Good NYT article on/by/about retirees

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Tsumitate Wrestler
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Re: Good NYT article on/by/about retirees

Post by Tsumitate Wrestler »

Max wrote: Mon Jul 15, 2024 9:15 am Interesting read, but now I would like to see a similar article relating to "foreign" retirees in Japan.
Assuming you have a stable residency, there is nothing special about being a foreigner in Japan retirement wise. {American folks aside}

Video: Japanese Nationalhttps://www.youtube.com/watch?v=CFI43f9J9-g&t=0s
Article https://asia.nikkei.com/Spotlight/Work/ ... n-10-years
Article https://www.japantimes.co.jp/community/ ... s-finance/

Cliff notes: The system will absolutely allow you to fail , and there is not much of a safety net to catch you. Make sure to have a plan.
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Re: Good NYT article on/by/about retirees

Post by Max »

Not a question of us being special or not, but it is certainly different for us in that Japan is not Kansas. I would be very interested to read in-depth profiles of how people here spend their retirement, beyond TV, gateball, picking up litter, and hanging out in shopping malls.
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Re: Good NYT article on/by/about retirees

Post by Tsumitate Wrestler »

Max wrote: Mon Jul 15, 2024 9:55 am Not a question of us being special or not, but it is certainly different for us in that Japan is not Kansas. I would be very interested to read in-depth profiles of how people here spend their retirement, beyond TV, gateball, picking up litter, and hanging out in shopping malls.
It would depend on the income-bracket. Per the Nikkei article, the answer is that a lot of people are still working, if they are able bodied.
In 2022, 52% of Japan's population ages 65 to 69 participated in the labor market, according to data from the Organisation for Economic Co-operation and Development, the highest of the 37 countries with data available. The rate in the U.S. was 33%, the U.K. 26% and Germany 20%.

Among people 70 to 74, the rate in Japan was 34%,
Personally, I would be taking courses at a public uni on the cheap if I was retired, and fluent enough. That and domestic travel. Make my way down list of the best classic literature, and nebula/hugo winners. Play some of the those classic games that I never got around to due to the kids etc.
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Re: Good NYT article on/by/about retirees

Post by captainspoke »

Quite the contrast there between the Banner 'advisor', and the RJ founder.
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Re: Good NYT article on/by/about retirees

Post by Tsumitate Wrestler »

captainspoke wrote: Mon Jul 15, 2024 10:23 am
Quite the contrast there between the Banner 'advisor', and the RJ founder.
I mean their selling point is that it is TOO complicated for you, better let an expert handle it. While I am at it, why don`t you give me all you funds, and I will return market rate -1% if you are lucky.

The best financial advisers admit that in most circumstances hand holding, and panic counciling in a crash/correction are their most important jobs. .
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Re: Good NYT article on/by/about retirees

Post by RetireJapan »

captainspoke wrote: Mon Jul 15, 2024 10:23 am Quite the contrast there between the Banner 'advisor', and the RJ founder.
I've had a number of coaching clients who had dealings with that person... :?
English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
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Re: Good NYT article on/by/about retirees

Post by captainspoke »

Max wrote: Mon Jul 15, 2024 9:55 am... I would be very interested to read in-depth profiles of how people here spend their retirement, beyond TV, gateball, picking up litter, and hanging out in shopping malls.
I don't go to shopping malls, but do cruise a home center now and then (the part with all the lumber, power tools, and that kind of thing). Could that be a 'guy' kind of thing? ;) I have apple TV, and have watched a couple things, and while I like what I've seen, can I also say how much I hate the friggin' little remote that came with it? I'd watch more if it wasn't for that.

Especially during the last ten years or so of my working life, I had a really easy job. Max of 6 classes a week, sometimes only 4 or 5. So it's not like work was my whole life and suddenly it was gone. More like I was doing a minor amount of work, and then that stopped. And I just continued on doing the rest of what I was doing.

I stay physically active with some cycling. This is a fair weather sport for me--I don't like riding in rain or wet. Winter is okay if it's dry, and early winter where we are can sometimes have crystal clear air/views. I used to ride more, but nowadays it's 90-120min when I'm out. Sometimes I push (I used to be speedster), sometimes more casual. A perfect schedule would be every other day, but with weather, I take what I can get. Eg, today is the 15th, and garmin tells me I've been out seven times this month. I get up early, and am often on a bike by 05:30-05:45. When I get back, there's the shadow work of riding--cool down, liquids, then a shower, start the laundry, eat, and chill a little (recovery). On days I ride, that shadow work is another hour or two.

I know some folks along the way, since I use the same riverside path almost all the time (it's safe, and flat), and tho it may seem odd, I think of it as my neighborhood--tho stretched out long and thin like spaghetti. There are a number of 'regulars' out, and I sometimes stop or slow to chat. One fellow, Nakamura-san, has been a fixture at on spot for 10-20yrs. He used to be part of the trash police, but has given that up. He's 89, and still going strong--still does radio-taiso with a big group at one of the bridges, and also some weed cutting. He's introduced me around to people in that group. There are some gateball groups, but I've never interacted with anyone like that.

I really really enjoy being out in the early mornings. The sky, it's quieter and fresh, no bugs, no wind, a really great time of day. These days in one spot--exactly where they come back to every year, the Ao-sagi are almost finished nesting, squawking away and flying around a little. Another couple weeks and they'll be gone till next year.

Not always, but I sometimes nap a little after lunch. And if not true napping/sleep, at least I 'close my eyes a little' while relaxing/laying on the sofa/couch. Sometimes with some TV news on, usually not (I prefer to read rather than watch).

My wife and I frequently eat breakfasts and lunches on our own, and we share the evening cooking. I might say I do more than half of that, and sometimes I do. But sometimes I don't. I cooked today and yesterday, she'll cook tomorrow. I do shop and do my own shopping for when I cook, but even when my wife is cooking, I'll get the heavy stuff--milk, yoghurt, beer, etc.--and she'll get the rest, the fixings for what she's going to make.

My wife stays 'busier' than I do. Scheduled stuff--she has a company and tutors online a little, files the blue form, and does all the bookkeeping for that. She also plays shamisen, and is in her own group, takes lessons, helps others with their projects, goes to competitions, and so on. (Like a sumo wrestler, she has her own 'name' as a shamisen player.)

She manages our weekly zoom with our kids/grandkids. She chats more with one daughter (it's like they've got a two-person reading club), but we both generally read a book or two for the grandkids--she goes to the local libraries for books, I scrounge a PDF or two to use via screen sharing.

I have some photography equipment (not only a good phone--and phones are excellent tools). I also have a decent camera and a few lenses, and try to do a little photography. I've joined a group or two over the last few years, but have never been very satisfied with them (going to try another on Wednesday eve). Decades ago I was into it, film at the time (did ny own processing), then grew away from it, and now, seemingly back to it. There are 'shows'/exhibitions (varying quality) from around town to a little farther away, and I'm plugged into that and try to make the rounds to those and talk to whoever is willing to chat at those.

I'm 72. At least on a bike (I still have three), I'm feeling my age and am slowing down. But I then also think that may be more due to an accident a few years ago and some separate medical stuff more than age. Here's a fast ride (yesterday, road bike), and a slow one (today, my 'rain bike'/clunker).

blah, blah, blah...
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Re: Good NYT article on/by/about retirees

Post by AreTheyTheLemmings? »

captainspoke wrote: Mon Jul 15, 2024 11:53 amThese days in one spot--exactly where they come back to every year, the Ao-sagi are almost finished nesting, squawking away and flying around a little. Another couple weeks and they'll be gone till next year.
What is it with aging and birds?! I had no interest in birds until recently, and now I get all giddy at every sighting of a kite, heron, white-eye, whatever. White-eyes resting in our apricot tree leave me buzzing for days. Even the nesting swallows and crows are enough to make me stop and gaze.
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Re: Good NYT article on/by/about retirees

Post by Max »

Thanks for that interesting read, Captain. I am glad you seem to lead a rewarding existence. I am particularly concerned with the social side of thngs. Working out, walking, reading, studying are all great. but tend to be pretty solitary. I am really quite concerned at the prospect of spending my retirement bored out of my mind, with few people to interact with on more than a superficial level.
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Re: Good NYT article on/by/about retirees

Post by beanhead »

Max wrote: Tue Jul 16, 2024 1:44 am Thanks for that interesting read, Captain. I am glad you seem to lead a rewarding existence. I am particularly concerned with the social side of thngs. Working out, walking, reading, studying are all great. but tend to be pretty solitary. I am really quite concerned at the prospect of spending my retirement bored out of my mind, with few people to interact with on more than a superficial level.
Sounds like you didn't read this thread:

viewtopic.php?t=1541

One of the better ones on the forum. Many others have similar concerns to you, including our venerable leader, OG RJ himself.
Aiming to retire at 60 and live for a while longer. 95% index funds (eMaxis Slim etc), 5% Japanese dividend stocks.
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