• Journal of Labour Economics
• /
• v.27 no.3
• /
• pp.1-23
• /
• 2004

To investigate the interdependence of the decisions on when to retire and how much consume before and after retirement, we compare the pre- (or post-) retirement consumption conditioned on the retirement decision with pre- (or post-) retirement consumption regardless of retirement decision by using the Korea Labor and Income Panel Study(KLIPS). We employ the two-stage switching regression for the econometric method to investigate the interdependence of two decisions of retirement and pre- or post retirement consumption. Then we test the existence of the interdependence in terms of the significance of the estimated selection biases which appear in the pre- (post-) retirement consumption equations for early and late retirees. In those equations, we also compare the income elasticity of the consumption of the early retirees with that of the late retirees. The empirical results show that there is negative selection bias in early retirees' consumption. These results imply that due to the early retirement decision early retirees would have consumed less than they actually have. The income elasticities of the consumption of the early retirees is smaller than that of the late retirees in pre- (or post-) retirement consumption equation. This result shows that relatively longer retirement period due 10 the early retirement affect the pre-retirement consumption. early retirees' marginal propensity to consume should be lower than that of the late retirees.

• Korean Journal of Social Welfare Studies
• /
• v.44 no.3
• /
• pp.85-112
• /
• 2013

This study aims to understand the developmental trajectories of life satisfaction among retirees and to examine what factors differentiate different trajectory classes. This study used three waves of longitudinal data from Korean Retirement and Income Study and data collected every two years(2005, 2007, and 2009). Subjects were respondents aged 50-69 who identified to be retired between wave 1 and wave 2. Finally, this study used 243 respondents for final data analysis. Life satisfaction was measured by seven items. The latent class growth model and multiple logistic regression model were used for data analysis. This study identified three distinct trajectory classes: high stable class(47.7%), high at the early stage but decreased class(42.8%), and low at the early stage and then decreased class(9.5%). This study founded that approximately 50% of the retirees experienced the decline of life satisfaction after retirement and about 10% of the sample was the most vulnerable group. This study analyzed what factors make different among the distinct trajectory groups. As a results, retirees who experienced the improvement in health change were more likely to be in 'high stable class' compared to 'hight at the early stage but decreased class'. In addition, retirees who were less educated, maintained the same health status rather than the improvement, worked as a temporary or a day laborer, and had less household income were more likely to belong to 'low at the early stage and then decreased class' relative to 'high stable class'. This study suggests that there are distinct three trajectories on life satisfaction among the retirees and finds out factors differentiating between trajectory groups. Based on these findings, the study discusses the implications for social work practice and further study.

• Korea journal of population studies
• /
• v.30 no.1
• /
• pp.25-47
• /
• 2007

본 연구는 미국 노인의 두 조사 시점에 걸친 결혼 상태(지속적 유배우, 배우자 상실, 지속적 무배우) 및 은퇴 상태(지속적 은퇴, 은퇴 전이 지속적 취업)가 다양한 측면의 정신건강(우울감, 행복감, 자긍심, 통제감)에 미치는 영향 및 이에 대한 성별의 중재효과를 살펴보았다. 이를 위하여 미국 전국규모 종단자료인 National Survey Of Families and Households (T1-T2: 1987-1993)의 50세 이상 응답자 1,798명의 자료가 분석에 포함되었다. 그 결과 T1-T2 간 배우자 상실은 우울감 증가 및 행복감 감소와 연관되는 것으로 나타났다. T1-T2 지속적 무배우 상태는 통제감의 증가와 관련되며, T1-T2지속적 무배우 상태인 남성의 경우는 지속적 무배우 상태의 굴성과 틀리 현저하게 행복감이 저하되는 것으로 나타났다. T1-T2 지속적 은퇴 상태는 우울감 증가, 자긍심 저하, 통제감 저하와 관련되었다. T1-T2 간 은퇴전이는 자긍심 저하와 연관되었다. 은퇴와 정신건강 저하간의 관련성을 일관적으로 제시하는 이상의 결과들은, 은퇴가 노년기 정신건강에 미치는 부정적 영향을 경감시킬 수 있는 보호적 중재요인의 규명에 대한 후속 연구의 필요성을 강력히 시사한다.

• Proceedings of the Korea Contents Association Conference
• /
• 2014.11a
• /
• pp.133-134
• /
• 2014

한국 베이비붐세대는 은퇴 후 주거선택에서 은퇴 전과는 다르게 쾌적성과 편의성을 중시하여 선택할 가능성이 높을 것으로 예상된다. 또 은퇴 후에 주거면적을 일괄적으로 축소하는 것이 아니라 현재 보유 주택규모에 따라 다른 형태를 보일 것으로 추정된다. 그리고 은퇴 후 62.4%가 주거이동을 계획하고 있고 지역간 이동은 주거이동가구의 52.3%에 달하여 은퇴 후 활발한 주거이동이 예상되며, 지역내 이동과 지역간 이동에 영향을 미치는 영향변수도 다른 것으로 나타났다.

• Journal of the Korean Home Economics Association
• /
• v.48 no.9
• /
• pp.13-25
• /
• 2010

This study examined the effects of individual, family, and career characteristics on retirees' life satisfaction and investigated the interactive effect of gender on the relations between retirement and life satisfaction. Data were drawn from 2 waves of Korean Retirement and Income Study (KReIS). The analytic sample included 158 retired men and 145 retired women in the second wave and all of whom had worked at the first wave. The results indicated that psychological and physical health conditions significantly affected retirees' life satisfaction. Also, family characteristics in terms of a spouse's work status and children's developmental stages, such as marriage and employment, influenced retirees' life satisfaction. Financial support from adult children living elsewhere also significantly affected retiree's life satisfaction. The interaction effect of gender was only found in effects of living arrangement (living alone/with a spouse vs. multiple generations living together) on retirees' life satisfaction.

• Journal of Labour Economics
• /
• v.30 no.2
• /
• pp.61-86
• /
• 2007

This study investigated the health outcomes of the aged male workers who retired before 2003, using the Korean Labor and Income Panel Study data. Empirical study shows that the subjective and objective health conditions of the retiree are worse than the non-retired. And the random-effect panel probit analyses got the results that the effects of retirement on health are different by the retirement reason and the subjective health conditions.

• The Journal of the Korea Contents Association
• /
• v.14 no.11
• /
• pp.438-449
• /
• 2014

This paper is aimed to study on residential choice after retirement. For this reason, this study is analyzed in three aspects ; the factors of residential choice, preferred house types and scales, the characterization of residential mobility. This study reached several conclusions. Firstly, Korea baby boomers are likely to select their residence with different factors after retirement, and they are likely to choose their residence in the view of comfort and convenience. Secondly, apartment resident ratio is shown to be reduced after retirement, and the preference for the country houses and town houses is shown to be increased. Thirdly, the baby boomers don't reduce their residential scale in batches, while they are to show a different appearance depending on the retention scale of housing. Fourthly, The 62.4% of Korean baby boomers is to plan move their residences after retirement, 52.3% of movers, more than half of them, is to go to the different residential area. Fifth, it is analyzed that different variables are to influence on the local and regional of residential mobility of the baby boomers in Korea.

• Journal of Digital Convergence
• /
• v.14 no.12
• /
• pp.599-605
• /
• 2016

This paper was to explore the effect of spouse support and cognitive strategy for emotional regulation on retirement anxiety of middle aged men. The survey was carried out with middle aged employed men worked in 5 major cities. 313 copies of questionnaires were used in the survey except the ones insufficient respond. The data was analyzed by descriptive statistics, t-test, ANOVA, pearson correlation and Multiple Regression. As a result, Main results of this study could be presented as follows. Spouse support was the significant predictor to explain retirement anxiety of middle aged men, but cognitive strategy for emotional regulation didn't have the effectiveness to retirement anxiety of middle aged men. In conclusion, to alleviate retirement anxiety of middle aged men, in conjugal relations spouse support need to be strengthened.

• The Journal of the Korea Contents Association
• /
• v.21 no.1
• /
• pp.626-638
• /
• 2021

This study is about a life history. Through investigating the life of retired teachers in preschool, elementary, and middle schools, authors wanted to explore the meaning of retirement and the process of adaptation to find out their personal and social needs in post-retirement life. Studies have shown that their experiences at childhood have greatly influenced the performance of one's profession, such as contributing to setting limits on behaviors of their students. In the period of interdependence, they have contributed to serving society and the nation beyond as a professional, and in the second half of his teaching career, they have learned that their painful experience was a resource and have realized that changing mind can make the world changed. Since teachers' behavior affects on many subjects unlike other jobs, rewards or satisfaction from the job was bigger than any other jobs. However, after retirement, they felt a sense of emptiness in life without any sense of belonging or accomplishment, while feeling happiness and infinite freedom in other hand. Thy still go forward for life challenging to new study.

• Journal of Digital Convergence
• /
• v.19 no.11
• /
• pp.31-38
• /
• 2021

The use of professional retirement personnel who have largely left their economic activities due to the retirement of baby boomers is a modern task and is emerging as a social issue. This study aims to explo re the perception of professional retirees' overseas volunteer experience as NGOs and seek ways to utilize pro fessional retirement personnel. This study is a qualitative study using photo-voice, and the participants in the study are retirees of retirement age from professions with experience in NGO overseas service. Data were collected through group activities and individual interviews, and data were analyzed using participatory analysis and subject analysis. The perception derived from the study was that NGO overseas service is the best job to be safe and raise the national status, and that information on this is wanted to be provided in retirement education. In conclusion, retirement education for the expansion of NGO overseas service was conducted not only in public enterprises but also in general workplaces to discuss ways to prepare before retirement, and the operation of the Retired NGO Overseas Volunteer Information Service Center was suggested. This study is meaningful in presenting basic data for preparing alternatives to social welfare policies in old age after retirement through the recognition of the experience of professional retirees in overseas NGO service