SEOUL, Jan. 1 (Korea Bizwire) — South Koreans aged 50 and older expect to retire at an average age of 67 and consider themselves to have entered old age by 69, according to a new survey by the National Pension Research Institute. The study, released on December 31, also found that a monthly income of 1.92 [...]
SEOUL, Dec. 12 (Korea Bizwire) — A recent study has revealed that 60 percent of Koreans want to live overseas after retirement. Prudential Life Insurance Co. conducted a survey of 500 men and women living in Seoul and five major cities in South Korea, 60.4 percent of whom said they wanted to live abroad once [...]
SEOUL, May 25 (Korea Bizwire) — A recent survey commissioned by the Ministry of Health and Welfare has revealed that 3 out of 10 elderly adults above the age of 65 were found to be economically active because they were unprepared for retirement. The survey found that 30.9 percent of 10,299 individuals questioned between April [...]
SEOUL, Feb. 28 (Korea Bizwire) – An in-house research entity of NH Investment and Securities published a study on January 28 that found the percentage of income used to cover living expenses was more than 30 percentage points higher for low-income households than the middle class. The study was based on data derived from a [...]