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Marketing yourself after the age of 55

Let me share a case study of a highly capable businessperson (54 years old, annual salary of 10 million yen).

It is said that one’s annual salary decreases in proportion to age as shown below.
55-60 years old: 8 million yen
60-65 years old: 4 million yen
65-70 years old: 3 million yen (pension)

Ideally, you should aim for an annual salary of 8 million yen (net 6 million yen) between the ages of 60 and 65. To achieve this end, you ought to consider the five-year period from 55 to 60 years old as a preparation period. It is crucial to take steps such as earning income from a side job in addition to your current salary which is paid on the 25th of each month or by taking an objective look at how you can market yourself going forward.

Suppose you earn a net salary of 6 million yen between the ages of 60 and 65, you will l be able to maintain your present earnings even after you turn 65 by working three days a week while receiving the pension.

I encourage you all to backcast from 70 to 55 years old and start taking steps to expand your future possibilities.

K. Yumiyama

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