According to a survey on the daily lives and attitudes of the elderly conducted by the Cabinet Office in 2015, nearly 60 percent of the elderly in Japan consider that they do not have enough savings and assets to provide for retirement. This percentage is the highest among countries surveyed (Chart 8).
Meanwhile, the percentage of the elderly in Japan who responded that they had made no special effort to prepare for retirement until they reached 60 years old was more than 40  11  percent, which is also remarkably high compared to other countries (Chart 9).