• Journal of Families and Better Life
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• v.25 no.1 s.85
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• pp.145-158
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• 2007

The purpose of this study was to elicit the multi-dimensions of retirement expectations, and explore sub-factors of retirement expectations which predict the possibility of worker's participation to each pre-retirement planning programs. The major findings were as follows: first, this study shows that there are four sub-factors; Imposed frustration, New beginning, Transition to rest, Continuing. And there was a significant difference in retirement expectation according to sex, age, income, and health status. Second, the major affecting factors on participation in pre-retirement planning programs were sex, age, job, educational attainment, and health status. Third, those who have retirement expectations of 'Imposed frustration' tend to attend re-employment, leisure, and health education. Those who have retirement expectations of 'Transition to rest' tend to attend re-employment, inauguration education. And those who have retirement of 'Continuing' tend to attend leisure education.

• Journal of the Korean Home Economics Association
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• v.44 no.12
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• pp.53-64
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• 2006

The purpose of this study was to investigate the variables on employees' retirement expectations divided into imposed frustration, new beginning, transition to rest, and continuing. Independent variables were individual(gender, age, occupation, income, education, and health condition), psychological(self-esteem, locus of control, attitude of leisure, and attitude of family), and job-related variables(job attitude, job satisfaction, and job stability). In order to achieve this purpose, a survey was conducted with 515 employees from Daegu and Kyungpook. Retirement expectations were measured with questionnaire based on several studies. The data analyzed by frequency, percentage, mean, factor analysis, Cronbach's $\alpha$, correlation, and multiple regression. The major findings were as follows. First, imposed frustration was affected by income, self-esteem, locus of control, job satisfaction, job attitude, and job stability. Second, new beginning was affected by self-esteem, locus of control, attitude toward leisure and family, and job stability. Individual variables were not statistically significant predictors of new beginning. Third, transition to rest was affected by locus of control, attitude toward family, job satisfaction, job attitude, and job stability. Individual variables were not statistically significant predictors of transition to rest. Finally, continuing was affected by age, education, job satisfaction. Psychological variables were not statistically significant predictors of continuing.

• 한국노년학
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• v.31 no.4
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• pp.855-870
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• 2011

This paper investigates the effect of retirement-related subjective expectations on the capital accumulation of the Korean baby-boom generation. Using the 1st, 2nd waves of the KLoSA (2006, 2008), we estimate the distributional effects with quantile regression. In addition, the endogeneity of the expectation variables is handled using the fixed effect model. The quantile regression results reveal that the schooling, gender and the number of children are important determinants, but their effects are heterogenous across quantiles to a significant margin. The expectations of the stronger bequest motives and longer lifespan turned out to lead to more capital accumulation. The expectation regarding the expanded role of government retirement support seemed to crowd out private savings for the baby boomers with the total assets over 0.7 percentile.

• Korean Journal of Clinical Laboratory Science
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• v.49 no.2
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• pp.171-179
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• 2017

This study investigated the influence factors of retirement expectations among medical technologists at medical centers in Seoul and Gyeonggi area, Korea. Subjects were 158 medical technologists. Using a sampling survey method, data was analyzed between July 2015 and December 2016. There was a negative correlation between educational level and economic preparation, but gender and monthly income did not reach retirement expectation level. Conversely, we found no change in the trends with respect to gender, monthly income; nonetheless, we observed that frustration gradually increased with age and working duration. In conclusion, our findings show that there are four factors that significantly influence retirement expectation and preparation: age, level of education, working duration, and family condition. This study contributes to understanding retirement expectations and can be a reference for retirement preparation in medical technologists.

• Proceeding of Spring/Autumn Annual Conference of KHA
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• 1998.08a
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• pp.56-59
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• 1998

• The Korean Journal of Community Living Science
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• v.22 no.4
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• pp.705-717
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• 2011

This research was based on surveys about differences of perception on retirement among the babe-boomers. Middle-aged men and women in their 40s' and 50s' residing in metropolitan areas centering around Seoul were the main targets for the surveys. Results indicated meaningful differences between men and women in the level of percection and expectation about their retirement. More specifically, men noted physical health, economic sufficiency and work as significant factors for happy retirement. Women, on the other hand, answered economic sufficiency first, and then physical health and relationship with spouse as the important variables for retirement. In addition, men and women portrayed different expectations for difficulties of retirement. Based on the survey results, this research proposed possible national, social, corporate, and individual approaches for secure retirement of the middle-aged baby-boom generation.

• 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.

• Journal of the Korean Society for information Management
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• v.28 no.2
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• pp.195-208
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• 2011

This study presents the findings from research on the Everyday Life Information Seeking (ELIS) behaviors of Korean government officials in their 50s. 500 survey respondents participated and the quantitative data were analyzed through Structural Equation Model having six key concepts such as personal information environment, information-seeking attitudes, online information attitudes, barriers to information seeking, retirement expectations, and library expectations. The findings showed the important relationships between expectations of the retirement and two constructs (personal information environment and information-seeking attitudes). This study can be used as a strategic implication for library practitioners to develop their library management process in accordance to the potential and powerful evolving user group in a future aged society.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.17 no.1
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• pp.251-265
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• 2022

According to the 2019 statistics of the National Statistical Office, the population of old people over 65 is 7.69 million which consists of 14.9% of total population in Korea, and the world's fastest compressed-aging is being processed. Employees engaged in financial business as representative high-wage workers tend to choose voluntary retirement regardless of their business types, and rarely get a new job or establish their own business successfully. This study analyzes the effects of retirement expectations, social supports, and entrepreneurial intention for employees engaged in financial business, and the differences by individual characteristics on the preparation for their old age. The subjects include 280 people working at Seoul metropolitan and Daegu area. The data were analyzed with the SPSS Win Ver. 18.0 for frequency analysis, reliability analysis, factor analysis, regression analysis, etc. and the results of the study are as follows. First, the result of analyzing the effect of retirement expectations of employees engaged in financial business on the preparation for old age shows that the retirement expectations of the people who consider retirement is a new start meaningfully affect the financial and physical preparations for old age. Second, it is shown that family relations for employees engaged in financial business meaningfully affect the financial preparation, and family relations and friendship relations meaningfully affect the emotional and social preparations, despite social supports do not relevantly affect the financial preparation for old age. Third, it is also shown that the entrepreneurial intention of employees engaged in financial business does not relevantly affect the financial and physical preparations, but meaningfully affects the emotional and social preparations for old age. Fourth, the result of analyzing the effect of the individual characteristics of employees engaged in financial business on the preparation for their old age shows that age, marital status, and job grade do not relevantly affect, but the experience of entrepreneurship education more affects the preparation for old age than no-experience.

• Survey Research
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• v.7 no.2
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• pp.97-122
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• 2006

Korean Longitudinal Study of Ageing(KLoSA)', launched in 2006, has developed a research network with 'Health and Retirement Study(HRS, US),' Studies on Health and Retirement in Europe(SHARE, EU),' and 'English Longitudinal Study of Ageing(ELSA, UK)'and tried to construct a mega data library. The KLoSA team has designed their research with focusing on the following three points, in order to use KLoSA for international comparative studies. First, KLoSA shares the key research areas such as family structure, health, employment, income, asset, subjective expectations with the comparable studies. Second, KLoSA team has developed the instrument to reflect the Korean culture and institutions. They considered the institutional characteristics in public pension and health care system and in employment practices. They also counted the cultural conventions in family life such as financial management and care exchange, Finally, KLoSA tries to capture the psychological characteristics of the Korean elderly by making the measurement scales more understandable.