• KIEAE Journal
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• v.11 no.5
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• pp.119-127
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• 2011

The aging population has been increasing in Korea so that it is difficult for people to understand the change of the future society. This study aimed to analyze the characteristics of preliminary retiree's alternative housing preference by providing an accurate information about residential current issues and the seriousness brought by the aging society. It explained the visual information about the aspect of the residential change due to the aging society to 104 preliminary retirees who live in the apartment in Seoul. It surveyed the characteristics of the alternative housing preference following 4 situations of the Old age type(couple/healthy, couple/ill, single/healthy, single/ill). It analyzed the difference of housing preference before and after providing information. The results are as follows: First, a previous apartment is not enough to prepare the aging society and UIBS(unit insertion building system) for the elderly was expected to be a great help to the frail after 2026. Second, the preference of UIBS was increased after providing information of the aging society. Third, in the case of the illness, a big city with medical facilities was preferred not to move in the suburb. Fourth, after providing information, a small size of apartment was preferred but the preferred change of housing ownership was not founded. Last, there was considerable difference before and after providing information under 4 situation of Old age type. These results showed the feasibility of coping with more accurate future society only if a survey should be taken with providing sufficient information about the aging society.

• Journal of Families and Better Life
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• v.26 no.1
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• pp.149-163
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• 2008

This study examined the expectations and attitudes toward retirement, and financial planning for retirement among paid workers aged 20s and 30s. It compared paid workers' socio-economic, and retirement-related characteristics between those who had retirement planning and those who did not, and identified factors important to retirement planning decision. Data for this study were from a questionnaire completed by paid workers in age 20s and 30s (n=227), and were analyzed by t-tests, chi-square tests, and a logistic regression model. The findings of this study were as follows: First, the paid workers' expected retirement age was 56, and their ideal age for retirement was about 60. More than 85% of workers agreed that the retirement planning should begin before age 40, but just 51 % of the workers had retirement planning. Second, the workers aged 30s, married, and those who had higher incomes and home ownership were more likely to prepare financially for their retirement. Third, as their expected retirement age increased, the probability of decision to retirement planning increased. Those who expected that the economic status of retirees' living would be same as their current economic status were more likely to have retirement planning. The positive attitudes toward retirement had significant effect on the decision to have retirement planning.

• Communications for Statistical Applications and Methods
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• v.17 no.5
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• pp.653-666
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• 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.

• Journal of The Korea Institute of Healthcare Architecture
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• v.20 no.4
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• pp.81-89
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• 2014

Purpose : An aging phenomenon was recognized as only negative aspect, which impediment a development with the decrease of a developing population and increase of social burden. Nevertheless, the problem of aging cannot be treated as a problem of individuals or social burden. Because Every mankind sometime will be the person directly involved the aging. Methods : Korea, predict to reach the aging society with over 20 percent of elderly in the whole population in 2020, should find an active political plan for responding. Because a previous discussion about the aging phenomenon focused on social welfare, the housing plan for the elderly with a consideration of the physical environment for sustaining elderly's life with happiness will be primary task. Results : This research considers housing policy, focusing on the medical service. It is because statistics, which 85 percent of elderly people suffer from chronic diseases because of physical aging signify the importance of medical service to the elderly in every-day-life. Implications : We prescribe the elderly as a population over 65. In this duration, the elderly retirees from the workplace e and spend the majority of time in their home. Thus, for the elderly, the residential space is a field of action and passageway connecting with the surroundings For the solution of physical space preparing the aging phenomenon, the combination of residential and medical function creates a new type of a lifestyle.

• Journal of Korean Society of Rural Planning
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• v.12 no.3 s.32
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• pp.97-106
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• 2006

In this study was investigated the value of rural residence in later life from the personal, regional, and national perspective. For this purpose, a three-round Delphi technique was used to collect data through a series of surveys to obtain the consensus of a group of 38 experts in value of rural residence in later life in the future. In the first round was sent to them unstructured questionnaire and in the second and third round, the summarized results of the first and second round were delivered to rate the importance of each item for confirmation and validation of the results. Data were analyzed using content analysis and descriptive statistics. The major findings of this study are as follows: First, the personal, regional, and national value of rural residence in later life was selected 7 domains 23 items, 4 domains 22 items, and 3 domains 20 items respectively. Experts consented that the value from the personal perspective will be the highest among 3 perspectives. Second, as the value of rural residence from the personal perspective, it was showed nature-friendly life, physical health emotional serenity, lower expenditure, enjoyable filming, feeding the safe food, and etc,. As the value of it from the regional perspective was showed usage of retirees' speciality and experience to community development and the increase of recreational function in the rural. Also, from the national perspective, it was showed the sustainability of the rural, the establishment of welfare base, balanced development between regions. Based on these results, policy implications were discussed.

• 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.

• 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.

• The Korean Journal of Community Living Science
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• v.18 no.3
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• pp.455-467
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• 2007

Recently, there has been a gradual growth of retired in-migrants in high-amenity, rural areas in Korea. However, little has known about that the retirement migration is a blessing or a blight for a local economy in Korea. Therefore, in this study, we intend to explore the relationship between retirement migration and economic development of rural communities in Korea. For this purpose, we used the 1995 and 2000 census data and annual regional statistics for 138 counties in Korea. Based on the previous empirical studies, economic development was measured by 3 indicators such as GRDP (Gross Regional Domestic Product), job creation in the wholesale and retail sector, and the increase of local tax. Also, cross-tab, scatter plot, and correlation were analyzed using the SPSS Windows Program. The finding are as follows: First, from 1995 to 2000, nearly 11 percent of rural counties showed 10 percent and over increase of in-migration rate among retirees. Second, correlation statistics showed a close relationship between retirement in-migrant flows and economic resurgence. In particular, retirement in-migration rates were significantly tied to the job creation of the wholesale and retail sector (r=.19, p<.05) as well as car ownership rate (r=.58, p<.001) resulting in the increase of local tax. However, there was non-significantly positive correlation between retirement in-migrant flows and GRDP change (r=.13). Knowledge of these relationships will be important to policy-makers and for understanding the role that retirement in-migration play in stimulating economic growth of rural communities in Korea.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.4
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• pp.2548-2555
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• 2015

The purpose of this study was to examine the impact of a re-employment education to job-seeking anxiety, job-seeking stress and Career belief in an effort to prove the effectiveness of re-employment education. The subjects in this study were 67 believer who were users of G church in the city of K. A re-employment education was conducted in fourteen sessions, once a week. The major findings of the study were as follows: First, the experimental group who participated in the re-employment education felt less job-seeking anxiety. Second, the experimental group who participated in the re-employment education felt less job-seeking stress. Third, the experimental group who participated in the re-employment education showed improvement in Career belief.

• Convergence Security Journal
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• v.13 no.2
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• pp.185-193
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• 2013

Military personnel work in high stress situations and carry great responsibilites, leaving them little time to plan effectively for their retirement; typically, they tend to assume that their employer (the government) will do that planning for them. Focussing intensely on their jobs, retirement often finds them ill-prepared, and this in spite of the recent increase in discussion in society at large about retirement and how to deal with it. Government therefore needs to be more proactive in assisting these occupational groups in their exit from the workforce, especially because, as the baby-boomers age, the rate of retirements will increase dramatically. As well, whereas in the past, an average retirement extended for roughly a decade, today, a retirement could last as long as twenty-five to thirty years, with attendant cost pressures on retirement funds. This in turn will increase the burden on the rising generation, who will have to pay for those pensions. But while government has a role to play, retirees also have to be more active in planning for their retirement, and in particular, planning for second careers, rather than simple retirement. Government can assist here by developing programs to help military personel find a second career, thus reducing their reliance on pension funds, and reducing financial pressures too. As well, such planning would emphasize and enhance self-reliance, which can only be to the good of the larger society.