This article examines the retirement age in Japan, how it is determined, and what impact raising the retirement age could have on Japanese society. The official retirement age in Japan is currently set at 60 years old for both men and women, although there are some exceptions depending on an individual’s job or occupation. Factors such as economic conditions and workforce demographics affect retirement age in Japan, with employers often having to raise the retirement age to maintain their workforce size and ensure long-term financial stability. Raising the retirement age has had both positive and negative impacts on Japanese society, including increased competition among younger workers for jobs as well as increased financial stress among seniors who now need to work longer than expected before being able to retire comfortably. The article also discusses the social security system in Japan which is largely based around pensions funded by employee contributions from payroll deductions as well as employer contributions from businesses with five or more employees.