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