20% of Japanese Elderly Supporting Offsprings’ Living Costs (News)
Tokyo, June 16 (Jiji Press)—Some 20% of Japanese people are supporting the living expenses of their children or grandchildren even after the age of 60, a government survey showed Friday.
The survey also showed that over 60% of the elderly are not worried about their own economic livelihood.
The results were published in the government's annual white paper on aging society, adopted at a cabinet meeting.
The Cabinet Office conducted the survey in June last year on some 3,000 people aged 60 or older. About 2,000 people gave valid responses.
Of the respondents, 20.2% had an average monthly income, including pension money, of less than ¥100,000, while 32.9% earned at least ¥100,000 but less than ¥200,000. Those making ¥200,000 or more accounted for 44.3%.[Copyright The Jiji Press, Ltd.]