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Sub-Title: In a society where living to 100 is becoming relatively common, Japanese retirees must carefully manage their "golden years" over many decades.
Longevity risk is not a theoretical exercise in Japan. Developing an accurate estimate of the amount of money one will need to live comfortably in retirement is relevant everywhere, especially in the context of what is known in Japan as "the age of living to 100," or jinsei hyakunen jidai (人生100年時代).
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Real Gaijin | Read My Lips Podcast #6