Japan household savings peak in 60s at 28.43 million yen

According to the 2025 Household Survey report from the Ministry of Internal Affairs and Communications, average savings in Japanese two-or-more-person households follow a rising curve based on age. Savings averages increase from 9.94 million yen for those under 40 to a peak of 28.43 million yen for those in their 60s, before dipping to 24.71 million yen for those aged 70 and older. However, the median savings for all households remains lower at 12.64 million yen.

Data for the 50s age group highlights specific financial pressures. While the average savings for two-or-more-person households in this bracket is 17.56 million yen, working households face a different reality. For these specific groups, the average savings of 13.76 million yen is nearly offset by an average debt of 13.84 million yen, resulting in a net savings deficit of 80,000 yen. This financial strain is often exacerbated by peak education costs for children and ongoing mortgage obligations.