Japan’s Answer to Its Pension Problems: Invest Like the U.S.

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Worried whether there will still be a state pension when it’s their turn to retire, Japanese are taking courses in planning their financial future

TOKYO—An official report advising Japanese couples to have at least $185,000 of their own savings for retirement has shaken up an election race and triggered a wave of interest in investing in a country where retirees have long counted chiefly on state pensions.

On a recent weekend, a seminar on money management was packed with investment beginners. Mitsugu Kanda, a 28-year-old printing-company salesman, said he was thinking of putting money into stocks to help him accumulate the suggested amount.

 

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work to die

Omg

They should tell them to eat like the US does and then they'll die sooner... problem solved. I want the Nobel

Pension fund begging. If in 2008-2012 you planned to get money out of a pension fund, he suddenly had - for the 100 000 he had put in it, instead of the 400 000 that were available at the end of 2007, just 50 000 at the end. Pension fund = gambling with your pension/savings.

Americans were screwed out of their pensions to pay for executive salaries, prettier balance sheets, and speculative acquisitions. We deserved better, and so do the workers in Japan.

maybe letting in the 345,000 migrant workers to make up for low birth rate and aging population will help ?

As long as the money is in a second house to rent out and not in a pension fund. In 2008-2012 planned to get money out of a pension fund, he suddenly had - for the 100 000 he had put in it, instead of the 400 000 that were available at the end of 2007, just 50 000 at the end.

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