• Title/Summary/Keyword: Retirement Age

Search Result 295, Processing Time 0.023 seconds

Study on Forecasting Factors of Baby Boomer's Social Participation Desire After Retirement (베이비붐 세대의 노후 사회참여 의향 예측요인에 관한 연구)

  • Kim, Jong-In;Kim, Yun-Jeong
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.14 no.2
    • /
    • pp.655-664
    • /
    • 2013
  • This study aims to identify forecasting factors of baby boomer's social participation desire. For this purpose, I utilized Hyun-Jung Kang(2012)'s data whose 1,115 sample were collected based on residential area and gender. The major findings are as follows; First, 77.7% of baby boomers are actually participating in economic activities. 27.0% in volunteering activities and 79.3% in leisure activities. 80.9% of baby boomers have intention to participate in economic activities after retirement, 76.7% in volunteering activities after retirement and 82.2% in leisure activities after retirement. Second, looking at the relationship between current social activity participation and intention to participate after retirement, those who are currently having social activities turn out to have higher intention to participate social activities after retirement. Those who wish to participate in social activities, although they don't participate in social activities currently, turn out to be 55.8% for economic activities, 70.6% for volunteering activities and 66.5% for leisure activities. Third, whether they are currently participating in social activities turns out to be most compelling forecasting factor for the desire on social participation after retirement. These results were discussed in terms of the continuity theory. and proposed that you need from the preparation of Middle - aged to activate the participation of important social variables known as old age life satisfaction.

A Study of Conglomerate Executives in Adaptation Processes after Involuntary Retirement (한국 대기업 중년 남성 임원들의 비자발적 퇴직 이후 적응과정 연구)

  • Koo, Jabok;Jung, Taeyun
    • Korean Journal of Culture and Social Issue
    • /
    • v.26 no.4
    • /
    • pp.379-407
    • /
    • 2020
  • This study examined the psychological and social factors of middle-aged conglomerate executives in Korea for successful adaptation after their involuntary retirement. For this, in-depth interviews on 13 retired executives (male, average age 58.2) including changes over time and their assessment or interpretation on them were conducted, and the contents were analyzed in phenomenological methods. As a result, 'financial preparation' and 'spousal support' were predisposing factors of adaptation. The starting point of adaptation was 'acceptance of reality', which consisted of subfactors such as reevaluating the past life, acknowledging various changes and deviating from the past, accepting themselves as common retiree in the 50s, living with anxiety, and the need of proper time. Next, they made cognitive and emotional reevaluations and reevaluated the value of life, and reestablished 'psychological reconstruction' and 'ego identity' through new activities that they chose. Their retirement and adaptation processes after retirement are the conflicting process from their experience as a conglomerate executive that satisfied psychological and social capital and the consequent story on maladaptive coping style, as well as a narration in cognitive, emotional and behavioral perspectives to overcome such disharmony. Results of this study provides implications for corporations, nation and retirees on handling retirement.

A Study about Preparation of old age of Korean dental technicians (한국 치과기공사의 노후 준비에 관한 연구)

  • Lee, Sun-Kyoung
    • Journal of Technologic Dentistry
    • /
    • v.37 no.3
    • /
    • pp.145-155
    • /
    • 2015
  • Purpose: The Purpose of the study is to investigate the need for the preparation of old age of Korean dental technicians. Methods: A total of 778 dental technicians were selected by proportional stratified by region compared to extraction sampling from a list of Korea dental technician Association in 2012. The final sample size was 386. Questionnaires consisted of 9 general characteristics, recognition of old age 4, and preparation of old age 9 on a Liken 5 scale. Cronbach's alpha was 0.784 in the study. All statistical analyzed were performed using SPSS 14.0(Statistical Packages for Social Science Ver. 14.0. Chicago, IL, USA). Results: Factors affecting the aging preparation is gender, age, clinical career, work place(p<0.001). Conclusion: This study suggested that preparation for old age of Korean dental technicians was very important and the preparation must be connected with the social welfare policy.

Decision Tree Analysis for Prediction Model of Poverty of The Older Population in South Korea

  • Lee, Soochang;Kim, Daechan
    • International Journal of Advanced Culture Technology
    • /
    • v.10 no.2
    • /
    • pp.28-33
    • /
    • 2022
  • This study aims to investigate factors that affect elderly poverty based on a comprehensive and universal perspective, suggesting some alternatives for improving the poverty rate of the elderly. The comprehensive and universal approach to the poverty of the aged that this study attempts can give a better understanding of the elderly poverty beyond the contribution of the existing literature, with the research model including individual, family, labor, and income factors as the causes of old-age poverty from the comprehensive and universal perspective on the causes of poverty of the elderly. In addition, the study attempts to input variants of variables into the equation for the causes of elderly poverty by using panel data from the 8th Korean Retirement and Income Study. This study employs decision tree analysis to determine the cause of the poverty of the elderly using CHAID. The decision tree analysis shows that the most vital variable affecting elderly poverty is making income. For the poor elderly without earned income, public pensions, educational careers, and residential areas influence elderly poverty, but for the poor elderly with earned income, wage earners and gender are variables that affect poverty. This study suggests some alternatives to improve the poverty rate of the aged. The government should create a better working environment such as senior re-employment for old people to be able to participate in economic activities, improve public pension or social security for workers with unfavorable conditions for public security of old age, and give companies that create employment of the aged diverse incentives.

Analysis of Withdrawal Strategies in Retirement Assets Reflecting Risk Aversion Based on Programmed Withdrawal (위험회피성향을 반영한 퇴직자산 지급방식 분석에 관한 연구 - Programmed Withdrawal 중심으로)

  • Yeo, Jeong-Mi;Kang, Jung-Chul;Sung, Joo-Ho
    • Communications for Statistical Applications and Methods
    • /
    • v.17 no.5
    • /
    • pp.653-666
    • /
    • 2010
  • Under the retirement pension plan enforced since December 2005, retirees can just choose the payout strategy either of a lump sum allowance or of an annuity in receiving the retirement benefit. Therefore, it is imperative to review and introduce the program withdrawal system enforced by countries with mature pension plan, and complement the limitations of the current payout strategy in the future. In this study, the appropriateness of each of the payout strategies related to the program withdrawal system is examined in terms of shortfall risk and bequest fund per each risk propensity through the expected utility model that reflects the age of the retiree.

Characteristics of Urban households that want to move to rural area after retirement. (은퇴 후 귀촌 희망 가구의 사회경제적 특성 및 지역 간 차이 분석)

  • Noh, Seung Chul
    • Journal of the Korean Regional Science Association
    • /
    • v.31 no.2
    • /
    • pp.29-45
    • /
    • 2015
  • Urban household's interest in moving to rural area after retirement have been increasing. Most of them live in rural areal for the sake of pleasant natural environment such as fresh air, clean water. The purpose of the study is to analyse characteristics of them and factors affecting their decision. In 2010, about 27% of urban households wish to migrate to rural area after retirement. The results from the random intercept binary logit model implies that 40~50 age, less high-school graduate and middle-income households are more likely to move. And households are more concerned with residential environment-noise, air, water- than house condition. Also, more people have moved to rural in the region. more households wish to move. It implies that information about urban-to-rural migration and life in rural area affect people's positive attitude to move to rural after their retirement.

The Gender Division of Housework in the Choson Period as Expressed in Genre Painting (조선시대 가사노동의 성별분업: 풍속화 분석을 중심으로)

  • Kim, Sung-Hee;Lee, Ki-Young
    • Journal of Family Resource Management and Policy Review
    • /
    • v.11 no.3
    • /
    • pp.1-21
    • /
    • 2007
  • The purpose of this study is to investigate the gender division of housework in the Choson period. The gender division in the Choson period has been considered as discriminative because women had to remain indoors and were excluded in social works. But in fact the Confucian idea, which regulated the relation between women and men, emphasized the gender difference and not gender discrimination. Actually it can be seen in genre painting of Choson period that women and men worked complimentarily indoors. So this article intends to explore the possibilities of the new analysis of the traditional gender division of housework by reviewing the paintings. As the results indicate, men in the Choson period were involved in some housework, in contrast to the common idea that they maintained their authority by not participating housework. There is also some evidence that gender division benefited women to protect their own productive territory or to satisfy their needs. So it is suggested that gender division in the Choson period should be considered as a source of power as well as a disadvantage to women. Forth, the employed mens' reemployment decision was affected from their household income, expected income after retirement, pension ownership, and attitude toward retirement. From the findings, it can be concluded that the employed mens' age, economic status, and attitude toward retirement played a important role in the process of retirement and reemployment decision making.

  • PDF

Suitability of stochastic models for mortality projection in Korea: a follow-up discussion

  • Le, Thu Thi Ngoc;Kwon, Hyuk-Sung
    • Communications for Statistical Applications and Methods
    • /
    • v.28 no.2
    • /
    • pp.171-188
    • /
    • 2021
  • Due to an increased demand for longevity risk analysis, various stochastic models have been suggested to evaluate uncertainly in estimated life expectancy and the associated value of future annuity payments. Recently updated data allow us to analyze mortality for a longer historical period and extended age ranges. This study followed up previous case studies using up-to-date empirical data on Korean mortality and the recently developed R package StMoMo for stochastic mortality models analysis. The suitability of stochastic mortality models, focusing on retirement ages, was investigated with goodness-of-fit, validity of models, and ability of generating reasonable sets of simulation paths of future mortality. Comparisons were made across various types of models. Based on the selected models, the variability of important estimated measures associated with pension, annuity, and reverse mortgage were quantified using simulations.

Labor Transition of Middle-aged and Elderly and the Effects of Perceived Job Stability on Poverty Exit (중·고령층 고용변화 추이와 고용안정성이 탈빈곤에 미치는 영향)

  • Kang, Sung-Ho;Jo, Joon-Yong
    • The Journal of the Korea Contents Association
    • /
    • v.16 no.2
    • /
    • pp.231-242
    • /
    • 2016
  • This study analyses labor transition of middle-aged and elderly in Korea utilizing Korean Longitudinal Study of Ageing(KLoSA). Then it estimates the effects of perceived job stability for the middle-aged and elderly on poverty exit based on the age group simulation. The outcomes suggest that mid-50s and over are highly vulnerable to early retirement and they suffer from unstable employment and low possibility of re-employment. The logit analysis that simulates the effects of perceived job stability on poverty exit shows that mid-50s are more likely to get off the poverty than 65 and over when they have stable jobs. These implies that labor market policies should be designed in a tailor-made manner in consideration of the age group and its characteristics. This study also suggests the introduction of progressive labor policy measures that extends retirement age, that provides with job opportunities to middle-age and elderly, and that links employment and welfare under the umbrella of income security plan for the middle-aged and elderly.

An Analysis on Identifying Typology of Intergenerational Relationship and Affecting Factors among the Old Retirees According to the Eligibility of Public Pension (공적연금 수급 여부에 따른 노년기 세대관계 잠재 유형 분류 및 영향 요인 분석)

  • Jo, Gee-Yong;Lee, Jong-Ha
    • Journal of Family Resource Management and Policy Review
    • /
    • v.17 no.4
    • /
    • pp.189-213
    • /
    • 2013
  • The purpose of this work is to explore different types of intergenerational relationships in the later lives of old retirees. This will be done according to the eligibility of public pension and the old age social security system so that the factors affecting intergenerational relationships can be analyzed, and to propose a plan to improve social adaptation in later life. The data used in this work are the Fourth basic survey data of the 2011 Korea Retirement and Income Study. The study subjects of this work were 2,435 retirees over age 65 who had children. In this study, latent class analysis and logistic regression analysis were conducted to classify types of intergenerational relationships and to analyze the influence of relevant factors. As a result of the analysis, some of those in the group were eligible for public pension, and the ones who were not were classified into three types: the closely-living-together type, the separate-living-contact type, and the estrangement type. In the group not eligible for public pension, it was found that age, spouse, number of children, economic factors, and level of health satisfaction gave significant power to intergenerational relationships. In the group eligible for public pension, it was found that age, income and net assets, ADL(Activities of Daily Living), whether there was an IADL(Instrumental Activities of Daily Living) spouse, and number of children affected types of intergenerational relationships; Socio-demographic factors, economic factors, and healthy factors became significant variables according to the classified types of intergenerational relationship. Based on the study results, this work suggested such necessities to lay the foundation for an elderly welfare system for social adaptation in later life, This includes the offering of programs for retirement preparation, the use of family and local society resources, and expansion of the opportunity to participate in social activities.

  • PDF