• Journal of Family Resource Management and Policy Review
• /
• v.16 no.2
• /
• pp.123-143
• /
• 2012

This study, based on a health belief model, examines how baby boomers perceive health and how they are financially preparing for future medical expenses. In addition, the study analyzes which factors influence baby boomers' preparation behaviors for future medical expenses and their perceived sufficiency of the preparation for medical expenses. Through such activities, this study examines baby boomers' current preparation status for future medical expenses, and based on this outcome, will turn the attention of individuals and society toward becoming more concerned with health and increasing health expectancy. For this study, an online survey was conducted targeted at men and women who were born between 1955 and 1963 and live nationwide, and its resultant data were collected. After conducting a 15-day survey in November 2011, a total of 418 questionnaire responses were used for the final analysis. The major findings of this study and their implications are as follows: First, baby boomers' health beliefs and their perceptions of health identified by subjective health conditions were very positive. Second, while there were some partial differences in the influencing factors, health beliefs and perceived health influenced the sufficiency of future medical expenses in the three groups, which were segmented according to how they prepare for future medical expenses-insurance-based, pension-based, and insufficiently prepared groups. Third, the baby boomers selected the national health insurance as the primary means of preparing for post-retirement medical expenses, and backed it up with private health insurance or the national pension. In addition, when baby boomers' perceived sufficiency of future medical expenses were examined, 57.6% of the respondents expressed that their old-age medical expenses were not sufficient. Fourth, in terms of baby boomers' preparation behaviors for future medical expenses, it was revealed that as one recognizes old-age health more seriously, he/she has a higher chance of using insurance and lower chance of using a pension to prepare for medical expenses. Fifth, regarding baby boomers' sufficiency of preparations for future medical expenses, economic factors such as total assets, the sufficiency of retirement assets, and the number of insurance policies, as well as health perceptions, including health beliefs and subjective health conditions, were important influencing factors.

• Korean Journal of Human Ecology
• /
• v.23 no.6
• /
• pp.1105-1126
• /
• 2014

The purpose of this study was to explore the factors related to depression of married baby-boomer female by employment status. Data for this study was based on a convenience sample of 499 married female baby-boomer who have residence in Busan and Gyeongnam province. The prevalence rate of depression symptoms was 21.4%. The employment status made differences on the factors related to depression of married female baby boomers. Depressive symptoms were significantly associated with attitudes toward menopause, menopausal symptoms and marital satisfaction for both baby-boomer female with and without a job. While monthly household income, participation in voluntary associations and satisfaction with children were significantly related to depression symptoms of baby-boomer female without employment, perimenopausal stage, perceived size of social network was important factors for the depression of married female baby boomers with a job.

• The Journal of the Korea Contents Association
• /
• v.22 no.5
• /
• pp.478-490
• /
• 2022

The purpose of this study is to understand the impact of the leisure flow among the Baby Boomers upon their psychological well-being and verify the mediating effect of social support. For this study, the New Aging who were Baby Boomers(born between 1955 and 1963) living in Seoul or Gyeonggi-do. And a total of 470 questionnaires were put to analysis. The findings of this study are as follows; First, the leisure flow of the Baby Boomers turned out to have a significant impact on psychological well-being. Second, the leisure flow of the Baby Boomers turned out to have a significant impact on social support. Third, the recognition of the social support of the Baby Boomers turned out to have a significant impact on psychological well-being. Fourth, the researcher verified the mediating effect of social support in the relationship between leisure flow and psychological well-being of the Baby Boomers. This study implies that, as the Baby Boomers is leading the culture of the aged, the study provided the basic data for a healthy society in addition to the enhancement of the quality of life of the New Aging by leading the changing culture of the aged to a positive direction.

• The Journal of the Korea Contents Association
• /
• v.13 no.5
• /
• pp.253-261
• /
• 2013

This study analyzed the preparation characteristics for old age of the baby boomers by the framework of the multi-pillar pension system. Analysis results are as follows. First, multi-pillar pension system's subscription rates of baby boomers was public pension 59%, private pension 11.5% and retirement pension 1.5%. The baby boomers isn't ready for old age life. Second, women and people with the low level of education are less prepared for old age. Third, people in a bad health state are less prepared for old age. Forth, low-income people are less prepared for old age. We must support baby boomers' preparations for old age by establishing income security system for old age. We must establish public pension support policy for the people of the low level of education and economic hierarchy, women, bad health status people, and must introduce universal old-age allowance policy for guaranteeing the minimum income of baby boomers.

• The Journal of the Korea Contents Association
• /
• v.22 no.9
• /
• pp.205-216
• /
• 2022

This study investigated the experiences of baby boomers' social participation through social contribution jobs after retirement, using content analysis. The baby boomers who participated in social contribution jobs after retirement showed a strong desire to work, and were provided with rewarding and self-development, which resulted in family members viewing job participation positively. In addition, through self-help groups and communities, they shared information for the program and formed a social relationship. However, they expressed dissatisfaction with the instability and discontinuity of the job with low salary, with job interview repeated every year. As for the future direction, it is necessary that jobs utilize the skills and expertise of the baby boomers, the bridging jobs as an income guarantee after retirement, and the promotion of industries with marketability and publicness through institutional and regulatory reform. It is emphasized that the human resources of the retired baby boomers should be actively utilized with the governmental support.

• The Korean Journal of Health Service Management
• /
• v.10 no.4
• /
• pp.167-178
• /
• 2016

Objectives : The aim of this study was to identify significant paths that affect the life satisfaction of male baby boomers. Methods : Thus, 1,784 male baby boomers born between 1955 and 1963 were selected, among a total of 22,276 male baby boomers in the Gyungbuk region, who had participated in the 2011 Community Health Survey. Results : Through a path analysis, the following factors that affect life satisfaction were revealed in descending order: mental health (p<.001), income level (p<.001), educational level (p<.001), social support (p<.001), health promotion activities (p<.001), and physical illness (p<.001). The explanatory power of the variables for quality of life was 21%. Among the variables, mental health had the biggest impact. Conclusions : The findings indicate that increasing the life satisfaction of male baby boomers requires the following: alleviating their anxiety over retirement income by improving their welfare at a national level; creating an environment that can enhance their mental health and health promotion activities, and providing health education and health promotion programs to change their perceptions.

• KIEAE Journal
• /
• v.10 no.5
• /
• pp.101-108
• /
• 2010

It is estimated that the elderly will constitute 24.3% of the entire Korean population in 2030, when about 7,125,000 baby boomers reach retirement age. Therefore, this aging phenomenon might be the most urgent issue facing Korean society. The baby boom generation shows a strong tendency to dispose of existing residences or move into new housing after retirement, thereby exerting enormous impacts on social and economic sectors as well as the housing market. Against this backdrop, this study aims to identify both factors and patterns behind baby boomer retirees' post-retirement housing transfer trends. To this end, a survey is undertaken here with respect to those baby boomers living in Gangnam-gu and Seocho-gu with actual housing transfer plans in the foreseeable future, and who can act as a practical consumer group for the future housing market. This study verifies baby boomers' diverse preferences for housing type. Their preference for apartment houses still remains high in every situation, and this has significant implications for changed preferences of other housing types considering that most of the survey respondents currently reside in apartment houses. According to the survey, there are more than 80 kinds of baby boomers' housing transfer patterns, which demonstrates that more than half of the survey respondents pursue different housing mobility plans. When it comes to the factors behind their housing selection, the baby boom generation shows a strong preference for physical factors. However, environmental and psychological factors gain more momentum under unfavorable circumstances, while social factors play a decisive role in their housing selection in categories such as 'couple/deteriorating health' and 'single/healthy'.

• International Journal of Human Ecology
• /
• v.8 no.2
• /
• pp.17-28
• /
• 2007

Using data from the 2001 American Housing Survey, the purpose of this study is to profile the economic and socio-demographic characteristics of baby boomers according to housing down payment sources and to identify determinants of housing down payment sources among baby boomers. Results of the multinomial logistic regression analysis indicated that household income, housing value, age, education, gender, marital status, race, and geographic region were all significant determinants of housing down payment sources among baby boomers. Identification of factors affecting the occurrence of borrowing for housing down payment would aid in the development of financial education programs for baby boomer households.

• Journal of Family Resource Management and Policy Review
• /
• v.21 no.1
• /
• pp.89-111
• /
• 2017

The purpose of this study was to examine the phenomenon of social participation among female baby boomers. The key research questions were asked in what kind of activities do female baby boomers engage as social participation? The in-depth interview was used with 11 female baby boomers who were born between 1955 to 1963. The interview text were analyzed by the qualitative study method. The findings are as follows. First, the most common type of social participation was having hobbies and leisure activities, and the other were participating in religious activities, learning activities, volunteer activities and on-line club activities. Second, social participation gave them meanings such as joy, satisfaction, and experiences of seeing the new world as well as opportunities to make up low sense of self-esteem formed in their young age. Third, they were considering it was time to change their social participation. The cases who were actively engaging in social participation considered old age as 'the process of reducing social participation'. Some other cases considered to 'share hobbies with spouse', and to 'achieve new goals and dreams'. The results showed that female baby boomers started their social participation in their middle ages when they became free from their children's education. The level of the involvement in social participation was reduced in their old age. Surprisingly, some interviewees planned to accomplish their dreams and goals that they haven't achieved yet. These differences among the cases could be attributed to the individual characteristics such as personality, birth order, economic and educational background, and to the social relationship.

• Journal of the Korean Regional Science Association
• /
• v.36 no.3
• /
• pp.17-27
• /
• 2020

Baby boomers are the population group born between 1955 and 1974 in South Korea. They are the generation to grow up in the rural areas and it has been reported in the previous literature that a large part of baby boomers now hopes to return their hometowns after their retirement. The purpose of this study is to investigate factors that obstruct the baby boomers' residential relocation to their hometowns by in-depth interviews with three different types of baby boomers: returners, soon-to-be returner, and wanna-be returner. Findings of this study show that the reasons behind the hesitation to the migration may be grouped into four categories: concerns about insufficient jobs, lack of medical services, concerns about social relation network and poor cultural environment in their hometown.