Korean Journal of Human Ecology (한국생활과학회지)

Korean Association of Human Ecology (한국생활과학회)
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Capability of Retirement Planning and Implementing and the Influencing Factor

우리나라 소비자의 은퇴설계실행능력과 영향요인

  • Kim, Jung-Hyun (Research Institute of Human Ecology, Seoul National University) ;
  • Park, Joo-Yung (Dept. of Consumer's Life Information, Chungnam National University)
  • 김정현 (서울대학교 생활과학연구소) ;
  • 박주영 (충남대학교 소비자생활정보학과)
  • Received : 2013.01.16
  • Accepted : 2013.02.19
  • Published : 2013.02.28
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Abstract

The purpose of this study is to examine the factors affecting on CRPI (capability of retirement planning and implementing) and to identify the critical point of financial factors to increase CRPI. 908 Korean individuals' data were used for descriptive statistics, t-test, F-test, and Generalized Linear Mixed Model Analysis. As a result, CRPI was influenced by attitude toward retirement planning, gender, income, and propensity to save. Some mid-group did not make a significant difference in CRPI compared to the lower-group. Men were more capable at CRPI than women in terms of sense of independence and getting a consulting service. Most consumers appear to have difficulty in calculating their retirement fund. People who have income over 3,000,000 won have dramatically greater CRPI than people who have income under 3,000,000 won. And people who have saving ratio over 23% have significantly greater CRPI than people who have propensity to save under 23%. The monthly income 3,000,000 won and propensity to save 23% were considered as critical points related to CRPI.

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