TOKYO -- A growing number of elderly people are falling into poverty, unable to pay off their mortgages with their pensions and savings. Over the past 20 years, the age at which home loans are expected to be fully paid off has risen by five years to 73. Click here for a visual presentation about this increasingly serious trend.
Japan's seniors trapped in mortgages, cannot pay off until age 73
Nikkei analysis shows growing number of elderly are falling into poverty