SEOUL, Nov. 18 (Korea Bizwire) — More than 70 percent of seniors over 60 years of age still work to make an income and live separately from their children, a survey showed Wednesday. The biennial poll released by Statistics Korea showed that 72.5 percent of South Korean seniors picked themselves or their spouse as a [...]
SEOUL, Aug. 9 (Korea Bizwire) — Elderly individuals over 65 years of age who have problems with chewing are about twice as likely to suffer from depression compared to other seniors who don’t have such problems, a study showed Sunday. A joint research team from CHA Bundang Medical Center and Kunsan National University analyzed the [...]
SEOUL, Aug. 5 (Korea Bizwire) — The coronavirus pandemic has led to increasing online consumption among South Koreans in their 50s and 60, including the use of delivery apps and subscriptions to video streaming platforms. Hana Institute of Finance, a research unit of Hana Financial Group Inc., released an analysis report of online transaction data [...]
SEJONG, Aug. 2 (Korea Bizwire) – The number of seniors living alone has surged nearly 36 percent over the last five years amid the country’s rapid population aging, data showed Monday. A total of 1.66 million South Koreans aged 65 and older lived by themselves in 2020, up 35.8 percent from five years earlier, according [...]
SEOUL, June 8 (Korea Bizwire) — The vast majority of senior citizens in South Korea hope that they will pass away without causing any inconvenience to family members or friends, data showed Monday. The state-run Korea Institute for Health and Social Affairs conducted a survey of 10,097 senior citizens and asked what they thought it [...]
SEOUL, April 15 (Korea Bizwire) — After the amount of basic pension benefits that are given to elderly people with an income lower than a certain level increased, their participation in the labor market decreased, a recent study showed. Kim Hak-hyo (lead author), a student in the doctoral program at Sogang University and Kim Hong-kyun [...]
SEOUL, March 19 (Korea Bizwire) — The ‘well-being’ index and satisfaction levels for ‘social support’ of the older generation are higher among those who play digital games. Doh Young-yim, an invited professor at the Korea Advanced Institute of Science and Technology, conducted a survey of 190 people between the ages of 50 and 60, which [...]
SEOUL, Jan. 12 (Korea Bizwire) — The average amount of severance pay for retirement falls short of 100 million won (US$91,000), far below the expectations among those in their 40s and 50s that they would need at least 200 million won to support their children’s education as well as their marriage after they retire. The [...]
WANJU, Oct. 29 (Korea Bizwire) — A recent study revealed that older people living alone can reduce depression and suicidal thoughts through social participation. A mental health welfare center in the southwestern county of Wanju, North Jeolla Province carried out a study of 1,065 older people between the ages of 60 and 90 who live [...]
SEOUL, Oct. 15 (Korea Bizwire) — Middle-aged South Koreans suffer more from anxiety than seniors, a recent study concluded. Samsung Life Insurance Co. conducted a survey of 1,000 people between the age of 40 and 75, including 800 patients suffering from chronic diseases, which showed that those in their 40s and 50s were exposed to [...]