Title: The Deference of Awareness, Planning, and Preparedness for Future Money Goals of Japanese Consumer
Wednesday, November 15th, 2017
In the arena of financial planning, it is believed that the best savings method is to divide into several accounts according to the financial goals. Moreover, retirement planning should be started as early as possible so that the time value of money can be taken advantage of. When do consumers in Japan start saving for retirement? This study examined their awareness, planning, and preparedness for future money goals using the Financial Literacy Survey 2016 conducted by the central council for financial services information in Japan.