning for life's major expenses, focusing on education, housing, and retirement funds. It discusses various methods to prepare for educational costs, such as child insurance with savings and protection features, public and private education loans, and scholarships. The script also covers housing loan options, explaining fixed-rate, variable-rate, and fixed-variable-rate loans, as well as repayment methods like equal principal and interest versus equal principal. Additionally, it introduces the Flat 35 loan program, a long-term fixed-rate mortgage, and concepts like advance repayment and loan refinancing. Lastly, it touches on retirement funding sources, including severance pay, pensions, savings, and the importance of planning for post-retirement living expenses.

Takeaways

• 📚 The video is a part of a financial planning lecture series focused on life planning, specifically addressing the three major financial needs in life: education funds, housing funds, and retirement funds.
• 🏫 Education funding can be prepared through three methods: child insurance (also known as educational savings insurance), educational loans (both public and private), and scholarships.
• 🔒 Child insurance offers both savings and protection features. It allows for the accumulation of funds and provides coverage in case something happens to the policyholder, waiving future premiums.
• 💼 Public educational loans, known as 'Education General Loan' in Japan, offer low-interest rates with a repayment period of up to 15 years, and can be used for a wide range of educational expenses.
• 💰 Scholarships are categorized into two types: non-repayable grants and repayable loans. The Japan Student Services Organization (JASSO) offers scholarships with varying conditions and interest rates.
• 🏠 Housing funds are typically prepared through housing loans. The script discusses the importance of understanding interest rates and repayment methods when taking out a housing loan.
• 📈 Interest rates for housing loans can be fixed, variable, or a combination of both. The choice between fixed and variable interest rates depends on the borrower's risk preference and market conditions.
• 💡 Repayment methods for housing loans include equal principal and interest repayment, where the total monthly payment remains constant, and equal principal repayment, where the monthly payment decreases over time.
• 🔑 The 'Flat 35' loan is a long-term fixed-interest housing loan provided by private financial institutions in collaboration with the Japan Housing Finance Agency, with a maximum loan amount of 80 million yen and a repayment period of up to 35 years.
• 🚶‍♂️ The script also touches on the concept of 'advance repayment' for housing loans, which allows borrowers to pay more than the scheduled amount if they have extra funds, potentially reducing the total interest paid.
• 👴 Lastly, the video discusses retirement funds, emphasizing the importance of planning for post-retirement living expenses through savings, pensions, and possibly part-time work if necessary.

Q & A

What is the main topic of the video script provided?

The main topic of the video script is about financial planning in life plans, specifically focusing on how to prepare for the three major expenses in life: education funds, housing funds, and retirement funds.

What are the three major expenses in life referred to as?

The three major expenses in life are referred to as 'the three big financial burdens' which include education funds, housing funds, and retirement funds.

What are the three methods mentioned for preparing education funds?

The three methods for preparing education funds mentioned are child insurance (also known as educational savings insurance), educational loans, and scholarship systems.

What are the features of child insurance according to the script?

Child insurance features both a savings function, where a fixed insurance premium paid allows for receiving a maturity insurance payment or celebration money for events like study abroad or further education, and a protection function, which waives future insurance payments if the policyholder (usually a parent) passes away but guarantees the continuation of the policy.

What is the maximum loan limit for public educational loans in Japan?

The maximum loan limit for public educational loans in Japan is 3.5 million yen per student, with a condition that it can be up to 4.5 million yen under certain conditions such as for students commuting from outside their home, attending university for more than five years, or going for overseas study after meeting certain requirements.

What are the uses of public educational loans in Japan?

Public educational loans in Japan can be used for a wide range of expenses including tuition fees, entrance examination fees, living expenses, textbook fees, material fees, computer purchase fees, and national pension insurance fees for students.

What are the two types of scholarships provided by the Japan Student Services Organization (JASSO)?

The two types of scholarships provided by JASSO are the non-repayable grant type and the repayable loan type. The repayable loan type is further divided into two categories: the first type with no interest and the second type with interest.

What is the condition for the repayable loan type with no interest from JASSO?

The repayable loan type with no interest from JASSO has strict eligibility criteria based on academic performance and family income, which are more stringent compared to the interest-bearing second type of scholarship.

What are the two types of repayment methods for housing loans mentioned in the script?

The two types of repayment methods for housing loans mentioned are the equal principal and interest repayment method and the equal principal repayment method.

What is the 'Flat 35' housing loan system?

The 'Flat 35' is a long-term fixed interest rate housing loan system provided jointly by private financial institutions and the Housing Loan Support Institution, offering a fixed interest rate for up to 35 years.

What are the benefits of the 'Flat 35' housing loan system?

The benefits of the 'Flat 35' housing loan system include a fixed interest rate applied at the time of loan execution, a loan amount up to 100% of the purchase price, no need for guarantors or guarantee fees, free advance repayment fees, and the possibility for parents' housing loans to be inherited and repaid by their children or grandchildren.

What are the sources of funding for retirement life mentioned in the script?

The sources of funding for retirement life mentioned are severance pay, pension, and savings. If these are insufficient, one may need to work part-time or find other means to earn a living.

What is the estimated amount of savings needed for retirement according to the script?

The estimated amount of savings needed for retirement is based on the calculation of 70% of the pre-retirement living expenses for couples and 50% for a single spouse, multiplied by the average number of years until the average life expectancy.