To me the biggest failure is that too many elderly people are cleaning tables at food courts or washing public toilets instead of playing with their grandchildren at home.
In worse cases, they collect used cardboards for sale or sleep in street corners.
Retirement age is 65 and the government has said it wants to raise it to 69.
But, an extensive practice of bosses replacing workers once they reach 50 with younger, cheaper people – particularly foreigners – has made retirement age a bit redundant. Full story