One thing that Japanese companies have down is how they plan for their employees' retirements. I remember learning about their system in grad school and thinki

One thing that Japanese companies have down is how they plan for their employees' retirements. I remember learning about their system in grad school and thinking I need to move to Japan! But it's been awhile, and I'd forgotten some of the details about how they do it. http://www.becker-posner-blog.com/archives/2005/06/later_retiremen.html http://www.becker-posner-blog.com/archives/2005/06/later_ret... Specifically: The Japanese system where employees past age 60 sometimes work for lower pay at the same company that had employed them would not be possible in the United States and some other countries because of legislation that prohibits alleged discrimination against older workers. The combination of legislation that prevents companies from lowering the earnings of older employees, and of legislation that prevents mandatory retirement in some occupations, creates a major rigidity in the market for older workers. Brilliant. Build a system that rewards workers with retirement, yet subtly place incentives to encourage them to keep working (less). Albeit, they are also working for less $, but at this point, the holistic benefits of having employment probably outweigh the dollar amount.