Tag: retirement income
Introduction In some ways, the Japanese system is not unlike that of other industrialized countries. This is not surprising in so far as Japan, once it opened to the west in the nineteenth century, made a point of learning from the western countries. Moreover, although a full public pension system was not properly established unt…
Abstract The aim of this paper is to compare baby boomer retirees with previous generations on their overall level, distribution, and composition of family income and on the adequacy of this income in maintaining their economic well- being in retirement. To do this we use projections of retirement income from the Social Security Administration’s Modeling…
