...I have no idea what will happen.
Or so I believe, based on extrapolating current reality out twenty years. If nothing changes, 800,000 yen a year for sixteen years with compound interest is likely to be worth between 15 and 20 million yen. She'll probably be able to receive around 50,000 yen a month in dividends alone at that point. Pretty cool, especially as the principal should keep growing.
The thing is, my perception of technological trends (automation, artificial intelligence, distributed manufacturing, genetics, etc.) leads me to believe that 2032 is going to be very different from today. It is quite possible that the same rules won't apply.
Will we have a basic national income here in Japan? Will the tax system be the same? How about stock ownership?
On the other hand, if I think back 20 years, 1996 wasn't so different from today. Okay, we have smartphones now, but I can't think of any other major differences in daily life. Maybe 2032 isn't going to be so different after all.
Either way, I still think a Junior NISA account for my granddaughter seems like a good idea.
How about you? Are you going to open Junior NISA accounts for your children? Do you think the world will be greatly changed in twenty years' time?