The percentage of people between the ages of 60 and 64 who want to continue working past 65 is about 70%, and the percentage of people between the ages of 65 and 69 who want to keep working past 70 is about the same. If they continue to work as they desire, we can expect a further boost in the labor force.

Does employer really want those oyaji? Try to talk with elders in Japan, they having difficult in listening and most their verbal communication is not easy to understand. Also need to say or explain twice or more about something, mental decline is a real thing.

Mr. Nakamura, are you sure they want to keep working, or they have to keep working due to the almost nonexistent pensions they will receive? Some are lucky enough to have had public servant jobs that will pay out better, but many who use the national pension system will receive an amount that is not livable!

And Japan will get stuck with old world values and work habits.

Yeah but eventually the healthiest people become too frail or forgetful to work. And it should always be optional and not forced by nonexistent retirement prospects.

"If we make life hard enough we can force old people to work until they die, which improves the labor force. Now to repel those pesky child labor laws..."

I am not one of those who wants to work in retirement.

I was a cerified Program Manager.

I realised during retirement how stressful my job was and no way I want to do it again.

I have calls from recruiters offering tons of money and turned down every one of the job offers.

I am happy to live on little retirement money.

Its good that people are physically and mentally still able to work at advanced age. My dad had a trashed back and trashed knees by 62. That was from working as an electrician.

To get the forex equivalent of the UK state pension, which in Europe is famously low, you need to pay into Japanese shakai hoken for 40 years with an average salary of about 11 million a year. That's CEOs, financial lawyers, and pilots only.

One retirement issue not talked about much is that since people are living longer, folks are getting inheritances later and later. Personally, I think a new approach is needed, so that money can flow from old to not so old when they need it. Lots of folks out there will be scrimping, doing side hustles etc. to raise their kids (or forego having them), only to receive a chunk of money no longer as useful to them (and certainly not "live changing") as an inheritance in their sixties or seventies.

MarkX beat me to it. Work should be a hobby at the point of retirement, not a requirement to stay afloat.

But for some reason politicians are able to work past 80, sleep on the job, and still earn like they did in their prime years unlike many private company workers forcing to take a pay cut at 60 despite doing the same work and continuing to work over time.

"The percentage of people between the ages of 60 and 64 who want to continue working past 65 is about 70%, and the percentage of people between the ages of 65 and 69 who want to keep working past 70 is about the same. If they continue to work as they desire, we can expect a further boost."

That's a great idea if it's voluntary and the people still have the faculties of best job performance. I have seen very good professors retire at 65 yet they can give the society much more. Iet them work and abolish income tax after 65.

Replacing "want to",with "have to" would make this quote more believable.

As Paul Weller in the Jam sang, "Work, work, work, work till you die, there's plenty more fish in the sea fry,"

No, nobody want to work pass 65. Heck, nobody really want to work pass 55 actually, except for jobs that gives you satisfaction or self employment.

People want to work because they HAVE TO work, since the pension in Japan is a scam. The Japanese Pension is on pair with 3rd world countries ones, and I wish that was an exagerration.

In any other developed country, people would have flooded the streets in protests, demonstrations, strikes, etc, but not in passive Japan. Here the most used word is "Shoganai" and everybody is docile, overly passive and listens to the government like he is their daddy.

It is really sad actually.

But the government keeps on sending money to the Ukraine and funding military expansion, and then there are the endless white elephant projects. So it is not a question of not having enough money give retirees a comfortable retirement. We need a version of DOGE here in Japan.

'Want to work' or 'Have to work'. There is a big difference, depending on what pittance of a pension you will receive, or how much savings you have managed to save.