Monthly Living Costs for Retirees 1.77M Won Per Household

SEOUL, Dec. 13 (Korea Bizwire) — The minimum living expenses for retired elderly people was tallied at 1.77 million won (US$1,600) per month for each household, a survey showed Wednesday. The optimum monthly cost of living for retirees, however, is 2.51 million won per household, according to KB Financial Group’s recent survey of 2,000 people [...]