• Title/Summary/Keyword: Retirees

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Exploring housing consumption adjustment of pre-retirees after retirement using ordered probit model in terms of different housing size (순위프로빗모형을 이용한 예비은퇴자의 주택소비 조정 의향 결정요인 분석 - 주택규모의 변화를 중심으로 -)

  • Lee, So-Young;Kim, Ji-Hyun;Choi, Youn-Young
    • Journal of Cadastre & Land InformatiX
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    • v.48 no.1
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    • pp.35-53
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    • 2018
  • Recently, there is a growing interest in housing policy to prepare for the aging society. The purpose of this study is exploring the factors that explain housing consumption and adjustment of pre-retirees after retirement. 1,351 samples were collected from A bank and analyzed. There categories of housing consumption adjustment were considered including downsizing, maintain, and upsizing. Gender, educational level, housing size, housing type, asset size, and willingness to work after retirement were examined to see if they can explain the housing consumption adjustment of pre-retirees using orderd- probit model. The finding of this study is that housing size, asset size, and willingness to work after retirement statistically significantly explain the housing consumption adjustment. At specific, firstly, if the current size of the housing is relatively large, it is highly likely to downsize housing after retirement. Second, pre-retiree whose assets exceeded 1 billion won were more likely to scale up housing than assets of over 300 million to less than 500 million won. Lastly, unless there is absolutely no willingness to work after retirement, it is indicated that it intends to up-sizing consumption rather than down-sizing adjustment. The results of this study can provide useful information for the housing policy in order to prepare for the (post) aged society.

A qualitative study on the psychological difficulties of conglomerates executives after involuntary retirement (대기업 임원들이 비자발적 퇴직 이후 겪는 심리적 어려움에 대한 질적 연구)

  • Jabok Koo;Taeyun Jung
    • Korean Journal of Culture and Social Issue
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    • v.25 no.4
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    • pp.249-277
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    • 2019
  • This study examined the involuntary retirement of executives in conglomerates based on Williams' need-threat temporal model of ostracism(2009), which explains the psychology of individuals facing social exclusion in the stages of reflexive, reflective and resignation. In-depth interviews were conducted on 15 retirees from conglomerates, and their contents were used for phenomenological method of analysis. As a result, in the reflexive stage of need-threat temporal model of ostracism, they experienced cognitive panic and emotional panic immediately following retirement. Due to an unexpected shocking experience of retirement notice, they experienced cognitive numbness first, and repressed the following negative feelings cognitively to hide them. In the reflective stage, retirees dream of 'a complete restoration to their best performance in the past', but as such expectation fails, they don't adjust to the reality more due to 'unrealistic thought', 'self-deception', and 'shift responsibility'. In resignation stage, a long-term failure to satisfy the desire led them to experience a sense of defeat and helplessness. Such results were reviewed and compared to Williams' need-threat temporal model of ostracism, and the implications of such result on the nation, companies and retirees in terms of the response to retirement.

A Study on the Relationship between Social Networks and Retirement Satisfaction of Old Retirees (고령은퇴자의 사회적 관계망과 은퇴만족도 관계 연구)

  • Chung, Soondool;Moon, Jinyoung;Kim, Sungwon
    • 한국노년학
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    • v.30 no.4
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    • pp.1145-1161
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    • 2010
  • The objectives of this study were to examine how social networks of old retirees impact on their retirement satisfaction, and through this, to suggest ways of improving their retirement satisfaction. Data used in this study were from 2006 KLoSA(Korean Longitudinal Study of Ageing), which were collected from 1,009 elderly people aged 65 and over who resided metropolis and smaller medium cities and answered regarding their retirement satisfaction. Data were analyzed by Binary Logistic Regression method. As a result, the frequency of contact with children, the number of participation in their social activities, and the satisfaction of relationship with children were the significant variables to predict retirement satisfaction. In addition, other variables such as gender, subjective health status, type of retirement, and duration of past retirement have been found as significant variables to explain retirement satisfaction. Implications for designing effective retirement plan and service systems have been discussed.

An Empirical Study of the Everyday Life Information Seeking Behavior of the Baby-boomers as Pre-retirees (베이비붐세대 은퇴예정자의 정보이용행태에 관한 연구)

  • Park, Mi-Hyang;Lee, Jee-Yeon
    • Journal of the Korean Society for information Management
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    • v.28 no.2
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    • pp.195-208
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    • 2011
  • This study presents the findings from research on the Everyday Life Information Seeking (ELIS) behaviors of Korean government officials in their 50s. 500 survey respondents participated and the quantitative data were analyzed through Structural Equation Model having six key concepts such as personal information environment, information-seeking attitudes, online information attitudes, barriers to information seeking, retirement expectations, and library expectations. The findings showed the important relationships between expectations of the retirement and two constructs (personal information environment and information-seeking attitudes). This study can be used as a strategic implication for library practitioners to develop their library management process in accordance to the potential and powerful evolving user group in a future aged society.

A Comparison of Household Characteristics by Retirement Types: Focused on Traditional Retirement and Gradual Retirement (은퇴유형에 따른 은퇴가계 특성 비교: 전통적 은퇴와 점진적 은퇴를 중심으로)

  • Cha, Kyung-Wook;Kim, Yeon-Ju
    • Journal of Family Resource Management and Policy Review
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    • v.13 no.4
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    • pp.95-114
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    • 2009
  • This study compared demographic, economic and career characteristics between a traditional retirement group and a gradual retirement group. From the 2005 Korean Retirement and Income Study (KReIS), 780 traditional retirees and 265 gradual retirees were selected. A t-test, chi-square test and logistic regression analyses were completed. The findings of this study were as follows: First, there are gender and age differences between the traditional retirement group and the gradual retirement group. The gradual retirement group has a high proportion of male workers and older workers compared to the traditional retirement group. Second, members of the traditional retirement group have more income, more assets and less debt than members of the gradual retirement group; therefore, their financial structure is comparatively stable. Third, there is a large percentage of blue-collar workers (e.g., technical service, repair, operatives) in the gradual retirement group. Members of the gradual retirement group had worked for a shorter period during their career and had a lower wage rate than members of the traditional retirement group. Finally, male workers who are in their 60s and 70s, who do not have a public transfer income but have a higher level of career income, and are older when they end their career, are less likely to retire gradually. As they also have a higher level of debt, the probability of these workers selecting a gradual retirement route is high.

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Evaluation of Life Annuity Plans Based on Utility Maximization : Focused on Comparison with Money's Worth Ratio (효용 최적화를 통한 종신연금 계획의 가치 추정 : Money's Worth 비율과의 비교를 중심으로)

  • Yang, Jae-Hwan;Yuh, Yoon-Kyung
    • Korean Management Science Review
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    • v.27 no.1
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    • pp.45-60
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    • 2010
  • This study evaluates life annuity plans based on two different types of measures : financial benefit and utility on consumption. The financial benefit is measured by Money's Worth (MW) ratio and return on annuity. For the measure of utility, an optimization problem is formulated with the objective of maximizing utility on consumption. To solve the optimization model, we use Dynamic Programming (DP) technique. The both types of measures are applied to cases of Korean pre-retirees at age 40 with different accumulation years of annuity (i.e. level of annuity asset at the age of retirement) and different timings of annuitization. Our results generally indicate that the utility based optimization model is superior to the financial measures in terms of providing a better evaluation of an annuity plan due to its capability to consider an individual's financial situation during his/her retirement period. Also, they suggest that the level of annuity asset is an important factor when an individual determines the optimal annuitization timing.

A Study of the Pre-Retirees' Perception on Housing Environment - The Case of Daegu - (예비 은퇴자의 주거환경 의식에 관한 연구 - 대구시민을 중심으로 -)

  • Kim, Han-Soo;Park, Hye-Ji
    • Journal of the Korean housing association
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    • v.25 no.1
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    • pp.73-80
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    • 2014
  • Korea is quickly transforming into an aging society. As a reaction to the accelerated aging society in recent years, there is a growing need to introduce sustainable housing policies and strategies for aging society. The main purpose of this study is to explore where people want to live after retirement. Especially, this study focuses on the residential environment such as housing types, residential location, and living environment. The main findings are as follows. First, people preferred living in a sububan-style housing in the suburban or rural areas to living in a city-style housing in the urban areas. Second, people have a strong preference for the importance of convenience in using natural environment, medical service, and cultural facilities. Third, the family life style has been changed from children-oriented life style to couple-oriented life style by showing that people like to stay with a spouse rather than with their children after retirement.

Life Attitude Patterns and Post-Retirement Adaptation among Men Retirees (남성 퇴직자의 생활태도 유형화 및 유형별 퇴직후 적응도)

  • 성미애;옥선화
    • Journal of the Korean Home Economics Association
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    • v.40 no.1
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    • pp.1-21
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    • 2002
  • The purposes of this study is to classify retiree's job, leisure, and family attitude; to identify the characteristics of each attitude types; and to examine the retirement adaptation level of each attitude type. The major findings of the study are as follows: First, four attitude types can be categorized: 'the job involved attitude type', 'the total positive attitude type', 'the leisure positive attitude type', and 'the total negative attitude type'. Second, the result of the discriminant analysis shows that 'the job-family experience before retirement and number of unmarried children' element was the most crucial in classifying the retiree's attitude. And 'the retirement reception and individual resource element' was in orders of discrimination power Third, 'the total positive attitude type' is the highest level of retirement adaptation.

Analysis of Policy Priorities for Training Agro-healing Experts Using the AHP Method (치유농업 전문가 양성을 위한 정책 우선순위 분석)

  • Hong, Ji-Young;Lee, Byung-Oh
    • Journal of Agricultural Extension & Community Development
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    • v.23 no.4
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    • pp.419-429
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    • 2016
  • This study focuses on the policy priorities for training agro-healing experts. Training agro-healing experts is an important task that should boost local community in rural areas. In order to make an efficient decision making, the study analyses priority of relevant policies using the AHP(Analytic Hierarchy Process) method. According to the results, R&D comes out first. Human Resource Development(HRD), financial support, and the construction of legal system comes after R&D. In R&D, qualifications and guidelines for participants comes out the most significant issue. In the aspect of HRD, it is very important to develop and utilize regional personnel such as unemployed youth and retirees from related fields. As for financial support, funding for educational facilities (i.e. classrooms and farmland for practice) is needed. In case of legal system, it is desirable to introduce the recruiting experts system and qualification system certified by government.

Examining Trajectory of Retirees' Physical Health and Its Predictors : The Impact of Retirement Characteristics (중·고령은퇴자 신체건강 변화궤적의 예측요인 : 은퇴특성이 미치는 영향을 중심으로)

  • Jeong, Mee-Kyung
    • Proceedings of the Korea Contents Association Conference
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    • 2017.05a
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    • pp.375-376
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    • 2017
  • 본 연구는 은퇴 후 신체적 건강이 시간이 지남에 따라 어떤 변화양상을 나타내는지, 은퇴 후 신체적 건강에 영향을 주는 것으로 알려진 은퇴 특성(은퇴시점, 은퇴자발성 여부) 변인이 은퇴 후 신체적 건강의 궤적에 어떠한 영향을 미치는지를 분석하고자 하는 목적으로 실시되었다. 분석 자료는 국민노후보장패널 3차시(2009년), 4차시(2011년), 5차시(2013년) 종단자료이며, 2,857명을 대상으로 잠재성장모형 분석을 실시하였다. 연구결과, 첫째, 중 고령은퇴자의 신체적 건강은 시간의 흐름의 변화를 알아보기 위해 무조건부 모형을 통해 확인한 결과, 중 고령은퇴자들은 시간이 지남에 따라 더 높은 수준의 ADL 값을 갖는 것으로 나타났다. 둘째, 중 고령은퇴자의 신체적 건강변화와 관련이 있는 은퇴특성은 무엇인지 조건부 모형을 통해 알아본 결과, 은퇴 특성 변수로는 조기은퇴자일 때, 은퇴가 비자발적일 때, 건강상 이유로 은퇴했을 때 더 높은 ADL 초기값을 보였다. 또한 변화궤적 영향요인을 살펴본 결과, 은퇴특성에서는 어떤 변수도 유의성을 보이지 않았고, 인구사회학적 변수 중에서는 연령이 높을수록, 소득이 높을수록 ADL의 증가속도가 더욱 가파른 것으로 나타났다.

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