SEOUL, Jul. 3 (Korea Bizwire) – The Bank of Korea (BOK) has released a study highlighting the significant economic implications of the impending retirement of South Korea’s second generation of baby boomers. The research suggests that as over 9.5 million individuals born between 1964 and 1974 reach the legal retirement age of 60 over the next [...]
SEOUL, May 24 (Korea Bizwire) – New statistics show an increasing number of South Korean baby boomers in their 50s are purchasing smaller apartments. Daewoo Engineering & Construction (Daewoo E&C) teamed up with the industry academic research team at Konkuk University and conducted a big data analysis which revealed that over 36 percent of buyers [...]
WASHINGTON, July 12 (Korea Bizwire) — AARP Travel, a valuable resource for America’s 76 million baby boomers who spend over $120 billion annually in leisure travel, recently released a new study providing some great insight into how Americans experience air travel and announced new resources to help travelers reduce airport stress for AARP members and [...]
SEOUL, Feb. 9 (Korea Bizwire) – The number of individuals returning to Jeju to take up farming is skyrocketing due to a lack of jobs in urban areas, the retirement of baby boomers, and other social factors, including people’s longing for pastoral lives. According to the Jeju Self-Governing Provincial Office, the number of individuals starting up [...]