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A study on the features for the old age preparations in Korea
Journal of the Korean Data & Information Science Society 2017;28:525-32
Published online May 31, 2017
© 2017 Korean Data & Information Science Society.

Dong In Park1 · Kil Ho Cho2

12Department of Statistics, Kyungpook National University
Correspondence to: Kil Ho Cho
Professor, Department of Statistics, Kyungpook National University, 80 Daehakro, Bukgu, Daegu, 702-701, Korea. E-mail: khcho@knu.ac.kr
Received March 29, 2017; Revised April 25, 2017; Accepted May 8, 2017.
This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
Recently, there shows a trend in Korea that the rate of the population entering into aging is the most rapidly increasing among the OECD countries. Consequently, This study, therefore, aims at analyzing the forms of portfolio establishment by group, the factors affecting the old age preparation, and the presence of middle-aged households’ preparation for the old ages in order to forestall social problems like the poverty ration of elderly that have been caused by the rapidly aging society. The result shows that the portfolio for the old age preparation can be expanded if a combination product of finance and real estate is developed as a means of old age preparation. Upon the results of the study above, it can be seen that the old age preparations differ according to not only the demographic elements, but also the extent to how much resources one holds. Especially, the various factors affecting the holding resources vary householder by household depending on whether they prepare for the old ages or not.
Keywords : Asset, deposit, middle-aged class, old age preparations, retirement.


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