According to a survey conducted in January 2021 among senior citizens in Japan, close to 55 percent stated that they had built up savings and deposits before they reached fifty to prepare financially for old age. Almost a quarter of the respondents joined private pension plans.
Actions taken to financially prepare for old age among senior citizens in Japan as of January 2021
Characteristic
Share of respondents
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excluding persons who live in facilities; multiple answers allowed
Method of interview
Postal questionnaire
Supplementary notes
"Original question: "Did you (and your spouse or partner, if any) do anything in particular to prepare for financial life in old age before you reached fifty?"
The source used a stratified two-stage random sampling method.
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Cabinet Office Japan. (June 11, 2021). Actions taken to financially prepare for old age among senior citizens in Japan as of January 2021 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1308985/japan-measures-financial-preparedness-old-age-elderly/
Cabinet Office Japan. "Actions taken to financially prepare for old age among senior citizens in Japan as of January 2021." Chart. June 11, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1308985/japan-measures-financial-preparedness-old-age-elderly/
Cabinet Office Japan. (2021). Actions taken to financially prepare for old age among senior citizens in Japan as of January 2021. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1308985/japan-measures-financial-preparedness-old-age-elderly/
Cabinet Office Japan. "Actions Taken to Financially Prepare for Old Age among Senior Citizens in Japan as of January 2021." Statista, Statista Inc., 11 Jun 2021, https://www.statista.com/statistics/1308985/japan-measures-financial-preparedness-old-age-elderly/
Cabinet Office Japan, Actions taken to financially prepare for old age among senior citizens in Japan as of January 2021 Statista, https://www.statista.com/statistics/1308985/japan-measures-financial-preparedness-old-age-elderly/ (last visited August 24, 2024)
Actions taken to financially prepare for old age among senior citizens in Japan as of January 2021 [Graph], Cabinet Office Japan, June 11, 2021. [Online]. Available: https://www.statista.com/statistics/1308985/japan-measures-financial-preparedness-old-age-elderly/