• Title/Summary/Keyword: Economic preparation for the aging

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The Effects of Emotional Happiness on Aging Preparation

  • Jung, Hae-ok;Kim, Jung-ae
    • International Journal of Advanced Culture Technology
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    • v.6 no.3
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    • pp.59-68
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    • 2018
  • This study was a cross-sectional descriptive study of the effects of emotional happiness on aging preparation for 45-60 year olds. Participants of this study were 312 volunteers and data was collected online, the collection period was from May 15, 2018 to May 31, 2018. The tools used in the research were the emotional happiness developed by Watson et al (1988) et al., the aging preparation developed by JH Lee (2009). Analysis was done using t-test, ANOVA, Pearson correlation, and regression by SPSS 18.0. As a result of the analysis, 84.0% of participants felt physically healthy and 89.8% felt mental health. The spouses of participants were physically 83.4% healthy and mentally 82.7% healthy. The correlation between emotional happiness, health cognition and aging preparation showed that physical health had a correlation with mental health (r = .482, p <0.01) and emotional happiness (r = .369, p <0.01), economic aging preparation (r = .411, p <0.01), social aging preparation (r = .119, p <0.01). Mental health was correlated with emotional happiness (r = .491, p <0.01), economic aging preparation (r = .411, p <0.01) and social aging preparation. Difference between emotional happiness and retirement preparation according to presence or absence of disease, emotional happiness (t = -4.503, p <0.01) and economic aging preparation (t = -4.960, p <0.01) were statistically significant. Emotional happiness affects the preparation of old age, emotional happiness affects to physical aging preparation under statistical significance (F=25.191, p<0.01), economic aging preparation (F=1131.783, p<0.01), and social aging preparation (F=147.672, p<0.01) which were sub components of aging preparation. Emotional happiness showed a 7.5% effect on the preparation of physical aging, 78.4% on economic aging preparation and 32.3% on social aging preparation. Based on the above results, it can be concluded that physical health and mental health are related to emotional happiness, economic aging preparation, and social aging preparation. And also these results can be inferred that the illness causes emotional less feeling of happiness and economic difficulty. Based on the results of this study, emotional well - being influences the retirement preparation significantly at statistical significance. Therefore, if the concept of emotional happiness is introduced to the old-age preparation program, it will be more client centered program.

Economic Preparations for Aging of the Middle and Old-Aged and Their Determinants (중.고령자의 경제적 노후준비와 결정요인)

  • Park, Chang-Je
    • Korean Journal of Social Welfare
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    • v.60 no.3
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    • pp.275-297
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    • 2008
  • The purpose of this study is to analyse economic preparations for aging of the middle and old-aged and their determinants empirically, and then to discuss the findings and implications for the results of analysis. Data from The Social Statistics Survey conducted by Korea National Statistical Office are used in this study. From this dataset, 18,354 Middle and Old Citizens aged between 45 and 59 were selected for this study. The Conceptual framework for this study was based on Andersen's behavioral model and logistic model was used to investigate factors that affect economic preparation for aging. The results of this study can be summarized as follows. First, Proportion of middle and old citizen with no economic preparation for aging was high, and old-aged had lower level of economic preparation for aging than relative less aged. Second, male, education level, marital status, economic activities, recognition of present income, housing ownership, residental location, and total life condition improvement is positively and statistically significantly associated with economic preparations for aging. Third, while male, age, and economic activities is negatively and statistically significantly associated with private economic preparations for aging, education level, recognition of present income, and total life condition improvement is positively and statistically significantly associated with private economic preparations for aging. Fourth, while male, education level, marital status, economic activities, recognition of present income, housing ownership, residental location, and total life condition improvement, expectation of future income is positively and statistically significantly associated with secondary economic preparations for aging, age is negatively and statistically significantly associated with secondary economic preparations for aging.

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A Study of Determinants Influencing the Economic Preparation for the Aging among People with Severe Disabilities (중증 장애인의 경제적 노후준비에 영향을 미치는 결정요인)

  • Lee, Gye-Seung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.5
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    • pp.244-252
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    • 2018
  • This study examined the aging of people with severe disabilities experiencing relative alienation and deprivation in an aging society to find ways to make them happy and economically stable. This study identified the determinants of economic preparation for aging among people with severe disabilities using the ecosystem perspective. For this study, data were drawn from Panel Survey of Employment for the Disabled (PSED). A total of 950 samples were used from the eighth wave. Logistic regression analysis was conducted to examine the influence of various factors. As a result, age, level of education, employment, subjective socioeconomic status, self-esteem, income, homeowner, and non-beneficiaries affected the economic preparation for aging. These findings have practical and political implications concerned with improving the economic preparations for aging among people with severe disabilities.

The Comparative Research of Universal Design Based on Korean and Japanese Demographic & Economic Change

  • Moon Ho-Rim;Fukuda Tamio
    • Archives of design research
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    • v.19 no.3 s.65
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    • pp.117-130
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    • 2006
  • This paper analyzed the current status of universal design in the Republic of Korea (Korea) and Japan. In the case of Japan, the aged society or the super aged society has been preparing from 1985 when the aging rate was 10%. Japan's activity to prepare it became promoted during 1990's when per capita Gross National Income (GNI) was $$20,000{\sim}40,000$. In Korea, the preparation for the aging society such as physical environment, barrier free buildings or traffic systems, economic support and investigation or survey is not yet sufficient. Korea must start preparation for an aged society, possibly and quickly. And it needs to prepare until 2026, when the aging rate will be 20%. To prepare a barrier free and an aged society must consider both aging and economic status.

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A Study on economic preparations for aging of middle-old aged women (중고령 여성의 경제적 노후준비에 관한 연구)

  • Park, Hyo-Jin
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.10
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    • pp.6618-6626
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    • 2015
  • This study was designed to explore the factors affecting economic preparations for aging of middle-old aged women. Using fourth Korean retirement and income study panel data of National Pension Reacher Institute. The researcher explored the characteristics of preparation for the old age life who middle-old aged women and analyzed the factors affecting economic preparations for aging of middle-old aged women. The results were as follows. The the factors affecting economic preparations for aging of middle-old aged women were education level, subjective health status, a number of adolescent children(14-19), a number of adolescent children(20-39), public pension, financial asset and debt. On the basis of this results, suggestions for policy were offered.

The Effects of Preparation for Aging of the Elderly on Life Satisfaction & Mediating Effects of Social Support (노인의 노후준비가 삶의 만족도에 미치는 영향과 사회적 지지의 매개효과)

  • Song, Kee-Young
    • The Journal of the Korea Contents Association
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    • v.19 no.9
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    • pp.593-600
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    • 2019
  • The aim of this study is to enhance the level of life satisfaction of the elderly as the aging population grows in readiness for increased old age, beginning with interest in improving the quality of life of the elderly. For this purpose, the subtype of preparation for aging was set as multi-independent variables by organizing it into physical preparation for aging, economic preparation for aging, and emotional & social preparation for aging. Structural relationships between variables was identified by social support a parameter variable and life satisfaction a dependent variable. It was also verified that the social support between subtypes of preparation for aging and life satisfaction had a mediating effect. The subjects of this study are 4,058 elderly people who are over the age of 65. They were originally extracted from the 3rd and 5th additional survey of Korean Retirement and Income Study. For data analysis purposes, SPSS 25.0 and SPSS PROCESS macro v2.16 were used. The results of this study are as followed. The emotional & social preparation for aging not only had a significant direct effect on successful aging, but also resulted in indirect effect on successful aging through life satisfaction. On the basis of the results, this study provided the social welfare policy and practical suggestions to enhance the preparation for aging and social support, which are the key to improving life satisfaction of the elderly.

Effects of The Degree of Preparation for Old Age and Perception of the Successful Aging on Life Satisfaction of Middle-aged Women (중년기 여성의 노후준비도와 성공적 노후에 대한 인식이 생활만족도에 미치는 영향)

  • Ahn, Hyun-Sun;Kim, Hyo-Min;Anh, Jin-Kyung;Kim, Yang-Hee
    • Journal of Family Resource Management and Policy Review
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    • v.13 no.3
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    • pp.137-155
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    • 2009
  • The purpose of this study is to analyze the effects of the degree of preparation for old age and perception of successful aging on the life satisfaction of middle-aged women. The participants in this study were 300 women ranging in age from 35 years to 65years who reside in Seoul, Gyeonggi-do, and other cities. Two hundred eight self-reported questionnaires were used for final analysis by SPSS WIN14. The major results of this study were as follows: First, there were differences in the degree of preparation for old age of middle-aged women by age, academic career, income, area, and religion. Second, there were differences in self-efficacy in the perception of successful aging by academic career, an income, and area. Third, there were differences in the degree of life satisfaction of middle-aged women by academic career and income. Finally, the most effective variables on the degree of life satisfaction were the degree of preparation for old age, perception of successful aging, and income. Consequently, to improve the life satisfaction of middle-aged women, social groups, local self-governments, and the government have to educate women on economic management for preparation for old age and human relationship progress programs, as well as promote healthy leisure cultures.

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A Study on the Types and Determinants of Longitudinal Changes in the Economic Preparations for the aging Among People with Physical Disabilities: Using Latent Class Growth Model (지체장애인의 경제적 노후준비에 대한 종단적 변화유형과 결정요인에 관한 연구 : 잠재계층성장분석을 활용하여)

  • Lee, Gye Seung;Kim, Dong Ha
    • Korean Journal of Social Welfare Studies
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    • v.48 no.4
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    • pp.157-185
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    • 2017
  • This study aimed to explore the trajectories of economic preparations for the aging among people with physical disabilities and to identify the determinants according to the Andersen model. For this study, data were drawn from Panel Survey of Employment for the Disabled (PSED). A total of 1,847 samples were used from the second to the eighth wave. Latent class growth model was conducted to explore the longitudinal change classes for the disabled, and the multinominal logistic regression analysis was conducted to examine the influence of the determinants. As a result, four classes were identified: preparation decrease group, continuous non-preparation group, preparation increase group, and continuous preparation group. Each group was found to be associated deferentially with education level, family income, socioeconomic status, employment, home ownership, national basic livelihood security recipient status, and ADL. These findings proposed the practical and political implications for the strategies concerned with facilitating the economic preparations for the aging among the disabled.

Rederivation of Gertler's model and analysis of the Korean economy

  • Lee, Hangsuck;Son, Jihoon
    • Communications for Statistical Applications and Methods
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    • v.27 no.6
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    • pp.649-673
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    • 2020
  • This paper makes a theoretical contribution by providing clear and detailed derivation of economic agents' decision problems including elastic labor supply in Gertler's overlapping generation (OLG) model. We apply the model to the Korean economy by calibration based on Korean economic data. It also analyzes the impact of current social issues such as aging and extension of retirement age, on the Korean economy in a long-run equilibrium. Subsequently, we also discuss the implications of the analysis. Aging has prolonged the period of retirement; therefore, population structure changes by the increase in the proportion of retirees, the total consumption-to-GDP ratio decreases, and capital stock increases due to reduced propensity to consume out of wealth in preparation for an individual's retirement life. The implementation of retirement age extension increases the proportion of retirees relatively less and alleviates fluctuations in labor supply and the share of financial assets for both economic agents. However, the decrements in consumption-to-GDP ratio is larger than before, and this leads to a larger rise in the capital stock compared to when there is only an aging effect.

A Study on Influence of the Life Satisfaction for the Elderly Women with Disabilities -Focusing on Moderation Effect of Preparation for the Later Life Factor - (고령여성장애인 삶의 만족도에 관한 연구 - 노후준비 조절효과를 중심으로 -)

  • Park, Ju Young
    • 재활복지
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    • v.17 no.4
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    • pp.53-77
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    • 2013
  • The purpose of this study was elderly women with disabilities to increase life satisfaction from the recognition that were original goals. Factors affecting life satisfaction confirm, and in influencing aging affects looked ready. In the case of non-disabled people was life satisfaction showed a link between preparation for the later life. Expected life satisfaction of elderly women with disabilities were equally applicable whether verification was carried out. The results of this study were as follows: First, the difference in life satisfaction according to demographic factors, psychological factors, health factors, economic factors, social factors were all of the factors in the elderly group of women with disabilities in accordance with the life satisfaction were different. Second, the factors that influence the life satisfaction for the elderly women with disabilities were psychological factors, health factors, economic factors, social factors and demographic factors. Third, in relation to independent variable and dependent variable, preparation for the later life factor was found operating as moderation variable in relations between level of economic status, chronic diseases. Based on this results, the implications for future studies on women with disabilities were discussed.