• Title/Summary/Keyword: retirement adjustment

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The Factors Affecting Retirement Adjustment by Elapsed Time from Middle-Aged & Advanced-Aged Retiree's Retirement (중고령 은퇴자들의 은퇴 후 경과기간별 은퇴생활적응의 영향요인)

  • Kim, Ji-Kyung;Song, Hyun-Ju
    • Journal of the Korean Home Economics Association
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    • v.48 no.6
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    • pp.83-101
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    • 2010
  • Using the first wave of KLoSA(Korean Longitudinal study of Aging) beta version, this study analyzed factors affecting retirement adjustment by elapsed time from retiree's retirement through Binary Logit and Multinomial Logit Analysis. Participants were 1,780 retiree. The main results of this study were as follows : First, The retiree's education(-), health status(-), region(+), dwelling type(-), monthly household income(-), employment type before retirement(+), retirement reason(+), and the elapsed time from retirement(-) were affected whether they satisfied with pre-retirement or not. Second, The gender(-), age(-), and the region(+) were affected whether they satisfied with life after retirement or not. Third, The gender(-), age(-), education(+), heath status(+), dwelling type(+), monthly household income(+), retirement reason(-), and the elapsed time from retirement(+) were affected on their satisfaction after retirement compared to pre-retirement. Last, The different factors affected the life satisfaction after retirement by elapsed time from retirement.

Resilience and Adjustment of Retired Husbands and Wives (퇴직한 남편과 그 부인의 탄력성과 적응분석)

  • 김명자
    • Journal of Families and Better Life
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    • v.21 no.6
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    • pp.117-127
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    • 2003
  • This study examined the effect of resilience on the adjustment of retired husbands and their wives. Data was collected from 174 retired husbands and their wives in the Seoul metropolitan area. Collected data were analyzed by mean score, percentile, paired-t tests and regression analyses. The major findings were as follows : 1. There was no significant difference in the adjustments between retired husbands and their wives. 2. Individual resilience, family resilience and social resilience had a strong impact on the adjustment of retired husbands and their wives. Self-esteem, acceptance of retirement, communication between the couple, family cohesion, and retirement policy had a significantly positive impact on the husbands' adjustment. 3. As for the adjustment of the wives, self-esteem, communication between the couple, family cohesion, acceptance of husbands' retirement and religious activity had a significantly positive impact. In summary, this study shows the importance of resilience in the adjustment of retired husbands and their wives.

Exploring housing consumption adjustment of pre-retirees after retirement using ordered probit model in terms of different housing size (순위프로빗모형을 이용한 예비은퇴자의 주택소비 조정 의향 결정요인 분석 - 주택규모의 변화를 중심으로 -)

  • Lee, So-Young;Kim, Ji-Hyun;Choi, Youn-Young
    • Journal of Cadastre & Land InformatiX
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    • v.48 no.1
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    • pp.35-53
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    • 2018
  • Recently, there is a growing interest in housing policy to prepare for the aging society. The purpose of this study is exploring the factors that explain housing consumption and adjustment of pre-retirees after retirement. 1,351 samples were collected from A bank and analyzed. There categories of housing consumption adjustment were considered including downsizing, maintain, and upsizing. Gender, educational level, housing size, housing type, asset size, and willingness to work after retirement were examined to see if they can explain the housing consumption adjustment of pre-retirees using orderd- probit model. The finding of this study is that housing size, asset size, and willingness to work after retirement statistically significantly explain the housing consumption adjustment. At specific, firstly, if the current size of the housing is relatively large, it is highly likely to downsize housing after retirement. Second, pre-retiree whose assets exceeded 1 billion won were more likely to scale up housing than assets of over 300 million to less than 500 million won. Lastly, unless there is absolutely no willingness to work after retirement, it is indicated that it intends to up-sizing consumption rather than down-sizing adjustment. The results of this study can provide useful information for the housing policy in order to prepare for the (post) aged society.

The Effects of Family Functionality and Self-efficacy on Retirement Anxiety Among Middle-aged Men (중년남성의 가족기능성, 자기효능감이 은퇴불안에 미치는 영향)

  • Lim, Kyoung-Min;Park, Jung-Hoon;Oh, Chang-Seok
    • The Korean Journal of Health Service Management
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    • v.12 no.3
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    • pp.131-141
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    • 2018
  • Objectives: This study was designed to determine the effects of middle-aged men's family functionality and self-efficacy on their retirement anxiety, in order to produce methods to alleviate this anxiety, including providing basic information for devising programs that help middle-aged men get better adjusted to and increase their awareness about retirement. Methods: For data collection, the study surveyed 364 middle-aged men who were residing in B Metropolitan City from February. 10 to 25, 2017. Results: This study found that the primary factor influencing middle-aged men's retirement anxiety is self-efficacy, for which the explanatory power for the surveyed men's retirement anxiety was 52.0%. In contrast, family functionality had no effect on retirement anxiety. Conclusions: To make middle-aged men less anxious about retirement, a variety of programs must be created and implemented that help them improve their self-efficacy prior to retirement. Furthermore, these men should be provided with educational and intervention programs that facilitate their adjustment to retirement and increase their awareness about retirement.

A Study on the Affected Variables to the Adjustment of Retired Men (남성퇴직자의 적응에 영향을 미치는 변인에 관한 연구)

  • Kim, Myung-Cha;Park, Mi-Kum;Song, Mal-Hee
    • Journal of the Korean Home Economics Association
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    • v.43 no.2
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    • pp.143-158
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    • 2005
  • The purpose of this study was to determine the protective factors that strengthen the adaptation ability by analyzing individual, family, and social activities variables which impact on the adjustment of retired men. The sample for final data analysis was 233 questionnaires completed by retired men aged from 45 to 65 years living in Seoul and the Metropolitan area. Statistical analyses were carried out using SPSS/WIN which included Frequencies, t-test, one-way ANOVA, and regression analysis. The results were as follows: 1. The degree of the retired men's adaptation was 3.22 out of 5. 2. The retired men's adaptation was affected by the variables in the following order: marital satisfaction, economic life satisfaction, acceptance for retirement, recreational facilities satisfaction, recognition for retirement, and cohesion. These variables explained 65.3% of the retired men's adaptation to life. The findings of this study could be utilized as basic data for developing educational programs and guiding policy-making to help retired men achieve development.

The Study on Retirement Age Adjustment Reflecting Possible Workability of Elderly Population

  • Jonghoon Park;Hyewon Shin
    • Asian Journal of Innovation and Policy
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    • v.12 no.3
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    • pp.363-382
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    • 2023
  • This study aims to discern the determinants influencing the perception of workability among the elderly population and delineate an appropriate retirement age within the labor market context. Employing binary logistic regression, this research utilizes data from the Korea Welfare Panel Study (2008, 2012, 2016, and 2020) provided by the Korea Institute for Health and Social Welfare. The findings indicate that key factors shaping the elderly's perception of workability encompass familial responsibilities (household and marital status) and their levels of physical and mental well-being. Econometric analysis suggests an anticipated retirement age for the elderly population ranging between 67 and 69 years. In addressing labor market demands and informing policymakers, the study proposes deliberations on extending the retirement age for individuals aged 60 to 65. This range serves as a compromise between the identified retirement age of 67 to 69 and the current average retirement age for elderly labor market participants. Bridging the disparity between the perceived workability age and the prevailing labor market baseline is crucial for achieving social consensus. Therefore, any extension of the retirement age should carefully consider both the demand and supply perspectives within the labor market. The study's contribution lies in two main aspects: firstly, presenting a retirement age framework for the labor market that integrates the workability of the elderly population, and secondly, providing evidence-based research outcomes to guide informed labor policies.

A Qualitative Study on the Adaptation Process of Middle-Aged and Elderly Couples with Retired Husbands (남편의 은퇴 이후 중노년기 부부의 적응과정에 관한 질적 연구)

  • Lee, Ju Yeon;Kim, Deuksung
    • Human Ecology Research
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    • v.53 no.2
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    • pp.179-193
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    • 2015
  • This study examined the retirement adaptation process for middle-aged and elderly couples. Twelve couples who had experienced retirement were recruited by theoretical sampling. Data were collected through in-depth interviews and analyzed through the grounded theory approach of Strauss and Corbin (1998). This study showed the results of 124 concepts, 41 sub-categories and 17 categories indicated through an open coding process. As a paradigm in axial coding, the causal conditions in the adjustment procedures of elderly couples whose spouses are retired were 'retirement preparation,' 'retirement acceptance,' and 'marital satisfaction.' A central phenomenon was 'crisis and conflicts of twilight couples.' The contextual conditions that correspond to this phenomenon were 'psychological separation from adult children,' 'division of household labor,' and 'economic status.' The action/interaction strategies to control the phenomenon were 'recognition of marital relationships,' 'conflicts coping,' 'resolution methods,' and 'self-reflection.' The intervening conditions that facilitate action/interaction strategies were 'attitudes of husbands,' 'mutual awareness of couple,' 'health status,' and 'support systems.' The consequences were 'readaptation of marital relationships,' and 'unresolved conflicts,' and 'trying alone.' This research classified middle-aged and elderly couples' adaptation into three types such as mutual effort, separation & resignation, and conflicts vestige. The findings provide basic information to develop a retirement adaptation program for the middle-aged and elderly.

Vocational Adjustment in Elderly Men Who Chose a Creative Occupation after Retirement (퇴직 후 창의적 직업을 선택한 남성 노인의 직업적응 경험)

  • Lee, Hak Seung;Jun, Hey Jung
    • 한국노년학
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    • v.39 no.2
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    • pp.261-284
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    • 2019
  • This study examines the vocational adjustment experiences of elderly men who chose a creative occupation after retirement. The aims are to understand the related meanings and to provide specific empirical data on the elderly who hope to start a creative occupation. Five men aged 65 years or older who chose a creative occupation after retirement were enrolled in the study. Data were collected through in-depth interviews with the participants. The collected data were qualitatively analyzed, and a total of 7 categories, 25 subcategories, and 132 concepts were identified. The seven categories were "challenge led by a sense of freedom," "reflection of the need for 'fun,'" "difficulties and limitations felt by a non-expert," "concerns and effort to afford the increasing expenses," "joy for accomplishment," "ways to utilize my creativity," and "reward from increased social participation." The participants felt that adjusting to a creative occupation was a process by which their potential creativity was expressed. They felt the joy of working that they had not felt before, and the series of processes by which they overcame difficulties during work and increased their social participation were in line with the goals of creative aging. In order to help older adults in Korea to choose and adjust to creative occupations in their older adulthood, there is a need for creative-occupation-related education prior to retirement and for various policies and practical efforts that consider the change of social environment. Furthermore, our findings suggest that choosing a creative occupation after retirement is an effective measure for promoting successful aging among the elderly in Korea.

A Study on the Tendency to Employment of Elderly (노인의 취업성향에 관한 연구 -취업노인과 비취업노인의 비교-)

  • Yi, Yeong-Sug
    • Korean Journal of Human Ecology
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    • v.16 no.2
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    • pp.285-298
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    • 2007
  • The purpose of this study is to find out specific ways to invigorate the employment of the elderly. To achieve this goal, attitude and information about elderly employment were required, and the groups divided based on them were found. The results of the research are as follows: 1. Attitudes toward employment of the elderly was considerably positive. Among the attitudes, the attitude toward employment-support was the most positive, and the attitude toward employment-motive was relatively less positive. 2. The extent the elderly possessed information about employment was comparatively limited, and quite a low score was shown in knowledge of employment-information of the elderly, which means the elderly are not exposed to the ways to get employed. 3. The groups were divided in four type: passive-stagnation, positive-adjustment, lack of information-work oriented, retirement oriented. Of the employed, the positive-adjustment were the most and the passive-stagnation were the least, while the lack of information-work oriented were the most and the retirement oriented were the least of the unemployed. The result that the lack of information-work oriented were the most of the unemployed shows the choice of unemployment was not an intended one.

A Study on Transition to Retirement of the Middle-Aged in Korea: Focused on the Career Job and the Bridge Job (우리나라 중·고령자의 은퇴 과정에 관한 연구: 생애주된일자리와 가교일자리를 중심으로)

  • Choi, Okgeum
    • 한국노년학
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    • v.31 no.1
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    • pp.15-31
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    • 2011
  • The purpose of this study is to explore the transition to retirement of the middle-aged in Korea according to the notion of "the career job" and "the bridge job". In order to scrutinize basic elements for the transition, three aspects such as the job history of the middle-aged, the characteristics of the demographic and economic status were investigated through the one to three wave of Korean Retirement and Income Study(KReIS). In addition, the characteristics of the career job and the bridge job were analyzed by both descriptive statistics and the conditional transition probability. Moreover, the influential factors to the job status of the middle-aged were examined by the multi-nominal logistic regression. The results of the study are as followed: first, gradual retirement is increasing in the transition to retirement of the middle-aged in Korea. Over time, the career job is decreasing whilst bridge job is increasing. However, the quality of the bridge job is poorer than the career job in terms of wage, employment status, industry, and occupation. Lastly, the middle-aged who work in the bridge job have vulnerable characteristics, so they work in the bridge job to supplement their economic needs. The results can be influential in the adjustment of the labor policies for the middle-aged in Korea. Moreover, the partial pension system could be a good alternative since the pension system is needed to protect the vulnerable situation of the middle-aged in Korea.