• The Journal of Industrial Distribution & Business
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• v.10 no.12
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• pp.25-34
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• 2019

Purpose - In this study, we would like to analyze how the general characteristics of retired senior citizens affect directly the satisfaction of retirees' lives. As the life cycle continues to grow longer, post-retirement environment is recognized as important, and this study is conducted to analysis the factors that concerns which parts influence future retirement life. Research design, data, and methodology - First, Pearson's correlation analysis was conducted to analyze the correlation between the satisfaction of retirement life and the characteristics of the elderly. Secondly, a one-way analysis of variance was conducted to find out the difference in the satisfaction level of post-retirement life depending on the characteristics of the elderly. Results - First, the demographic factors for the satisfaction of retirement life have shown a definite difference. Second, the family factors for the satisfaction of retirement life have shown a clear difference. Third, financial factors for the satisfaction of retirement life have shown a clear difference. Conclusions - Early retirement, especially in major jobs, is the basis for incomplete retirement preparation, which is a factor in unstable later life. If a prospective retiree can retire in a predictable retirement age, it would be sufficient to prepare for retirement in various areas, or to prepare for further directions.

• 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.

• Journal of the Korean Home Economics Association
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• v.29 no.2
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• pp.217-240
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• 1991

The primary purpose of this study is to construct a path model in which shows how the background variables, retirement-related variables, and perceptions of stress in retirement influence life satisfaction among retirees. Data from a probability sample of retirees who are not employed as a full - time (n of retirees=261)are used. The social stress model, developed by House (1974) and George (1980), presented and tested in this research focuses on the perspective of the retirees. The major findings are: 1. The retirees perceive relatively high levels of stress in retirement. 2. Levels of living standard, health status, and locus of control are significant factors in differentiating the degrees of perceived stress in retirement and life satisfaction. 3. Concerning the retirement variables, the previous job satisfaction, plans and preparatins for leisure activities and financial arrangement contribute to differentiate the degrees of perceived stress in retirement and life satisfaction. 4. While health status, locus of control, and the perceptions of stress in retirement influence directly on life satisfaction, age, education, income, and activity level influence indirectly through the retirement - related variables and the perceptions of stress in retirement on life satisfaction. The significant impact of the perceptions of stress in retirement upon life satisfaction receives strong support.

• Journal of Korean Academy of Nursing
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• v.48 no.2
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• pp.154-166
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• 2018

Purpose: This study aimed to identify the actor and partner effects of health status, marital satisfaction, and self efficacy on retirement preparation in middle aged couples using the Actor-Partner Interdependence Model. Methods: Participants were 121 middle aged couples living in Seoul, Gyeonggi-do and Daegu City, Korea. All measures were self-administered. The collected data were analyzed using SPSS 20.0 and AMOS 20.0. Results: 1) Wife's self efficacy and marital satisfaction showed direct actor and partner effects on retirement preparation in middle aged couples. Wife's health status showed an indirect actor effect through wife's self efficacy and marital satisfaction on wife's retirement preparation, and showed an indirect partner effect through husband's self efficacy on husband's retirement preparation. 2) Husband's self efficacy and marital satisfaction showed only direct actor effect on retirement preparation. Health status among the husbands showed an indirect actor effect on husband's retirement preparation through their self efficacy and marital satisfaction, and an indirect partner effect through wife's marital satisfaction on wife's retirement preparation. 3) The actor effect size of health status on self efficacy and marital satisfaction was larger among husband's than wife's. Additionally, the partner effect size of health status on self efficacy and marital satisfaction was different between the two groups; however, the actor and partner effect size of self efficacy and marital satisfaction on retirement preparation was the same for husband and wife. Conclusion: The results of this study indicate that nursing intervention strategies for improving self efficacy and marital satisfaction are strongly needed to enhance retirement preparation of middle aged couples in Korean community.

• The Journal of Industrial Distribution & Business
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• v.10 no.10
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• pp.7-13
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• 2019

Purpose - This study is to verify the mediating effect of voluntariness in retirement and the moderating effects of leisure life to examine which parts of later life preparations have influence on the retired life. Research design, data, and methodology - In this study, the 6^th Korean Retirement and Income Study was conducted on 5,254 members of households with householders over the age of 50. To examine the relationship between later life preparation and retired life, this study used personal data based on the serial number of the household members. Results - First, physical preparation for later life had a positive influence on retired life satisfaction among retirement satisfaction. People showed higher retired life satisfaction. Secondly, physical preparation for later life had a positive influence on satisfaction over relationship after retirement among retirement satisfaction. People showed higher satisfaction over relationship after retirement when they were more physically prepared for later life. Conclusions - In particular, leisure life had a mediating effect for the influence of physical preparation for later life on the retired life. Also, leisure life and physical preparation for later life showed a close influencing relationship. People showed active leisure life and higher retired life satisfaction when they were more physically prepared for later life.

• Korean Journal of Social Welfare Studies
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• v.44 no.2
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• pp.169-199
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• 2013

This study has a purpose to analyze trajectories of life satisfaction of the elderly after their retirement and how the characteristics of individual, retirement and family relationship have an effect on the life satisfaction. This study has investigated the Korean elderly, who had been retired, using the data from three waves(1st wave(2005)~3rd wave(2009) of the Korean Retirement and Income Panel(KReIS). Data analysis has been used to identify the predictors of the intercept and slope related to the life satisfaction after retirement, focusing the trajectories of the life satisfaction after retirement and individual characteristics, retirement characteristics and family relationship with application of the growth curve model by Amos 20.0. First, the intercept of the life satisfaction after retirement was somewhat below average. Life satisfaction averagely increased little by little from 1st wave to 3rd wave. Second, by conducting the conditional growth curve model, the study revealed that the intercept of the life satisfaction after retirement is high on individual characteristics(sex, educational level, income, health status) and in retirement characteristics(voluntary retirement) and satisfaction with family relationship and married life). Furthermore, health status, voluntary retirement, and satisfaction with family relationship asserted the meaningful variables in the slope of life satisfaction after retirement.

• Journal of Family Resource Management and Policy Review
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• v.12 no.1
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• pp.107-125
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• 2008

Aims of this research are as follows. The first is to find out the level of depression according to the types of retirement. The second is to divide the level of satisfaction within a family into two types, satisfaction with children and satisfaction with conjugal relations, and then to examine whether they have any modulating effect on the depression after retirement. The third is to find out ways of social welfare program that can successfully intervene in solving the depression problems retired people may have. The results of this research are as follows. First, the types of retirement are devided into three groups: voluntary retirement, reluctant retirement and retirement due to age limit. People who choose a voluntary retirement have the lowest level of depression. Second, only the level of satisfaction they get fiom their children has an influence on the level of depression. The results suggest that differentiated ways of intervention are needed according to the types of retirement. Especially, there is a greater need to focus or the reluctantly retired group. In case of reluctant retirement, programs should be provided in order to increase the level of satisfaction they get from the children.

• Journal of Family Resource Management and Policy Review
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• v.28 no.3
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• pp.1-16
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• 2024

In this study, we used survey data from Japanese retirees to determine the levels of retirement anxiety, retirement life preparation and retirement life needs in retirement and analyzed how these factors affect post-retirement life satisfaction. The analysis was based on a survey of retirees aged 60 to 74 across Japan, with data from 1,257 people included in the analysis. The results of the analysis were as follows. First, both men and women were found to have higher levels of retirement anxiety in terms of economic aspects, such as lack of income, savings, and living expenses, than other forms of retirement anxiety. This trend was more pronounced among men. Second, the higher the level of retirement anxiety in terms of economic aspects, the lower the level of life satisfaction in retirement for both men and women. Third, in terms of preparation for retirement life, greater preparation for the economic aspects of retirement life corresponded to higher life satisfaction for both genders. Finally, with regard to the influence of post-retirement life requirements, it was found that men who perceived a greater need for re-employment and re-employment opportunities experienced lower levels of post-retirement life satisfaction. These findings suggest the need for community participation programs and employment-linked initiatives to enhance post- retirement life satisfaction.

• The Journal of the Korea Contents Association
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• v.16 no.7
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• pp.522-531
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• 2016

Extension of life expectancy and retirement of baby-boomers from 2010 made big population senior citizens, and concerns about retirement was heightened. Researches to remove the concerns about retirement found out that awareness for senior age life and financial preparation actions for retirement influence retirement life both directly and indirectly. This research identified the influence of financial retirement preparation on related variables, and analyzed its control effect on retirement and senior life perception, retirement preparation actions, and retirement satisfaction level. For that, from Nov 2015 to Feb 2016, this research surveyed 1,500 people from 20 to 69, by mailing or visiting with survey, noting purpose and process of research, eliminating 83 insufficient replies, and analyzing 1,417 surveys. This result shows the better retirement preparation, the more positive retirement and senior life perception, retirement preparation actions, and retirement satisfaction level. This research is significant as basic data for general and practical retirement preparation program development.

• Journal of Families and Better Life
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• v.27 no.3
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• pp.31-43
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• 2009

Using the first wave of KLoSA(Korean Longitudinal Study of Ageing) beta version, this study analyzed factors affecting early retired men's subjective life satisfaction through Binary Logit and Multiple Regression. Total 552 men were selected as a sample. The main results of empirical analysis in this study were as follows: The retirement reason(health-) and monthly household income(+) affected whether they were satisfied with the retirement life or not and subjective life satisfaction over all. Especially, the retirement reason(health-) had a stronger effect on whether early retired min were satisfied with the retirement life or not and their subjective life satisfaction than monthly household income revealed significant variable in previous studies. This result represents that the retiree's life satisfaction analysis model must include retiree's characteristics at the time of retirement as well as retiree's current status characteristics or socio-economic characteristics.