• The Journal of Asian Finance, Economics and Business
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• v.7 no.5
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• pp.279-290
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• 2020

This study examines how economic preparation for later life directly influences life after retirement. As people's life cycle is gradually getting longer, preparation for the later time with less economic activity after retirement is becoming more important. Thus, this study analyzes the factors influencing life after retirement. Data comes from the Korean Retirement and Income Study (KReIS) surveyed carried out by the National Pension Research Institute in 2015. The analysis includes Cronbach's alpha, Pearson Product Moment Correlation Coefficient and Sobel Test. This study confirms that voluntary retirement has a positive influence on life satisfaction. Results are in line with previous research about the relationship between voluntary retirement and retired life. When a person retires voluntarily, financial preparation can be made in advance for retirement. In case of involuntary retirement, people may experience a sense of loss in personal standing and financial difficulties due to the unexpected situation. Especially, early retirement from the main workplace leads to unstable later life. The study's policy recommendation, in particular, calls on government and businesses to agree on social responsibility for helping employees to retire in the predictable retirement time and, thus, enabling the retiree to decide all aspects of the path after retirement.

• The Journal of the Korea Contents Association
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• v.14 no.2
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• pp.283-293
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• 2014

The purpose of this study is to understand baby boomers' perception of and preparation for later life by analyzing essays from 80,000 hours design competition. The researchers were able to access to 62 baby boomers' essays and used thematic analysis. The results showed that the competition enabled participants to re-conceptualize the meaning of preparation for later life. Three characteristics were derived in the participants' designing their future: 1) life focused on themselves, 2) life in which work, relationship, and leisure are balanced, 3) community life which take social responsibility. All the participants stressed health and learning as key factors in preparing for later life. They also showed almost obsessiveness toward their own effort to be diligent in order to achieve their idealistic later life. Based on the findings, practical implications for preparation for later life among baby boomers are discussed.

• Journal of Families and Better Life
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• v.14 no.2
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• pp.35-50
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• 1996

This paper is a review and assessment of 1122 articles on families in later life from 5 journals published during 1980 and 1995. theoretical and methodological issues family relationships in later life social support network caregiving attitudes and stress life satisfaction and stress of the aged and welfare system for the aged are the major areas examined. The review indicates that this area of research in quantity has increased rapidly since 195. Relationships between aged parents and their adult children focusing on caregiving attitudes behavior and stresses for supporting their parents among the children and adjustment/life satisfaction of the aged are dominantly investigated. However most of the research are non-theoretical and descriptive in nature and the influences of socio-economic variables such as sex health economic status and educational level on dependent variables are widely investigated. Future research questions and issues under the sub-ares of families in lat r life is provided. Further directions and suggestions for future research works on families in later life in general are provided with particular emphasis on conceptual and methodological issues.

• International Journal of Human Ecology
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• v.7 no.2
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• pp.17-27
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• 2006

The purpose of this research was to find out the preferences in HMUBs for living space in respondents' later life. For this purpose, this research was conducted by social survey research using a questionnaire for those who lived in an urban area around Seoul. The data was collected from November to December, 2005. The results of this research were as follows. Firstly, respondents agreed with living in high rise mixed use buildings in their later life because of convenience. Willingness to move into HMUBs was positive. Concerning preferred physical features, residents preferred living in either lower floors or higher floors because of safety or fine views. Regarding the usage of common space and facilities, they wanted to use them with other generations and preferred 2 bedroom type unit located in a suburban area. Secondly, the preference for living in a HMUB in later life was higher in women respondents than in men. Thirdly, the preference for living in a HMUB in later life was higher in upper floors than lower floors according to property and asset value. As a conclusion, the development of HMUB housing for older people has a bright prospect for urban residents in Korea.

• 한국노년학
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• v.36 no.4
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• pp.937-957
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• 2016

The purpose of this study was to understand deeply the meaning of training and counselling experiences of life planning counselors for the later life. This study analyzed the meaning of training and counselling experiences of counselors and tried to structure the meaning of their experiences. The qualitative research was conducted with 12 counselors who got the license after completing life planning training and do counselling. This study found 4 categories, 15 sub-categories and 50 concepts. These results analyzed are : 1) Motivation of participating in life planning counselor training for the later life ; 2) Training experience of life planning counselor for the later life ; 3) Counselling experience as a life planning counselor for the later life ; and 4) Way to improve capacity as a life planning counselor for the later life. According to these results, this study proposed practice and policy suggestions to improve training curriculum, working process and building capacity of counsellors. Lastly, this study stated the limitation and significance of the study and also suggested another proposal for a follow-up study.

• Journal of Family Resource Management and Policy Review
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• v.22 no.1
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• pp.23-37
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• 2018

This study aimed to investigate resource transfer for baby boomers' adult children and related factors pertaining to baby boomers' later-life preparation. This study was conducted in 2016 using written questionnaires completed by 405 baby boomers residing in Seoul and metropolitan cities in South Korea. The data were analyzed using IBM SPSS Statistics 23.0 and the following statistical methods: frequency, percentiles, the mean, standard deviation, a t-test, one-way ANOVA, Cronbach's alpha, and hierarchical multiple linear regression analysis. Baby boomers' average level of later-life preparation was found to be 3.45/5, a relatively rational score. Baby boomers tended to transfer more resource from their adult children when they had many adult children, were more satisfied with their romantic relationship. Baby boomers' level of later-life preparation was higher when there was lesser resource transfer of their adult children. The greatest influential variables pertaining to the respondents' later-life preparation were their family's income, children's marital status, satisfaction with their romantic relationship, and level of transfer from their adult children. It was concluded that baby boomers have insufficient later-life preparation in terms of finances due to their need to support their adult children; thus, nation-wide practical programs are needed to prepare baby boomers for a happy life.

• Proceeding of Spring/Autumn Annual Conference of KHA
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• 2005.11a
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• pp.85-88
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• 2005

The purpose of this research was to find out attitudes toward to work and leisure in later life and intention to move to senior community available to work among 50's in Pusan, Daegu, and Daejeon. The survey had been completed in 414 respondents with questionnaire during May to June, 2003. The respondents had somewhat active attitudes toward to work and leisure in later life. Over two thirds preferred to live and work in later together with others rather than individually and nearly half had intention to move to the senior community where work was available to. The attitudes toward to work and leisure and intention to move were differed by individual characteristics and the intention to move was differed by attitudes to work and leisure in later life.

• International Journal of Human Ecology
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• v.6 no.1
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• pp.117-129
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• 2005

The purpose of this research was to study opinions on elderly housing and attitudes toward the problems related to elderly lives, which were due to dependence or independence in later life. The survey was conducted among middle-aged people in their fifties, living in Seoul. The final sample included 498 respondents. Since the statistical analysis was focused only on independent and dependent groups, total cases for the analysis were 373. The results of this study were as follows. Firstly, the group that was more independent in later life tended to be healthier, lived with a husband or wife, had no children, and had more monthly income and assets. Secondly, the group that was more independent in later life believed that they had the sole responsibility of resolving later life issues. The group that was more dependent believed that their family, not themselves, must resolve their later life problems. The independent group wanted to continue their work or enjoy leisure. Thirdly, the group that was more independent about elderly housing stated that they were responsible for it, while the other group stated that their family was. There were no significant differences between the two groups in terms of general idea, and social interest. However, the independent group answered that more development and management of elderly housing were needed. The expected living arrangement in their later lives was similar. Also, there were no differences between the two groups in living with family or the demand for service from elderly housing.

• Journal of Families and Better Life
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• v.26 no.3
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• pp.79-99
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• 2008

Nowadays, social circumstances have changed rapidly due to the decreasing birthrate and increasing number of senior citizens. Therefore, it is necessary to investigate past research for presenting the direction of future research and for improvement of welfare for the elderly. For this study a total of 231 articles within four kinds of major home economics journals are used. The articles were published from 2000 to 2007. Specific research topics (subjects) are investigated for this study. Results from this study are as follows. Research topics are divided into the following fields: facilities for the elderly, family relationships in later life, quality of life, economical aspects of the elderly, physical and metal health, leisure, awareness and the attitudes about elderly people, clothing, death and welfare services for elders. According to this study, 'facilities for the elderly' and 'relationships in later life' are the most frequent topics of interest. Based on the results of this research and the governmental aging society plan, SEROMAZI PLAN 2010, the directions of future research about senior citizens and later life in our home economics major science field are presented.

• Journal of Family Resource Management and Policy Review
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• v.18 no.1
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• pp.29-46
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• 2014

The purpose of this study was to analyze the effects of the degree of preparation for old age and the sense of crisis on the marital satisfaction of married mid-life women. The participants in this study were 300 women ranging in age from 40 to 59 years residing in Gyeonggi-do. Two hundred and forty-nine self-reported questionnaires were used for final analysis by SPSS PASW 18.0. The major results of this study were as follows. First, the mean score on the sense of crisis scale was $2.56{\pm}0.65$, representing a medium level. The mean scores for degree of preparation for later life and marital satisfaction were $3.54{\pm}0.57$ and $3.67{\pm}0.88$, which were somewhat high. Second, socio-demographic characteristics have a significant influence on married, middle-aged women. There were primarily differences in the sense of crisis by age cohort(such as women in their 50s) and level of education. Moreover, there were differences in the degree of preparation for later life by marriage duration and differences in marital satisfaction by level of education, monthly average income, and employment status. Third, in multiple regression analysis, the variables significantly influencing the marital satisfaction of married, middle-aged women included health status and monthly average income as control variables. Mid-life crisis also had a significant effect. The degree of preparation for emotional later life had a significant effect as an independent variable. These findings suggest that the level of sense of crisis and the degree of preparation for emotional later life affected the women's marital satisfaction. Other factors did not have a significant affect. Based on the above results, intervention alternatives are needed to improve the marital satisfaction of married, middle-aged women.