• Journal of radiological science and technology
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• v.40 no.4
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• pp.647-655
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• 2017

This study was conducted to review the mediating effects of retirement preparation in how the degree of requirements for retirement education and the degree of preparation for retirement education affects quality of life, and how the degree of participation in retirement education which is a moderating variable is moderated. The study findings show that first, in terms of the difference in quality of life across different general characteristics, those who live in a city rather than a Gun, those who had received education of graduate school or higher rather than those with an education of undergraduate university programs or lower, those who were public officers or employees of corporations rather than those who were self-employed had a higher quality of life. The group satisfied with their economic status and health status were found to be more satisfied with their quality of life. Second, a correlation analysis showed that there was a positive correlation between retirement preparation, quality of life, and degree of requirements for retirement preparation. Moreover, there was also a positive correlation between quality of life, retirement education and the degree of requirements for retirement education. There was a positive correlation between retirement education and the degree of requirements for retirement preparation. Third, participation in retirement education moderated the indirect effect that the degree of preparation for retirement education affected quality of life through the degree of retirement preparation. In other words, the degree of requirements for retirement education affects retirement preparation and affects quality of life through the indirect effects of retirement education. As such, the moderated mediating effects of retirement education on retirement preparation was found to be greater. This indicates that quality of life may also vary in accordance with the requirements for retirement education.

• Journal of Families and Better Life
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• v.34 no.5
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• pp.53-68
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• 2016

Financial preparation for retirement means making financial plans by predicting expected incomes and expenditures needed for maintaining success in later life. Because this preparation needs long-term planning, preparing as early as possible is recommended. This study, therefore, uses theory of planned behavior for examining the intention of financial preparation for retirement of consumers in their 20s and 30s. By using financial education and its understanding as additional variables, this study also intends to examine the ultimate effects on the intention. The following is a summary of the main results and suggestions. First, the level of consumer financial education is lower than the average. The level of understanding finance is lower than the average, and particularly, the level of understanding retirement related finance is much lower. Second, the more the attitude of financial preparation for retirement is positive, and the higher the level of subjective norm or perceived behavioral control is, the level of the intention of financial preparation for retirement tends to be more higher. Therefore, relevant efforts to encourage this preparation are needed. Third, the level of the intention of financial preparation for retirement is higher than the average, whereas financial education has no effects on the intention. This means that despite the importance of the financial education, its current implementation has many problems. The suggestions of this study are as follows. First of all, this study can provide preliminary data for developing retirement planning programs. In addition, in terms of the policy, given that this study targets relatively young consumers in their 20s and 30s, it can provide preliminary data for making policies for their future retirements.

• Journal of Family Resource Management and Policy Review
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• v.22 no.2
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• pp.25-43
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• 2018

The purpose of this study was to analyze the factors that influence middle-aged people's retirement planning and financial preparation for old age. The data was derived from "the National Survey of Families 2015". The samples included 1,462 people from 40 to 64 years of age. The findings from the analysis showed that the level of retirement planning was significantly associated with gender, age, education level, employment status, monthly family income, monthly expenditure on spending to support parents, and perceived household economic condition. When the samples were divided by sex, the results showed that the perceived household economic condition was the most significant factor for both men and women's level of retirement planning. Age and education level were the significant factors for women's level of retirement planning but not for men's. Logistic regression was used to analyze whether middle-aged people made financial preparation for old age. For the whole sample, whether or not a person was a regular employee, monthly family income, monthly expenditure on supporting parents, perceived household economic condition, and retirement planning were significant variables in determining financial preparation. For men, whether or not a person was a regular employee, monthly family income, perceived household economic condition, and retirement planning were significant factors, for women whether or not a person was a regular employee, and retirement planning were the significant factors in determining financial preparation. The results implied that retirement planning is needed for middle-aged people to prepare for old age financially while the financial preparation should differ depending on sex.

• Industry Promotion Research
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• v.8 no.3
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• pp.69-78
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• 2023

Based on the perception that integrated retirement preparation in various areas is needed in preparation for increased old age, this study aims to identify the status and characteristics of retirement preparation of middle-aged people and reveal the relationship with successful aging. In addition, it aims to find out the mediating effect of social support in the relationship between retirement preparation and successful aging for the middle-aged. To confirm this, 1,037 men and women aged 50 to 64 who responded to the third, fourth, and fifth additional surveys of the Korean Retirement & Income Study (KReIS) conducted by the National Pension Research Institute were analyzed. When the preparation of middle-aged people for retirement affects successful aging, bootstrapping with IBM SPSS 26 Process Macro Model 4 was conducted to verify the mediating effect of social support. As a result of verifying the significance of independent variables on the parameters, preparation for retirement was positively (+) significant. In other words, it was verified that the higher the preparation for retirement, the higher the social support. Furthermore, it was discovered that social support, an independent variable, had a significant impact on successful aging, and social support, an independent variable, had a significant impact on successful aging. The results of this study suggest the need for social support for successful aging through the preparation of middle-aged people for retirement. It is intended to derive policy implications for preparing for retirement and provide them as basic data to increase the level of successful aging.

• Journal of Family Resource Management and Policy Review
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• v.18 no.4
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• pp.27-52
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• 2014

This study aims to investigate the financial soundness of Korean households and its effects on the retirement preparation of these households. The sample consisted of 1,031 households selected from the 4th Korean Retirement and Income Study (KReIS) by the National Pension Research Institute in 2012. The empirical results are as follows. According to the logistic regression model, the statistically significant factors affecting the retirement preparation of Korean households are gender, occupation type, residence, satisfaction with economic condition, and type of financial soundness-sound households or insolvency-risky households. In other words, more female-headed households and households with higher levels of occupation are less likely to prepare for retirement. The households that are more likely to prepare for retirement are those that are lived in metropolitan areas as opposed to the countryside; further, households that are more economically sound are also more likely to prepare for retirement. In particular, sound households and insolvency-risky households are less likely to prepare for retirement compared to liquidity-risky households.

• Industry Promotion Research
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• v.6 no.1
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• pp.43-53
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• 2021

This thesis is a study to verify whether the attitude toward retirement perceived by middle-aged workers has a significant effect on retirement preparation and job satisfaction for middle-aged workers in their 40s to 50s working in Seoul and the metropolitan area. As a result, it was found that the forced frustration during the retirement attitude of middle-aged workers had a significant negative (-) effect only on the finances and family of retirement preparation. A new start was found to have a significant positive (+) effect on all sub-variables of retirement preparation. In the second hypothesis, the influence of job satisfaction, it was found that old-age breaks and new start of retirement attitude had a significant positive (+) effect on job satisfaction. As a result, it can be seen that the attitude toward retirement of middle-aged workers who are about to retire has a significant influence on retirement preparation and job satisfaction.

• The Korean Journal of Health Service Management
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• v.6 no.3
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• pp.53-66
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• 2012

The main purpose of this research is to gain full understanding of how well people are aware and prepared for after retirement. To reach the goal to learn more about the upcoming aging society, professionals from variety of medical fields were employed as subjects to this research. In order to get a detailed result, and to provide an ideal suggestion, the research was conducted with 406 professional workers from 31 different medical institutions as its subjects. Obtained results were summarized as follows. First, in terms of government policies in the field, the idea of long term recuperation insurance gained more support than the belief that the public annuity is a sufficient economic countermeasure. Second, there is a causal relation between the economical preparation for retirement and the reason why people do not prepare for their after retirement. The more one feel short of money, the more one is obtuse towards the necessity of preparing for retirement, the more ignorant one is about preparing for retirement, the higher the chance that there will be no preparation done for his/her after retirement.

• Journal of Families and Better Life
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• v.24 no.1 s.79
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• pp.193-207
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• 2006

The purpose of this study was to analyze middle-aged salaried workers' retirement plans and the factors that affect the plans. The main point of this study was to compare male workers with female workers on their economic preparation and health care plans. The major findings were as follows; First, middle-aged salaried workers perceived their level of economic retirement plan to be relatively low. Second, the factors the affected the level of economic preparation for post-retirement were their current subjective economic level, age, household assets and debts, economic and health problems expected in their future elderly life, and savings and assets reserved for their elderly life. Third, the factors that affected whether to put aside savings for elderly life or not were age, current subjective economic level, capital assets, and savings and assets reserved for their elderly life. Fourth, the level of preparation for post-retirement health care depended on health problems expected in their elderly life, current subjective economic level, locus of control, job, and expected retirement age. Overall, the factors that affect male salaried workers' economic and health care plans were different from those of female salaried workers. From the findings, it can be concluded that the middle-aged salaried workers' level of economic retirement plans was different from that of their health care plans. Also, male salaried workers' level of retirement plan were different from that of female workers.

• The Journal of the Korea Contents Association
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• v.16 no.12
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• pp.724-734
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• 2016

The purpose of this study was to retire attitude of journalists verify the mediating effect of impact and satisfaction of life in old age, and prepare, perform and enhance the retirement attitudes of journalists to suggest journalists welfare policies and practices preparing for retirement. Surveyed a total of 233 additional analysis was used to journalists working in Gwangju, Jeonnam media. We used the SPSS 18.0 and 20.0 AMOS program to derive a result, a factor analysis was performed with reliability test for the variables, the model was subjected to structure analysis for the hypothesis testing. The results were the retirement attitudes of journalists had a significant impact on satisfaction with life in retirement preparation, retirement preparation had significant influence on life satisfaction. In addition, the journalists were retired through the mediating effect of attitudes that are ready to maximize retirement life satisfaction. Based on such findings, we propose a practical. Policy implications that can enhance the retirement attitudes and preparation for retirement journalists.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.8
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• pp.3427-3435
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• 2012

Beginning with retirement in 2010 of the leading group of baby boomer generation born in 1955, baby boomers are starting to retire from work in full-scale. Since retirement of baby boomers refers to increase in the senior class with longer life expectancies caused by development of medical technologies, enhancement of living standards, and improvement of surrounding environments, annually decreasing birthrate is further accelerating entry of our society into an aged society. Accordingly to examine baby boomer generation's preparation for retirement in relation to career self-efficacy, first, difference in retirement preparation according to mean monthly income and current occupation was analyzed. Second, the effect of career self-efficacy on retirement preparation was studied. The survey for this study was conducted for one month between January 17 and February 16, 2012 in Seoul, Gyeonggi, Gangwon, Chungnam, Gyeongnam, Jeonnam, and Jeju. 500 surveys were distributed to baby boomer generations through direct visit and mail, among which 443 responses were returned. 400 effective responses were selected as subjects of the study. As a result, preparation for retirement according to mean monthly income was verified to be significant in terms of economic and physical factors. Significant results were shown in all factors including economic, physical and social factors for retirement preparation according to current occupation. Career self-efficacy had greatest influence of 58% on retirement preparation with economic factors. It also influenced all factors including self assessment, objective setting, occupational information, and problem solving.