Even though Japan’s retirement age is officially being extended to 65, some people still consider retiring at 60. However, early retirement may lead to a decrease in retirement benefits, especially if it’s considered a voluntary resignation. According to government data, the average retirement payment is much lower for voluntary resignations than for official retirement. For those retiring at 60, one of the biggest concerns is how to afford living expenses until they begin receiving pensions at 65. On average, a household with two people in their 60s spends about ¥310,000 per month. Over five years, this adds up to nearly ¥18.7 million. Even if someone receives the full retirement package of around ¥18.9 million, most of it will be used for daily living. After 65, the average monthly pension is about ¥232,000. Since average expenses are around ¥287,000, there is still a monthly shortfall of over ¥50,000. Having savings of ¥20 million may allow a couple to live until about age...