• Title/Summary/Keyword: Retirement education

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Financial Check-up: What Determines the Boomers' Financial Well-Being?

  • Baek, Eun-Young;Bae, Mi-Kyeong
    • International Journal of Human Ecology
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    • v.5 no.1
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    • pp.83-95
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    • 2004
  • The purpose of the study was to examine the determinants of financial well-being of the baby boomers. With data on 1,789 households from the 1998 Survey of Consumer Finances, the study provided a profile of baby boomers using demands, resources, financial attitudes, and financial practices. The descriptive statistics showed that 18% of the baby boomers were financially well off showing that they met the guidelines for two financial ratios: liquidity and solvency ratio. The results of logistic analysis on the measures of financial well-being revealed that financial management practices played an important role in predicting boomer's financial well-being. This suggested a positive approach of financial education to the baby boomers to help them manage their current finance well as well as prepare for their retirement.

Development and Evaluation of Financial Management Education Program for College Students (대학생을 위한 재무관리교육 프로그램 개발 및 평가)

  • Jeong, Woon-Young;Hwang, Duck-Soon
    • Korean Journal of Human Ecology
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    • v.15 no.6
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    • pp.999-1014
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    • 2006
  • The purpose of this study were to develop a financial management educational program for college students and to evaluate the effect of this program. In order to achieve this aims, a fundamental work to select the educational contents was preceded with a survey of learners' needs, preceding studies. After choice of educational contents, learners' demands on how to manage the educational program was executed in advance. The participants in this study were 500 students, resulting in 460 with usable data. Second, reflection the above mentioned educational contents, a concrete financial management educational program was built. This program consists of 9 domains: financial planning, careers and income, consumer spending, credit use and Credit cards, Managing Taxes, investment planning, risk management and insurance, retirement and estate planning, contribution. The participants for this program implementation were 68 students. Third, to evaluate the effects of the financial management educational program, paired t-test was conducted in using the SPSS package. The result suggested that financial management educational program has a positive effect on financial knowledge, financial attitude and financial management behavior. Several implications based on the findings were suggested.

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Influences of Work Characteristics on Older Workers' Job Satisfaction: Focusing on Gender Differences (고령근로자의 직무만족도에 직무특성이 미치는 영향: 성별에 따른 차이를 중심으로)

  • Jung, Yunkyung
    • The Korean Journal of Community Living Science
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    • v.24 no.1
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    • pp.119-132
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    • 2013
  • This study aims to understand potential gender differences in the association between job characteristics and job satisfaction among older workers. The data are from 506 males and 202 females older than 55 from the first wave of the Korean Longitudinal Study of Ageing(KLoSA). Analyses focused on examining gender differences in the influences of subjective evaluation of work characteristics measured with education and skill fits of the work, work demands, customary early retirement, as well as more objective job conditions assessed with insurances by the employer, work hours, and salary on job satisfaction. Regression analyses revealed that female workers showed higher job satisfaction while job characteristics worked differently between genders to affect job satisfaction. For males, fitting the job with education and job demands were determining factors of job satisfaction, while the job with skills and work hours appeared to be significant factors for females. Results suggest that opportunities to utilize older workers' human capital and flexible working hours, especially for females workers would be helpful in promoting older adults' employment and satisfaction about their work.

A Study on economic preparations for aging of middle-old aged women (중고령 여성의 경제적 노후준비에 관한 연구)

  • Park, Hyo-Jin
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.10
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    • pp.6618-6626
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    • 2015
  • This study was designed to explore the factors affecting economic preparations for aging of middle-old aged women. Using fourth Korean retirement and income study panel data of National Pension Reacher Institute. The researcher explored the characteristics of preparation for the old age life who middle-old aged women and analyzed the factors affecting economic preparations for aging of middle-old aged women. The results were as follows. The the factors affecting economic preparations for aging of middle-old aged women were education level, subjective health status, a number of adolescent children(14-19), a number of adolescent children(20-39), public pension, financial asset and debt. On the basis of this results, suggestions for policy were offered.

Old Age Preparation and Life Satisfaction by Income Levels (중장년층의 소득계층별 노후준비와 삶의 만족도)

  • Jung, Joowon;Cho, So Yeon
    • Journal of Family Resource Management and Policy Review
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    • v.19 no.4
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    • pp.19-33
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    • 2015
  • The purpose of this study is to explain. It also examines and compares factors influencing life satisfaction among the middle-aged at various income levels. The data source for this study was the third additional wave and the fourth wave of the Korean Retirement and Income The study sample consisted of 1,723 middle-aged (age 50-64) individuals. The data analysis methods included the chi-square test, ANOVA, and multiple regression analysis. The results were as follows. First, there was a positive relationship between old age preparation and life satisfaction. Second, it was found that old age preparations (physical, emotional, social, financial) and life satisfaction show meaningful relationships among the income levels. Third, old age preparation was found to have different meaningful impacts on life satisfaction among the income levels. The results of this study verify the degree of the relationship between old age preparation and life satisfaction and the different impact factors relating to old age preparation for life satisfaction among the income levels.

A Descriptive Study on the Economic Activities of Middle-aged Adult Wage Workers

  • Lim, Ahn Na
    • International journal of advanced smart convergence
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    • v.8 no.3
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    • pp.1-6
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    • 2019
  • Adults in their middle age are being held back by their roles through economic activities, but their rapid retirement and job sharing are adding to their anxiety. Also, it is very important to establish welfare policies for the elderly in the future because it can predict the economic situation in the old age through the economic activities of middle-aged adults. My study analyzed the 6th data of Kreis of the National Pension Research Institute's. The number of people studied is 2,552 employed people aged 40 or over 64 across the country. According to the analysis, there were more men than women. There were many high school graduates and 50s. There were many people who had spouses and who lived in the province. Wage workers represented 53.1% of the total. The lower the age, the higher the level of education, the higher the number of wage earners. Only 29% of standard workers and 30.8% of regular workers were employed. There were many economically unstable middle-aged adults. Economic instability in the middle age requires social attention because it can lead to poverty in old age. Therefore, measures should be taken to ensure stable jobs for middle-aged adults, whose spending increases more than their income.

Psychological Aspects of Job Satisfaction Among Library and Information Science Professionals

  • Pandita, Ramesh;Dominic, J.
    • Journal of Information Science Theory and Practice
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    • v.6 no.4
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    • pp.17-27
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    • 2018
  • This study assesses the psychological aspects which influence job satisfaction among library and information science professionals. The study is based on primary data collected from the library and information science professionals working in the higher education institutions of Jammu and Kashmir, India. In all 264 responses were collected, comprising 44.3% male respondents and 55.7% females. The majority, 74.2% of respondents, are under 45 years of age, while 67.4% of respondents have a master's degree in library and information science. Of the total respondents, 7.6% conceded to being incompetent, while 13.3% viewed their peers as incompetent. The majority, 25% of respondents, replied that the library profession is a thankless job and 70.8% of respondents viewed that they are emotionally attached to their profession, while at the gender level, compared to 75.5% females, 65% of male respondents admitted to being emotionally attached to their profession. The encouraging part is that 26.5% of respondents replied that they love doing their job beyond office hours and 75.8% of respondents replied that they would not seek voluntary retirement, while 41.7% of respondents showed willingness to continue working as library and information science professionals postretirement, if engaged.

Direction of Elderly Education in the Age of Science and Technology (과학기술 시대 노인교육의 방향)

  • Yoon Ok Han
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.2
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    • pp.1-10
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    • 2024
  • The purpose of this study is to explore the direction of elderly education in the age of science and technology. The research contents to achieve the research purpose are, first, to examine the current status of elderly education, and second, to suggest the direction of elderly education in the age of science and technology. Due to the current status of education for the elderly, education for the elderly continues to change and develop, and various programs and activities are provided to help the elderly enjoy a richer retirement life. According to the survey report on the elderly, 11.9% of all elderly people participate in learning activities. Senior welfare centers accounted for the largest number of institutions conducting learning activities for elderly education learning activities participants at 35.5%. First, in the direction of elderly education in the age of science and technology, education on the use of digital technology and information is necessary in the composition of elderly education contents. Second, in the case of elderly education methods, customized elderly education methods are needed. Third, in the case of operating elderly education institutions, specialized education centers for elderly education must be further strengthened and supported. The international community is already forming a consensus that the establishment of new social systems and financial investment due to the increase in the elderly population should be considered a new growth engine rather than a social crisis. Although there is a burden on the social security sector due to the increase in the elderly population, there is a shift in the direction of recognizing the potential capabilities and experiences of the elderly and returning them to social resources. Elderly education in the age of science and technology needs to change to a direction that can build a healthy and progressive society in the future.

The impact of entrepreneurship education on middle-aged and older people starting their own business (창업 교육이 중장년 창업에 미치는 영향)

  • Hwa-Hee Kim;Dong-Il Kim
    • Journal of Digital Convergence
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    • v.22 no.1
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    • pp.33-38
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    • 2024
  • In recent years, as more and more middle-aged people who worked at companies are retiring, they are becoming interested in starting their own businesses, and the rate of middle-aged people starting businesses is increasing. The purpose of this study was to analyze the quality and satisfaction of educational services and trust in educational institutions in providing entrepreneurship education to prospective entrepreneurs over the age of 40 who want to start a business, and to analyze the impact of entrepreneurship education on entrepreneurship in the future. Afterwards, the goal is to establish an education strategy to improve the quality of entrepreneurship education. To achieve the purpose of the study, a hypothesis was established and an empirical analysis was conducted on educated prospective entrepreneurs and retirees over 40 years of age. As a result of the analysis, it was confirmed that confidence and reliability ultimately influence the factors that increase satisfaction with entrepreneurship education for middle-aged and older people. Satisfaction was found to play a meaningful role in trust. The research points out that entrepreneurship education institutions should provide education centered on the trainees rather than entrepreneurship education centered on support organizations. Moreover, due to the diversity of education, not only the content and method of education but also the education of employees working in supporting organizations is important.

A Study on the Life Recognition of Retired Seafarers (해기직업 은퇴 생활자의 인식도 연구)

  • Kim, Young-Mo
    • Journal of Navigation and Port Research
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    • v.35 no.1
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    • pp.39-44
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    • 2011
  • This study aims to inform seafarers to prepare their retired life by researching the life style of ex-seafarers. These information will also help seafarers to increase job satisfaction and government to establish national policy. 217 retirees who have several educational background responded the research questionnaire. Research results are as follows; First, Korean seafarers' retired ages are faster than shore employee due to the isolation from their families and society. Second, life satisfaction of retired seafarers depends on the level of life expenses regardless the educational background or length of sea life. Third, the level of retired life expenses of shore based, higher education background or short sea-life seafarers is higher than the sea based, lower education background or long sea-life seafarers. Forth, life style of retired seafarers is staying at home regardless their expectation during career period. Finally special seafarers' social security is needed and education to the ex-seafarers will help re-enter for sea-life.