実践ガイド
積立型と分配型
これは思想ではなく、人生の段階とキャッシュフローの選択です。
重要ポイント
- 積立型は再投資
- 分配型は現金を受け取る
- 投資家の段階が重要
- 税務と手間も影響
The real difference
With accumulation, dividends stay inside the fund and are reinvested.
With distribution, you receive periodic cash and then decide whether to spend it or reinvest it.
When accumulation fits
Usually during the capital-building phase, when the goal is long-term growth with fewer decisions.
It also reduces the number of operational choices you have to make.
When distribution fits
It can make sense when you want regular cash flow, for example during decumulation.
You still need to evaluate tax impact and the sustainability of the full plan.
次にすること
Define your phase: building capital or seeking cash flow. Once the why is clear, the product choice becomes simpler.