• Title/Summary/Keyword: retired elderly

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The Factors Contributing to Financial Resources Interchange Type and Amounts of the Middle Aged and the Elderly Household (중.고령자가구의 경제적 자원 교류유형 및 교류액에 영향을 미치는 요인)

  • Kim, Soon-Mi;Park, Mee-Ryeo
    • Journal of Families and Better Life
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    • v.26 no.5
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    • pp.1-14
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    • 2008
  • The purpose of this study was to examine factors contributing to financial resources interchange type and amount of the middle aged and the elderly household. For this study, the 6th KLIPS data was used, and sample size was 1,679 households including those with head of household being over the age of 50. Statistical analysis was conducted to examine frequency, percentile, mean and standard deviation, Pearson's correlation, Anova, Duncan's multiple range test and Heckman analysis First, Interchange amount of Benefits type household was significantly different according to the householder's gender, existence or nonexistence of a spouse, age, educational background, home ownership, family type and place of residence. However, interchange amount of provide- type households were significantly different according tohouseholder's gender, existence or nonexistence of a spouse, educational background, whether retired or not, and home ownership. Second, The receptive type of households and net receptive expense of households in terms of the financial resources interchanges and the findings of Heckman analyses suggest that the variables to have a significant effect on the receptive types of financial interchanges were as gender, age, education level, retired or not, and current economics. Factors having an effects on net receptive expense were age, and family type and for the number of receptive of financial resources, whether there is the receptive of financial resources, total income, total asset. Third, The supplying type of households and net supplying expense of households in terms of the financial resources interchanges, whether or not the type of financially supplying households is significant were residential area, total income, house ownership. Factor having an effect net supplying expense were age, family type, whether there is the supplying of financial resources, family satisfaction, and house ownership.

Sustainability of Spending and Adjustable Level of Consumption According to a Step-by-step Use of Retirement Assets : Focused on Overspending Households of Single Retired Elderly (자산의 단계적 사용에 따른 생활유지가능성과 조정가능 소비수준 : 초과지출을 하는 1인 은퇴노인가계를 대상으로)

  • Kim, Min-Jeung
    • Journal of Family Resource Management and Policy Review
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    • v.16 no.4
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    • pp.45-68
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    • 2012
  • This study performed an analysis to determine if an individual can maintain the current consumption, in the case of a single retired elderly person's household using the accumulated assets. Assets are divided into three types, based on the behavioral economics life cycle hypothesis : financial assets, real assets excepting residential assets, and residential assets, and it is assumed that these assets were used on a step-by-step basis. Also, if the assets were sufficient, the maximum withdrawal amount was calculated. The results of the analysis are as follows. First, the monetary assets were sufficient to cover the cost of living for 2.7 years, 6.4 years by using the real assets of the non-occupied housing, and 26.3 years in the case of residential property. Second, in the case of preferentially using the financial assets, 4.4% of the sample households were able to cover the cost of living. Households that were not able to cover the cost of living used the next-stage assets, real assets of the non-occupied housing. Households that were not able to cover the cost of living by financial assets liquidated the real assets with the exception of residential assets and used these to cover the cost of living. A total of 4.8% of the households were able to maintain the current cost of living through the second stage and 25.5% supplemented their funds by using residential assets. That is to say, 35% of the sample households were able to maintain the current level of living by using their assets.

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The Rural Housing Planning Reflecting the Needs of the Elderly People Engaged in Farming Activities (생산 활동에 참여하는 고령자의 요구를 반영한 농촌주거계획)

  • Lee, Youn-Jae
    • Korean Institute of Interior Design Journal
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    • v.24 no.5
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    • pp.12-20
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    • 2015
  • The objective of this paper is to propose rural housing planning guidelines by conducting a survey on the needs of the elderly people engaged in farming activities and looking into complaints about their houses targeting 120 people from 50s to 70s. The method employed was a survey with questionnaires. The survey results showed the needs of the elderly for the rural housing are different from those of general retired elderly people because they still engage in farming activities even if they grow old. The needs are as follows. First, the respondents show high preference for the foyer storage to store equipments and goods related to agriculture. Second, the respondents have needs for enough kitchen area accommodating their house work and rural life. Lastly, the respondents highly prefer well planned storehouses in the exterior. In addition, they also want the storehouses directly connected with the house because this plan can save their workforce. They recognize storehouses are the most poorly planned space in the rural house because of the unsatisfactory space area and interior space planning. These needs should be reflected on the planning of rural housing for the elderly engaged in farming activities.

Factors on Continuing Participation in the Eldrly Employment Program with the Semi-Elderly (준고령자의 노인일자리사업 참여 지속성 요인)

  • Kim, Je-Sun;Kim, Sun-Woong
    • The Journal of the Korea Contents Association
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    • v.16 no.4
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    • pp.718-728
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    • 2016
  • The purpose of this study is how the semi-elderly have been participated in the elderly employment program, and to find what are the factors influencing their keeping on the work since retired from the Lavor market. To convert the Row-data obtained from Korea Labor Force Development Institute for the aged, 13,370cases were used to analyze finally. The date analysis was applied with Frequency, percentage, mean, standard deviation, correlation and Logistic regression using program of SPSS 18.0. The analysis is shows that semi-elderly who had participated in more than 270 days a year in elderly employment program formed 41.2%. The most important factor that the semi-elderly have been participated in working is payment, and others are gender, solitary life, motivation of working and type of elderly employment program. Based on the results of this study, We conducted policy suggestion to achieve the purposes of elderly employment program and to make income from it, for semi-elderly retiring from the labor market.

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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Analysis of Chinese Provinces for Introduction of Reverse Mortgage Scheme Using Principal Component Analysis (주성분분석을 활용한 중국 행정구역별 역모기지 도입 순위 분석)

  • Wang, Ping;Kim, Jipyo
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.2
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    • pp.205-214
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    • 2014
  • As a result of the rapid economic growth and birth control policy, China is experiencing low fertility rates and increasing life expectancy, which makes Chinese population aging very quickly and unprepared for their retired life. The reverse mortgage may be an attractive option for the elderly because it is a loan against a house that they do not have to pay back as long as they live there. In this paper, in order to introduce the reverse mortgage scheme in China the factors that could influence the demand of reverse mortgage are reviewed and the Chinese market environment is analyzed. Then the principal component analysis is performed in order to recommend the regions or cities that have higher potential for successful implementation of a reverse mortgage than any other ones in China.

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 Effects of Smartphone Use on Structured Social Network Types among Retired Older Adults in South Korea (스마트폰 이용이 은퇴 노인의 구조적 사회관계망에 미치는 영향)

  • Um, Sa Rang;Chio, Eun Young;Cho, Sung Eun;Chio, In Jung;Kim, Young Sun
    • 한국노년학
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    • v.38 no.3
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    • pp.481-499
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    • 2018
  • The purpose of this study is to examine the impacts of smartphone use on structured social network types in the Korean elderly population. Data was derived from the 2014 survey of living conditions and welfare needs of Korean older persons collected by Korea Institute for Health and Social Affairs. A total of 4,180 participants were selected for the Propensity Score Matching (PSM) analysis. Based on propensity score estimates, the 491 smartphone users (treatment group) and 491 featurephone users (control group) were matched. Ordinary Least Squares (OLS) regression analysis was conducted to examine the relationship between smartphone use and structural social network types. The results showed that among retired older adults, people using smartphone had significantly better structured social networks than those using featurephone even after controlling for covariates. Smartphone users had the higher levels of social contact and social activity. These findings suggested empirical evidence that using smartphone positively affects structured social networks, which might be used as the basis for designing intervention programs to promote social networks and social engagement of retired older adults.

A Study on Elderly Services by Elderly in Public Libraries in A Post-aged Society: Focusing on the Busan Metropolitan City Public Library (초고령사회 공공도서관 노인이용자를 위한 '노노 서비스(老老 service)' 방안 연구 - 부산광역시 공공도서관을 중심으로 -)

  • Myung Sook, Kim
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.34 no.1
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    • pp.75-96
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    • 2023
  • The purpose of this study is to prepare and present a plan for the elderly service, in which the elderly become service providers and beneficiaries for the elderly who have emerged as the main library users in the face of a post-aged society. As a result of a survey of 119 elderly users of public libraries in the Busan area and an interview with a focus group of librarians at G Library, it was confirmed that the elderly service was needed. The most necessary services in terms of the beneficiaries of the Elderly Services by Elderly were surveyed in the order of computer information search help service, library usage guide service, book search method guide service, and recommended or popular book guide service. In terms of 'Elderly Services by Elderly' providers, the willingness to participate was the highest among those in their 60s, and the preferred method of participation was paid volunteer work three times a week, within four hours a day. Accordingly, it was analyzed that participants were recruited in connection with the social contribution activities of the government employment program for the elderly and prior training was necessary. In addition, the need for the creation of a community space for the elderly and the participation of retired librarians was raised.

The Effects of Related Factors on Quality of Life for the Elderly (노인의 삶의 질 관련요인 분석)

  • Kang, Lee-Ju
    • Journal of Families and Better Life
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    • v.26 no.5
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    • pp.129-142
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    • 2008
  • This study examines how economic and psychological characteristics affect the quality of life (QoL) of elderly individuals age 60 and older, who live in the Seoul-metropolitan area. Relationships among socio-demographic status, economic conditions, psychological characteristics, family life, health status, and QoL are examined by t-test and ANOVA(Duncan's test as post hoc multiple comparisons), and the multiple regression analysis is used to estimate QoL determinants in the elderly. The major findings of the study are as follows. First, younger age, higher education levels, better health status, harmonious family relations, higher levels of household income, lower levels of loneliness, and higher self-esteems are related to higher QoL levels. Second, the impacts of factors on QoL are differentiated according to tercile groups that divide monthly allowance of respondents into three categories: below normal (threshold amount below 21MW), near normal (threshold amount between 21MW and 35MW), and above normal (threshold amount above 35MW). For each tercile group, poor health status or higher loneliness have negative effects on QoL, while harmonious family relationship has a positive effect. For the below-normal group, years of education or self-esteem have positive effects, while age or retirement status have negative effects when controlling for other factors. For the near-normal group, being married, or perceived financial insecurity create lower QoL levels, while higher self-esteem increases QoL levels. For the above-normal group, being widowed, employed, or retired have positive effects on QoL, when controlling for other variables. Third, even among elderly with high allowances, the effects of health status and family relationship are significant determinants that explain QoL levels. This result suggests that, for te elderly, poor health status and poor family relationships severely decrease QoL in later life, regardless of economic condition.