Over 75s top 15% of Japan's population for 1st time

Also hitting record highs this year were the over 65s, or seniors, accounting for 29.1 percent of the population, or 36.27 million people

While productive age group in Japan count 75 million, so for two pension payer they need to pay for pension person more and less.

For the first time, Japan's over 75s account for over 15%…

That’s a pretty good golf score… Oh, you’re talking about people! Never mind.

For the first time, Japan's over 75s account for over 15%…

For the first time, Japan's over 75s account for over 15% of the population...

The current pension scheme is looking less and less attractive to young people.

I’m not counting on a pension which currently is about ¥65000 a month. By the time I retire it will probably be ¥20000 a month.

I'm noticing Doctors and the like are talking to my MiL about various surgeries {she's aged 87 years } as future problems could pop up.

So , I dont know if that is a good thing {prolonging life } but if you want to keep on keeping on, Japan is the place to be.

Nice, now you understand why I don't believe that digital currency, skin chips, etc. will be implemented in Japan.

The society is just too old, and won't understand how to more and more electronics.

I think Oswald Spengler put it best: Once people start weighing up the pros and cons of having children, that society is dying.

"over 65s, or seniors, accounting for 29.1 percent of the population, or 36.27 million people"

That in-country group of retirees is about as large as the entire population of Poland!

Nearly 20% of the population of Japan is over 75 years old while only 14% is 14 and under.

The number of over-75s is about the same as the entire populations of Sweden and Portugal combined.

Scary numbers.

When I first came to these shores 30 years ago this topic was always in the news,yet what did they do about it?

Yeah,you guessed it......they kicked the can down the road as always.

My daughter graduated from Waseda this year and is working for herself,I implored her never to pay anything into the government pension scheme since it will be almost worthless pretty soon especially with the way the yen is going.

In addition she won't be staying in Japan much longer so an even bigger reason not to pay into the financial abyss.

While productive age group in Japan count 75 million, so for two pension payer they need to pay for pension person more and less.

Over half of 65-70 year-olds are working, therefore 'productive'. If you work, you don't draw (full) pension, and you continue to pay in, including for aged care. So, it's not exactly like you put it @sakurasaki. Even so, the numbers are scary!

I could see myself as an early retiree, or part-time worker in Japan, but yes @ssrp, the prospect of being a helpless and frail very elderly person in a care home here is a bit scary.

The whole planet has a demographic collapse due to the 2 generations of globalization. Japan is actually well placed to survive it due to our wealth, position, military, and social structure.

Maybe ;)

Historically there has been and, contemporally there is great respect for the old in China and Japan and other oriental societies. This can mean only one thing: a good thing because, Action without Insight is a terrible thing.

(Wolfgang Goethe).

Might as well enjoy yourself as much as possible based on your own circumstances, because it all looks pretty depressing for the human race!

Japan self destructing because a whole generation put other concerns before reproduction. No society or civilization can survive like this. Japan is one of the most advanced nations on earth. For the vast majority of people theres just no excuse. Reproduce or fade into oblivion.

A society without young people is one without a future. Japan needs to prioritize sorting this out above all else.

Give it a few years and itll be like a treasure hunt for any young uns left living here. Exploring the delapidated shacks and recovering the wads of cash hidden under old mattresses.

In 15 years Japan might be really awesome

100%

I’m not counting on a pension which currently is about ¥65000 a month. By the time I retire it will probably be ¥20000 a month.

By the time you retire, 20,000yen will get you two conbini cup noodles and a litre bottle of pocari sweat.

Japanese pensions are already miserable (probably the lowest among the G7 countries).

I don’t want to imagine people life if these pensions get even lower due to the aging of the population.

An advice for young people thinking about making Japan their home. Think twice or save a lot because otherwise your retirement years will be just surviving. I love the country but this is a major problem.

Japanese pensions are already miserable

That's the state pension - the one the never-paid-a-penny-in full-time housewives get.

If you're employed, your employer should provide a corporate pension in addition to the state pension, that will bring your silver income up to anything from liveable to very comfortable (depending on who you work for).

If you're self-employed, you need to arrange a private pension (there are lots of schemes to choose from), and don't forget to claim the premiums on your taxes.

Over half of 65-70 year-olds are working, therefore 'productive'.

They need to work to keep afloat. Not all but some of the jobs they are allowed to do aren't very productive and can be automated if you ask me. Example: "security" guard, guiding traffic in a parking lot,

And then there are jobs that are extremely helpful and productive but underpaid in my opinion like janitor work, etc.

Cleo

I was speaking about the kokumin + kosei nenkin which is received by employees working for a company. This has a ceiling of 230,000 JPY even if you have a very high salary.

Corporate pension is something only paid by large companies which represents a small part of companies. In addition you need to work all your life in the same company to receive it. This is one of the reasons a lot of people stay in the same company for all their life. This case is pretty rare for foreigners.

Rakuraku is on point. Ventures don't have this anymore and many SMEs don't include this as a benefit if they are chu-to.

They have had SO much time to deal with this, but the easiest ways are the quickest ones shot down here because some would rather Japan sank completely than its values and traditions be watered down or disappear with immigration (even though the opposite would be true).

Wow that will put a BIG STRAIN on the government and the pension system. If I were a young couple or perhaps single I would really start looking into this and saving because looking at these percentages the numbers will continue to grow and the youth today have no real skills. The future doesn't look too bright. THe best thing to do would be save, and invest because the numbers suggest hard times ahead.

Over 75s top 15% of Japan's population for 1st time

you need to work all your life in the same company to receive it.

Nope. Mr. cleo changed employers a few times during his working life, and his pension was carried over from one company to the next.

Larr Flint

30% of the population is 65+ and within 10-20 years 40% of the population should be 65+

I don't see a bright future for Japan.

That's because post-war babyboomer are at this age. Once they are gone, the population between young and old will become relatively more balanced compare to the present situation.

Jexan:

At this rate Japans population will fall below 100M by 2050.

The population of UK is 67M. Japan's population is 125M. The area of UK and Japan is about the same (Japan is little larger but mostly forest and not inhabitable).

Japan is overpopulated. 70M is probably a good population size for Japan.

Let’s say the age of accountability is 12, all people around the world 12 years and younger will all be gone after the rapture. This will mean that the people left behind will be the last generation and will go through the pierce anger and wrath of God.

A society without young people is one without a future. Japan needs to prioritize sorting this out above all else.

Think about, anything done now wouldn't bear any fruit for another 20 years. This needed fixing in the 90s or 00s.

There's literally nothing they can do apart from let in millions of immigrants...