Translation guide
An annuity is a financial product that provides a series of regular payments, often used for retirement income. In Japanese, the most common term is 年金 (nenkin), which covers both public pensions and private annuity products. For specific financial instruments, 年金保険 (nenkin hoken) or 終身年金 (shūshin nenkin) may be used.
The broad concept of receiving regular payments, typically in retirement, from a government or private plan.
The standard term for both public pensions and private annuities. It refers to the system or the payments themselves.
老後は年金で生活する。
I'll live on my pension in retirement.
年金制度について学ぶ。
Learn about the pension system.
Specifically refers to annuity insurance, a financial product that provides regular payments, often purchased from an insurance company.
年金保険に加入する。
Take out an annuity insurance policy.
An annuity that pays for the rest of the recipient's life.
An annuity that pays for a specific number of years.
A fixed-term annuity, where payments are made for a predetermined period.
10年確定年金に加入する。
Take out a 10-year fixed-term annuity.
An annuity that starts paying out soon after a lump sum is paid.
An immediate annuity, where payments begin shortly after the premium is paid. More technical term.
即時年金を購入する。
Purchase an immediate annuity.
An annuity where payments start at a future date.
A deferred annuity, where the payout phase is postponed. Technical term.
据置年金を契約する。
Contract a deferred annuity.
年金 (nenkin) often refers to the public pension system. For private annuity products, 個人年金 (kojin nenkin) or 年金保険 (nenkin hoken) is clearer. In financial contexts, specify the type to avoid confusion.
個人年金保険に加入する。
Take out a private annuity insurance.