Purpose - This study investigated the demographic characteristics of retirees who sought not to be reemployed or join an organization but, instead, to be self-employed. This study verified self-employment by regional and/or educational features to determine the self-employment factors and the policies required. Research design, data, and methodology - Models and hypotheses were used to verify the conversion into self-employment depending on retirees' demographic characteristics. This study investigated regions according to precedent studies and used SPSS 18.0 as follows. First, frequency was used to investigate the general characteristics. Second, a factor correlation analysis was done. Results - Hypothesis 1, which stated that, "retirees with low educational background often start a self-employed business," was significant. Hypothesis 2, which stated that, "retirees in metropolitan areas frequently start a self-employed business," was significant. Hypothesis 3, which stated that, "retirees in a megalopolis frequently start a self-employed business," was significant. Conclusions - A preliminary startup education was needed to lessen the losses. Retirees should have preliminary knowledge of actual self-employment conditions to be given a startup education.
Asia-Pacific Journal of Business Venturing and Entrepreneurship
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v.10
no.6
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pp.225-233
/
2015
The purpose of this study is to verify mediated effect of health, economic power and family relationship characteristics on their subjective awareness of health. Data used for analysis was research on the actual condition conducted by Korea Welfare Panel Study(2013). Data used in this study was collected from January 1, 2013 to December 31, 2013. Answers of 3,976 people were used in the final analysis. Hierarchial regression analysis was conducted to verify variables. SPSS21.0 were used as statistics program. showed that retirees' subjective health condition, whether to own house, living expense and family relationship characteristics have an influence on their life satisfaction. Analysis revealed that retirees' has a partial mediated effect on path which influences life satisfaction. That retirees' health has a partial mediated effect proves that the better retirees' health, economic power and family relationship characteristics are, the higher retirees' subjective awareness of health is. In addition, that retirees' subjective awareness of health has a partial mediated effect proves that retirees' health, economic power and family relationship characteristics draw higher path through retirees' subjective awareness of health. This study is significant in that it proved that retirees' health, economic power and family relationship characteristics are related to retirees' subjective awareness of health and provide data which is useful in preparing ways to improve retirees' health.
This article attempts to explore how the women retirees under study were able to continue work until retirement. This study used life histories, especially focusing on daily working lives, and uncovered a number of key issues through in-depth interviews. The main results are as follows: Firstly, the women retirees examined here had been raised as highly educated people, and their strong educational background was a base component for them to have relatively secure careers. Their parents had also supported practically the women retirees during their working lives. In addition, the women retirees had to can out the roles of 'provider' for their original families, procreation families or in-law families, even though they were not given the recognized roles of provider. Secondly, the women retirees had a private infra system to support them with housework and child care. In addition, because they were financially able to employ housemaids, the women retirees did not experience conflicts with their husbands, who took on a neo-traditional sex role. Finally, thanks to relatively good working conditions such as having vacations and being able to come to and leave the office on time, the women retirees were able to continue work until retirement no mean feat in a society which openly practiced gender discrimination.
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.
The Journal of the Convergence on Culture Technology
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v.6
no.4
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pp.267-274
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2020
This study examines the relationship between retirement preparation, positive psychological capital and successful aging for retirees and retirees, promotes successful aging of retirees and retirees, and increases positive psychological capital to increase desirable retirement time. I want to find a direction I can have. This study was conducted on 537 retirees and retirees who were preparing for retirement or retired from across the country as a structural relationship analysis, and the data collection period was from April 1 to April 20, 2019. As for the data, frequency analysis, correlation analysis, and structural relationship analysis were performed using SPSS 20.0 and AMOS 9.0. As a result of the study, retirement preparation of retirees and retirees had a negative relationship with successful aging, and retirement readiness had a positive effect on self-acceptance of successful aging and autonomous life as mediators of resilience of positive psychological capital and self-efficacy. This means that the positive psychological factors of positive psychological capital have a positive effect on retirees and retirees who are struggling with anxiety about retirement preparations, enabling a successful retirement life. Therefore, when operating a retirement preparation program, it is necessary to organize and operate a program that can expand positive psychological capital.
The primary purpose of this study is to construct a path model in which shows how the background variables, retirement-related variables, and perceptions of stress in retirement influence life satisfaction among retirees. Data from a probability sample of retirees who are not employed as a full - time (n of retirees=261)are used. The social stress model, developed by House (1974) and George (1980), presented and tested in this research focuses on the perspective of the retirees. The major findings are: 1. The retirees perceive relatively high levels of stress in retirement. 2. Levels of living standard, health status, and locus of control are significant factors in differentiating the degrees of perceived stress in retirement and life satisfaction. 3. Concerning the retirement variables, the previous job satisfaction, plans and preparatins for leisure activities and financial arrangement contribute to differentiate the degrees of perceived stress in retirement and life satisfaction. 4. While health status, locus of control, and the perceptions of stress in retirement influence directly on life satisfaction, age, education, income, and activity level influence indirectly through the retirement - related variables and the perceptions of stress in retirement on life satisfaction. The significant impact of the perceptions of stress in retirement upon life satisfaction receives strong support.
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 Family Resource Management and Policy Review
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v.13
no.4
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pp.73-93
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2009
The purpose of this study was to examine retirees' attitudes towards change of living standards. The data were drawn from the 2007 Korean Retiree Survey, as carried out by the Korean Investors Education Foundation. The major findings are as follows: 1) Some retirees were not well-prepared for retirement, i.e., they lacked financial consultation, had low personal financial literacy, and lacked sufficient wealth. Retirees suffered from health difficulties, loneliness or a sense of alienation, family conflict, or lack of pastimes. 2) Certain groups recognized the change of living standards for retirees as either positive or negative. Retirees who recognized the change of living standards as negative were not well-prepared for retirement, had low personal financial literacy, and lacked sufficient wealth. They also suffered from health difficulties, loneliness or a sense of alienation, family conflict, or lack of pastimes. 3) There was a strong probability for the negative recognition group not to be well-prepared for retirement, having low personal financial literacy, and lacking in sufficient wealth. There was a strong probability for the negative recognition group to suffer from health difficulties or lack of pastimes. Based on these findings, this research suggests that retirees should prepare for retirement with a positive attitude.
International Journal of Advanced Culture Technology
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v.9
no.4
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pp.18-28
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2021
This study surveyed how retirees' evaluation of starting food service business affects the effectiveness their new business and quality of life, based on personal factors such as entrepreneurship and business-starting capability and environmental factors by using questionnaires. Bootstrapping was carried out in order to find out factors affecting rapidly changing new business environments and retirees' initial intent to start a business so as to verify basic hypothesis about relation between retirees' evaluation of starting food service business (social, economic, and psychological effects) and the effectiveness of their new business and quality of life and confirm whether the effectiveness of the new business acts as a medium between the evaluation of starting food service business and quality of life. In addition, PLS-MGA was performed in order to verify whether the correlations among test factors can be varied according to the kind of job the target retirees had. Having examined the basic thesis, it was found that social and economic factors had significant positive effect on the effectiveness of the new business, and social and psychological factors had significant positive effect on the quality of life. Having analyzed whether the effectiveness of new business acted as a media between evaluation of starting food service business and quality of life, there was no significant effect as a medium. Having studied whether the kind of job of the retirees controlled or affected the relations among evaluation of starting food service business, effectiveness of new business and quality of life, the results were as follows: in the office job retiree group, the greater economic factor led to increase of effectiveness of new business, while social and psychological factors influenced the quality of life; In the physical labor group, the higher social factor resulted in higher effectiveness of new business, which showed significant positive effect on the quality of life. Having researched about which element is considered to be most important in starting food service business, the most important element was found to be dish/menu, followed by staff management, accounting management, business management, and service education. Having analyzed relation between accomplishment and important consideration for starting food service business, "managers with entrepreneurship," "appropriate distribution of time to prepare for starting business," and "operation of practical field education programs" showed higher importance compared to the degree of satisfaction, so it is needed to more concentrate on the above matters. This study intends to raise retirees' awareness of starting business and help them live better life based on the analysis results, and further suggest detailed mechanism and specific operations of factors affecting retirees' decision making on starting business, such that they can use the information as basic materials to make better choices that can lead to successful business.
The purpose of this study was to provide basic data for developing effective forest healing programs for retirees by identifying their characteristics and preferences. A survey was conducted on demographic characteristics, overall perceptions of forest healing, and preferences for forest healing programs, targeting a total of 258 retirees visiting a natural recreation forest and a healing forest. The results of the survey suggested that the awareness of the forest treatment program and the hope of participating in it were both high, but the experience of participating in the program was low. Among the forest healing programs, the order of preference was "Breath in the forest", "Wind bathing and sunbathing", and "Feeling negative ions in the valley". Based on these results, it is expected that the forest healing program for retirees will be used as basic data for development of such programs in the future.
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