• Title/Summary/Keyword: reasons for retirement

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U.S. Baby Boomers' Intention to Move and Reasons for Moving after Retirement (은퇴 후 주거이동 의사가 있는 미국 베이비붐 세대의 주거이동 요인분석)

  • Kwon, Hyun Joo
    • Journal of the Korean housing association
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    • v.25 no.5
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    • pp.73-82
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    • 2014
  • The purpose of this study is to identify U.S. Baby Boomers' intention to move and their reasons for moving after retirement, and to examine the associations between their socio-demographic characteristics and housing characteristics, and their reasons for moving after retirement factors. A total of 403 usable data were collected through an online survey using a self-administrated questionnaire. For data analyses, descriptive statistics, factor analysis, t-test, and ANOVA were used. Almost 30% of the total respondents considered moving and 15% were strongly agreed to move after their retirement. The most frequently mentioned reasons for moving after retirement were 'a place with good weather', 'being close to leisure activities', and 'a change or decline of my current neighborhood'. Four factors of reasons for moving after retirement (quality of residential environment, need assistant, proximity to activities, and proximity to family/friends) were identified. Age, marital status, number of household, housing type, homeownership, length of residence, and number of bedroom were significantly associated with the four factors of reasons for moving. The results of this study provide a better understanding to U.S. Baby Boomers' housing behavior after retirement which is 10 years faster than Korea, and suggest insights of housing plan for Korean older adults.

Korean Middle-Aged and Elderly Men's Experiences of Retirement and Life Satisfaction after Retirement (한국 중고령 남성의 은퇴 경험과 은퇴 후 삶의 질)

  • Kim, Mi-Young;Son, Seo-Hee;Park, Mee-Sok
    • Journal of Family Resource Management and Policy Review
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    • v.15 no.4
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    • pp.65-78
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    • 2011
  • The purpose of this study was to examine the experience of retirement and how life satisfaction after retirement differs depending on the individual, family, and social characteristics of middle-aged and elderly Korean men and the experience of retirement. Data were drawn from the first wave of the Korean Longitudinal Study of Ageing (KLoSA). The sample consisted of 278 retired middle-aged and elderly Korean men aged between 45 and 64. The results showed that middle-aged and elderly Korean retirees' reasons for retirement differed depending on their health satisfaction. In addition, their retirement satisfaction varied according to their education, health satisfaction, economic satisfaction, and reasons for retirement. Regarding their life satisfaction, it was predicted by their age and satisfaction with health status, economic situation, marriage, and relationship with their children.

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The Effect of Retirement on Health Behavior: Analyses by Reasons for Retirement (은퇴가 건강행동에 미치는 영향: 은퇴사유에 따른 분석)

  • Ha, Mi-ok;Kim, Mi-hee;Ko, Young-sook
    • 한국노년학
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    • v.36 no.4
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    • pp.1125-1139
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    • 2016
  • The current study examines whether retirement changes health behaviors and how the effect differs by reasons for retirement. This study conducts fixed-effects logistic regression analyses, using data from the Korean Longitudinal Study of Aging (KLoSA) over the period 2006 through 2014. Results indicates that retirees are more likely to participate in regular exercise compared to their employed counterparts. Retirement is positively associated with participation in regular exercise regardless of reasons for retirement. The odds of being engaged in smoking among retirees are 50% less relative to those for employees. However, analyses by reasons for retirement reveal that only participants who retired for health problems or reaching retirement age are less likely to smoke cigarettes compared to employed participants. Retirees show significantly lower odds in drinking compared to employees. Yet, further analyses present that only individuals who retired due to health problems are less likely to drink alcohol. Overall, these results suggest that retirement may provide opportunities for positive changes in health behaviors. The present study imply that individuals who retired due to health problems benefits most from retirement in terms of health behaviors compared to retirees who retired for other reasons.

Dual Earner Couple's Interdependent Retirement Decision - Focusing on Spouses'Involuntary Retirement - (부부은퇴의 상호의존성 연구 - 배우자의 은퇴여부 및 은퇴자발성을 중심으로 -)

  • Ham, Sunyu;Hong, Baegeui
    • Korean Journal of Social Welfare
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    • v.67 no.3
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    • pp.281-303
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    • 2015
  • This study examined the interdependent retirement decision between husbands and wives. Since most of retirees in Korea retired by involuntary reasons such as health problems, it purposes to test whether the involuntary retirement of husbands(wives) influences the retirement decision of wives(husbands). Using data from 4th Korean Longitudinal Study of Ageing Panel, it conducted probit and multivariate probit analysis on 1,038 dual-earner couples aged 51~76 to test interdependence of couples' retirement. The results showed that husbands who have retired wife were more likely to retire. It also proved that involuntary retirement of spouse is a significant predictor of early retirement decision, though the direction of the effect is reversed by gender. Wives were more likely to retire when husband were retired involuntarily, while husbands were more likely to stay in labor market. These findings helped to understand the retirement decision of aged couples in Korea and brought suggestion on labor market and care policies for aged couples.

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The Prevalence of Retirement Planning Among Women in Malaysia - A Conceptual Article

  • DAUKIN, Mellisa;MOHD ISA, Mohd Yaziz;MOHAMED, Zulkifflee
    • Journal of Wellbeing Management and Applied Psychology
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    • v.5 no.4
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    • pp.1-9
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    • 2022
  • Purpose: Many people recognize the fact that women are basically poor at financial and retirement planning. A small number of scholars have explored the factors and situations that influence the level of awareness of pre-retirement women and men with regards to planning for their retirement years. In most developing countries, including Malaysia, there are more men in the younger segment of the population and more women in the older segment, since women tend to live longer than men due to having jobs of relatively lower risk, their behaviors, and activities. Research design, data and methodology: Given that it is hard to predict whether they will be healthy in old age, women may require additional resources to obtain the care and assistance that they need. The transition from career life into retirement is a long process for people to go through. Some may be able to prepare for the next stage of life, and some may not be able to prepare due to personal reasons. Planning for future retirement is important because it will affect the quality of a woman's life after a certain age. Results: Without proper planning, women may face financial instability, depression, and poor psychological well-being. However, many women are unaware of their financial status or do not know their family's financial status, such as tracking the main income, budget, and expenses, financial commitments and have no proper record of assets owned, loans owed, or updated loan balances. Conclusions: The findings of this research have led to the conclusion that pre-retiree women are likely to regard their retirement savings as sufficient without realizing that they should have at least several types of savings instead of just one, and the grave consequences of not having any savings at all for their retirement years.

Factors Effecting on the Rural Life Satisfaction of Returners to the Farm After Retirement (은퇴 후 귀농인의 농촌생활만족도에 영향을 미치는 요인)

  • Park, Gong-Ju;Yoon, Soon-Duck;Kang, Kyeong-Ha
    • Journal of Korean Society of Rural Planning
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    • v.12 no.4 s.33
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    • pp.63-76
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    • 2006
  • This research tried to present some basic data necessary to give effective support to urban retirees who already returned to the farm by looking into factors effecting on their adjustments to the lives before they returned to the farm and after they did so to know how well they adapt to the rural lives. For the purpose, we made a survey of 408 returners to the farm over the age of 50 for 6 days from October 18 to October 23 in 2004 using questionaires. The results show the followings. First, there are significant difference in the satisfaction with the rural life occurred by the sociological demographic changes according to 'health condition', 'subjective economic ability' and 'previous job'. Second, the difference of satisfaction with the rural lift which was taken place by the reasons before they moved to the farm is effected considerably by what made them decide to return to the farm first whether they prepared for it or not and how much money they have to do so. Therefore, to succeed in adjustment to the rural lives, their decision should be made by positive causes, they have to prepare concretely for it before they carry out their plans and they had better have enough money to move. Third, the difference of satisfaction with the rural life occurred by the reasons after they moved to the farm is effected by 'satisfaction with the forming information', 'the number of friends or neighbors', 'the frequency of meeting the friendly', 'the level of intimacy with neighbors' and 'their efforts to improve the relations with other residents'. And the sensitiveness to perceive the inconvenience according to the rural life is related strongly to the satisfaction with the rural life in the above 6 areas. Fourth, the repression analysis implemented to find how much the above 3 factors effect on the satisfaction with the rural life shows that it is 'returner's current health condition', 'farming education', 'farming fund' and 'effort to be intimate with other residents' that are very important.

Study on the Urban housewives' management behavior for the increase of their assets (도시주부의 "자산증식을 위한 행동"에 관한 연구)

  • 강혜경
    • Journal of the Korean Home Economics Association
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    • v.28 no.3
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    • pp.87-103
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    • 1990
  • The purpose of this study is to provide basis data to understand the urban housewives' assets management behavior. The result can be summarized as follows: 1. The more urban housewives were educated, the more they were satisfied with methods of assets management. So it turned out that the educational improvement of husbands and wives brought forth the satisfaction of their lives. From this result, we can conclude that more improved education is essential to us. 2. Specifically, age is an important factor of the reasons of assets management. Among housewives below 40 years old. the preparation for purchasing durable goods and more leisure was the main reason for assets management. Among housewives from 40 to 50, the preparation for expenditures of education and marriage of their children was the main reason. Among housewives above 50, the preparation for their retirement was the main reason. As results, we can notice that they don't make a long-range plan positively but they usually prepare expenditures for their seasonable needs. So we have to emphasize on educating them to make a long-range plan.

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Characteristics of Pre-Elderly's Housing Mobility Living in Seoul and New Towns in the Capital Area (서울 및 근교신도시 예비노인층의 주거이동 특성)

  • Kwon, Oh-Jung
    • Korean Institute of Interior Design Journal
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    • v.24 no.4
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    • pp.99-110
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    • 2015
  • The purpose of this study is to identify pre-elderly's housing mobility related characteristics (reasons for moving, change of personal life after move, housing attachment, and plan to future move) and to examine the associations between their socio-demographic characteristics and housing characteristics, and their housing mobility related characteristics. A total of 200 usable data were collected through personal survey using a questionnaire developed by the researcher. Samples were selected in Seoul and new towns in the capital area and a survey conducted from February, 2014 to December, 2014. For the analyses, descriptive statistics, factor analysis, t-test and ANOVA were used. The most frequently mentioned reasons for moving were 'a good place for nature and retirement life'. Age, education level, liiving expenses, locaion, tenure status, and housing size were the variables to show significant difference to reasons for moving. Respondents experienced positive personal life changes after moving, especially, 'physical health' and outgoing activity'. Respondents who moved to a new town was more positively changed. Personal life changes was the most important variable associated with 3 factors of housing attachment. Location, tenure status, housing size were the major variables to show differences to housing attaachment. Also, personal life changes after moving and housing attachment were the important variables affecting a plan to future move. In other words, the respondents who do not plan to future move showed higher positive life change and strong housing attachment.

The Effects of Rural Migrant Characteristics and Conjugal Communication on Life Satisfaction of Baby Boomer Rural Migrants (베이비부머 귀농인의 귀농관련 특성과 부부간 의사소통 수준이 농촌생활만족도에 미치는 영향)

  • Kim, Beagsu;Lee, Jeonghwa
    • The Korean Journal of Community Living Science
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    • v.27 no.1
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    • pp.49-65
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    • 2016
  • This study explores the effects of rural migrant characteristics and conjugal communication on life satisfaction of baby boomer rural migrants. A total of 205 Korean baby boomers, who are living in rural areas in the year of 2013 that had migrated from cities back in 2003 with their families, were analyzed. Their age ranged from 49 to 57 years. The statistical methods used for data analysis were descriptive statistics, t-test, and hierarchical regression analysis, with SPSS Win 20.0 program. The results of this study are summarized as follows: the reasons these baby boomers chose a rural lifestyle were 'for life after retirement,' 'because rural life is good,' 'for health reasons,' and 'for chosen profession.' The level of conjugal communication (M=3.69) and life satisfaction (M=3.23) were higher than average (M=3.0). The variables influencing life satisfaction of baby boomer rural migrants were 'increased property size,' 'better conjugal communication,' 'better health condition,' 'lower levels of money,' and 'length of time spent farming.' Furthermore, in terms of life satisfaction, the relative contributions of these variables are as follows: general characteristics 20%, rural migrant characteristics 10%, and the level of conjugal communication 6%. These results show that conjugal communication is a very important variable, as well as a rural migrant characteristic when it comes to life satisfaction of these baby boomers. Therefore, to improve life satisfaction of baby boomer rural migrants, support programs need to focus on both farming and conjugal relationships.

How Facebook Functions in a Social Movement: An Examination Using the Web Mining Approach

  • Cao, Wenny;Cheong, Angus;Li, Zizi
    • Asian Journal for Public Opinion Research
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    • v.1 no.4
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    • pp.268-291
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    • 2014
  • Social media is becoming more and more important in social movements. This study, adopting the web mining approach, attempts to investigate how social media, Facebook in particular, functioned in the "May 25 Protest" and the "May 27 Protest", two movements which broke out in Macao on 25 and 27 May 2014, respectively, against the Retirement Package Bill. In the two protests, Macao residents deployed Facebook to share information and motivated people's participation. Twelve events (181,106 people invited) and 36 groups/pages (41,266 members) related on Facebook were examined. Results showed that the information flow on Facebook fluctuated in accordance with the event development in reality. Multiple patterns of manifestation, such as video of adopted news or songs, designed profile (protest icon), original ironic pictures, self-organized clubs by undergraduates and white T-shirts as a symbol, among others, appeared online and interacted with offline actions. It was also found that social media assisted the information diffusion and provided persuasive reasons for netizens to join the movement. Social media helped to expand movement influence in providing a platform for diversified performances for actions taken in a protest, which could express and develop core and consistent movement repertoire.