- Joined
- Sep 6, 2008
- Messages
- 3,457
Japan's population is declining because few people want to have kids, or at least not enough. Few even want to get married now.
The government has done the Japanese thing and politely asked people to please have more kids, but without changes to lifestyles it won't happen.
There is a pension system here, actually two. One is national and paid into by everyone which is quite small, and a corporate system where your company pays in as well. Drawing on both can give you a fair maintenance allocation. The former cannot be drawn from until 65, the latter at 60, when most companies will forcibly retire you.
The low cost of living makes it possible to survive on the lower allotments and smaller nest eggs.
Up until recently the "common wisdom" was one needed 20,000,000 yen in their retirement to be comfortable. A more reasonable number is double that and more, but it is still a fraction of what you need in the US, especially considering housing and medical costs.
I'm looking forward to the invention and wide deployment of cool robots to take care of the old people.
I remember an old anime in the early 90s that prophesized that going sideways:
The government has done the Japanese thing and politely asked people to please have more kids, but without changes to lifestyles it won't happen.
There is a pension system here, actually two. One is national and paid into by everyone which is quite small, and a corporate system where your company pays in as well. Drawing on both can give you a fair maintenance allocation. The former cannot be drawn from until 65, the latter at 60, when most companies will forcibly retire you.
The low cost of living makes it possible to survive on the lower allotments and smaller nest eggs.
Up until recently the "common wisdom" was one needed 20,000,000 yen in their retirement to be comfortable. A more reasonable number is double that and more, but it is still a fraction of what you need in the US, especially considering housing and medical costs.
I'm looking forward to the invention and wide deployment of cool robots to take care of the old people.
I remember an old anime in the early 90s that prophesized that going sideways: