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Retirement Calculator: Japan

Project your retirement savings year by year, in today’s money after inflation, with the income a 4% withdrawal supports and your financial-independence age.

Reviewed by CentExactRates effective 1 sourceCalculated in your browser. Shared links include inputs.

Japan: low assumed inflation, and a pension you can defer

The kosei nenkin and kokumin nenkin provide most Japanese retirement income and are not modelled here. The public pension is payable from 65, with deferral available to 75, and that deferral is a real lever: putting the start date back raises the monthly amount permanently, which is the one decision that can shrink the portfolio you need without saving another yen. If you plan to defer, the income this page has to produce is larger in the gap years and smaller afterwards.

Japan also carries the lowest assumptions on the site, and that changes how the chart behaves. The defaults are a 5% nominal return and 1% inflation, a real return of 3.96% a year, which is not far off countries assuming much larger nominal numbers, because inflation is doing so much less damage here.

The visible consequence is that the nominal and today's-money lines stay close together. Over 35 years, 1% inflation divides a balance by 1.42; at the 5% some countries on this site assume, the divisor would be 5.52. Elsewhere the gap between the two lines is the whole story. In Japan it is narrow, and almost all of the result rests on the return assumption instead, which is the number to stress-test.

For how the calculation works, the formula behind it and what it leaves out, see the full guide. For help interpreting a result or comparing it with a quote or statement, read the questions and answers.

Data sources

Japanese consumer finance conventionsJapan Pension ServiceWithin its effective period

Every document each dataset was read from, its notes and how the figures were checked are listed in the guide's data sources.

This calculator in other countries

Each country has its own rates, thresholds and rules, and its own page that runs the calculator on them and cites the official sources they came from.

CentExactCalculator publisher

CentExact publishes the calculation method, worked examples and available data sources. Automated checks cover reference calculations; they do not certify a result for your circumstances or imply approval by a lender or tax authority.

How we build and test our calculators

This calculator is for general information only and is not financial advice. Results are estimates based on the figures you enter and the stated formula; lenders and providers may round or calculate differently. Check any decision with the institution involved or a qualified adviser.