Buraku wrote:The new generation of Japanese sponge their welfare by investing their Pension and Social Security money overseas in places like Canada and Australia
Nice generations Buraku, but you better go home before you get old in Japan. You'll starve. There is not a hell of a lot of money coming to these oyaji's and baba's through the SS plan and unless they are a major player from a big company they ain't hitting it hard in the private sector on pension dust!
If by investing overseas, you mean moving overseas and retiring, that is happening. But as far as them investing, money charged through taxes and bank fees would negate any merit for investing small retirement amounts abroad.
