Japan's public pension system is not enough to sustain people's livelihoods anymore in a rapidly aging society, a government report said Monday.A council at the Financial Services Agency estimated that a couple who will live until 95 years old will need at least 20 million yen ($184,700) after retirement, more than their pension benefits can cover.It therefore called on the public to take greater charge of their finances to plan for their retirement by proactively managing and investing their assets.The new call means that individuals will take on more risk than in the past when planning th…READ FULL ARTICLE
