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South Korea’s Middle-Aged and Elderly Expect to Retire at 67, Need 1.92 Million KRW Monthly for Comfortable Living

South Korea’s Middle-Aged and Elderly Expect to Retire at 67, Need 1.92 Million KRW Monthly for Comfortable Living

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 [...]