• Korean Journal of Social Welfare
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• v.60 no.3
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• pp.275-297
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• 2008

The purpose of this study is to analyse economic preparations for aging of the middle and old-aged and their determinants empirically, and then to discuss the findings and implications for the results of analysis. Data from The Social Statistics Survey conducted by Korea National Statistical Office are used in this study. From this dataset, 18,354 Middle and Old Citizens aged between 45 and 59 were selected for this study. The Conceptual framework for this study was based on Andersen's behavioral model and logistic model was used to investigate factors that affect economic preparation for aging. The results of this study can be summarized as follows. First, Proportion of middle and old citizen with no economic preparation for aging was high, and old-aged had lower level of economic preparation for aging than relative less aged. Second, male, education level, marital status, economic activities, recognition of present income, housing ownership, residental location, and total life condition improvement is positively and statistically significantly associated with economic preparations for aging. Third, while male, age, and economic activities is negatively and statistically significantly associated with private economic preparations for aging, education level, recognition of present income, and total life condition improvement is positively and statistically significantly associated with private economic preparations for aging. Fourth, while male, education level, marital status, economic activities, recognition of present income, housing ownership, residental location, and total life condition improvement, expectation of future income is positively and statistically significantly associated with secondary economic preparations for aging, age is negatively and statistically significantly associated with secondary economic preparations for aging.

• The Journal of the Korea Contents Association
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• v.15 no.8
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• pp.313-325
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• 2015

This study aims to address factors affecting economic preparation of the elderly with industrial injury using Andersen model. In addition, it is also to explore differences in accordance with changes in the employment status between regular employees and non-regular employees. The authors analyze Panel Study of Worker's Compensation Insurance(PSWCI)'s 1st wave data in the logistic regression model. The authors found gender and education were related to economic preparation. In addition, earned income, national health insurance and the degree to which pain interferes with daily life and the lives caused by industrial accidents were associated with economic preparation. But national pension was not statistically significant to economic preparation. Based on the findings, the researchers addressed political implications to enhance financial security of injured workers.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.2
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• pp.45-57
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• 2016

This study examined the effect factors for the preparations for the old age on the current satisfaction of life of the middle-aged. A survey of middle aged people living in Seoul and metropolitan areas was conducted. The data from 442 subjects were collected from 450 questionnaires excluding 8 incomplete datasets and analyzed. The results were as follows. First, the emotional and economical preparations for the old age had influences on the emotional satisfaction positively. Second, the educational background, jobs for technician/working, emotional and physical preparations for old age had a positive effect on the physical satisfaction. Third, the household income, emotional and economical preparation for the old age had a positive influence on the economical satisfaction. Fourth, sex, emotional preparations for old age had a positive effect on the social relation satisfaction. The research results suggested that the preparations for the old age should be arranged from the middle-aged years because it is difficult to improve the satisfaction of life for old age in the elderly.

• Journal of Digital Convergence
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• v.12 no.6
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• pp.579-586
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• 2014

The purpose of the present study was to identify the state of financial preparation of the disabled for their old age, and the influence factors on their quality of life. To this aim, the 4th data from the Panel Survey of Employment for the Disabled were used to examine 3,396 subjects of 40 years or older. First, regarding the difference between life satisfaction according to whether or not the disabled were preparing for their old age, the preparing people had higher satisfaction in daily life. Second, the most popular way of financial preparation of the people with disabilities for old age proved the state-run public pension, and the disabled were cognitive that their preparations were not enough. Lastly, the satisfaction of the disabled in daily life who were financial preparing for the old age proved higher depending on the higher sufficiency of their preparation.

• The Journal of the Korea Contents Association
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• v.17 no.1
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• pp.718-727
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• 2017

The purpose of this study is to analyze the effects of the financial preparations for aging on the life satisfaction of single households are different according to their experiences of having been married or not, and thereby to suggest an alternative policy which differenciate single households with their exposure to married life from those without their exposure to married life. The analyzed data is based on social statistics in 2015 of the Statistics Korea, with 4,406 people, over 30, who are either never married singles or married but divorced or bereaved singles. Finding are, first, there was a statistically significant difference in financial preparations for aging between unmarried single households and married, and unmarried single households are more prepared than married ones. Second, life satisfaction of unmarried single households was higher than married ones. Third, the effects of the financial preparations for aging on the life satisfaction were shown from both groups, and married single households were more sensitive to the effect of financial preparations for aging on the life satisfaction.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.10
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• pp.6618-6626
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• 2015

This study was designed to explore the factors affecting economic preparations for aging of middle-old aged women. Using fourth Korean retirement and income study panel data of National Pension Reacher Institute. The researcher explored the characteristics of preparation for the old age life who middle-old aged women and analyzed the factors affecting economic preparations for aging of middle-old aged women. The results were as follows. The the factors affecting economic preparations for aging of middle-old aged women were education level, subjective health status, a number of adolescent children(14-19), a number of adolescent children(20-39), public pension, financial asset and debt. On the basis of this results, suggestions for policy were offered.

• Journal of Digital Convergence
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• v.11 no.11
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• pp.117-132
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• 2013

This study shows how financial education for middle-age affects their remaining life (economic, physical, emotional and social) and improves the way of preparing for their old age through 355 questionnaires using SPSS 18.0, factor analysis, t-test and ANOVA program. The results obtained are summarized as follows: Firstly, The importance of financial education has been differently perceived by the age, marital status, income and religion. Secondly, the necessity for early financial education and retirement preparation have been comprehended by analyzing the effects of the financial education on their old life. Thirdly, Attitude for retirement has affirmative effects on the self respect, economic stability and leisure activity.

• 한국노년학
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• v.40 no.4
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• pp.639-657
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• 2020

The purpose of this study is to analyze the effect of individual differences in recognition of retirement responsibility on financial preparedness for retirement and to examine moderating effect of income-level on the relationships between the two variables, using the 7th Korean Retirement and Income Study(KReIS). Two research methods, descriptive analysis and hierarchical multiple logistic regression(HMLR) analysis, have been conducted. The total number of sample was 3,869 subjects with an average age of 58.9 years and 55.3% males. The results show that only 35.8% of the respondents make financial plans for retirement, and 64.2% did not. Main findings are as follows. First, 65% of respondents take a responsibility for financial preparedness for retirement, compared to 37% in European countries. Second, people with responsibility for their own retirement are more likely to have a financial preparation for retirement than people who think others(family, society, government) have to take a responsibility for retirement instead of them. Third, there is a significant moderating effect of income-level on relationships between recognition of retirement responsibility and financial preparedness for retirement. As income level decreases, the moderating effect reduces the positive effect of recognition of retirement responsibility on financial preparedness for retirement and vice versa. Fourth, as income level increases and educational level is higher, the tendency to prepare financially for retirement is also increasing. Low-income and low-educated people are less likely to have a financial preparation for retirement than their counterparts. The findings suggest that it is necessary to design an effective incentive scheme for financial preparedness for retirement for low-income and low-educated people and to develop various policies and services to encourage them to prepare financially for retirement.

• Korean Journal of Social Welfare Studies
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• v.48 no.4
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• pp.157-185
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• 2017

This study aimed to explore the trajectories of economic preparations for the aging among people with physical disabilities and to identify the determinants according to the Andersen model. For this study, data were drawn from Panel Survey of Employment for the Disabled (PSED). A total of 1,847 samples were used from the second to the eighth wave. Latent class growth model was conducted to explore the longitudinal change classes for the disabled, and the multinominal logistic regression analysis was conducted to examine the influence of the determinants. As a result, four classes were identified: preparation decrease group, continuous non-preparation group, preparation increase group, and continuous preparation group. Each group was found to be associated deferentially with education level, family income, socioeconomic status, employment, home ownership, national basic livelihood security recipient status, and ADL. These findings proposed the practical and political implications for the strategies concerned with facilitating the economic preparations for the aging among the disabled.

• Proceedings of the Korea Contents Association Conference
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• 2019.05a
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• pp.295-296
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• 2019

본 연구는 노인의 삶의 질 향상에 대한 관심으로부터 출발하여 인구의 고령화에 따라 늘어난 노후에 대한 준비로 삶의 만족도 수준을 높이는 것을 궁극적인 목표로 삼았다. 이를 위해 노후준비의 하위 유형을 신체적 노후준비, 경제적 노후준비, 정서 사회적 노후준비로 구성하여 이를 다중 독립변인으로 설정하였다. 또한 사회적 지지를 매개변인, 삶의 만족도를 종속변인으로 하여 각 변인 간 구조적 관계를 밝히고, 노후준비의 하위 유형과 삶의 만족도 간 사회적 지지가 매개효과를 갖는지 검증하고자 하였다. 본 연구의 대상은 국민노후보장패널(Korean Retirement and Income Study: KReIS) 3차 및 5차 부가조사 자료로부터 추출한 65세 이상의 노인 4,058명이다. 자료 분석을 위해서는 SPSS 25.0과 SPSS PROCESS macro v2.16을 활용하였다. 연구결과 노후준비의 하위 유형 중 정서 사회적 노후준비는 삶의 만족도에 유의미한 직접효과를 발생시켰을 뿐만 아니라, 사회적 지지의 매개를 통해서도 삶의 만족도에 영향을 미치는 결과를 보였다. 이러한 연구결과를 바탕으로 노인의 삶의 만족도를 달성하는 데 중요한 변수인 정서 사회적 노후준비와 사회적 지지 제고를 위한 사회복지 정책 및 실천적 방안을 제언하였다.