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http://dx.doi.org/10.7465/jkdi.2017.28.3.525

A study on the features for the old age preparations in Korea  

Park, Dong In (Department of Statistics, Kyungpook National University)
Cho, Kil Ho (Department of Statistics, Kyungpook National University)
Publication Information
Journal of the Korean Data and Information Science Society / v.28, no.3, 2017 , pp. 525-532 More about this Journal
Abstract
Recently, there shows a trend in Korea that the rate of the population entering into aging is the most rapidly increasing among the OECD countries. Consequently, This study, therefore, aims at analyzing the forms of portfolio establishment by group, the factors affecting the old age preparation, and the presence of middle-aged households' preparation for the old ages in order to forestall social problems like the poverty ration of elderly that have been caused by the rapidly aging society. The result shows that the portfolio for the old age preparation can be expanded if a combination product of finance and real estate is developed as a means of old age preparation. Upon the results of the study above, it can be seen that the old age preparations differ according to not only the demographic elements, but also the extent to how much resources one holds. Especially, the various factors affecting the holding resources vary householder by household depending on whether they prepare for the old ages or not.
Keywords
Asset; deposit; middle-aged class; old age preparations; retirement;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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