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The Impact of the Baby Boomers' Retirement in Japan.
(From Journal of Japanese Trade & Industry (JJTI))
Byline: Kono Ryutaro
Japan's baby boomer generation, born between 1947 and 1949, is fast approaching the age of 60. Although this population segment does not really stand out from others in terms of employment habits or consumption/ saving patterns, the fact that it accounts for 5.4% of the entire population, or 6.9 million out of a total population of 126.9 million (National census of 2000), gives it substantial demographic clout. Thus, whenever they go through changes in their lifestyles, the socio-economic consequences are significant.
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