[Ferry Disaster] ‘Sewol bodies show signs of decomposition’: CSI medical ...

[Graphic News] Economic happiness fades with age

[Graphic News] Economic happiness fades with age

kh close

 

Published : 2013-03-18 20:13
Updated : 2013-03-18 20:13

Dogged by job in security and retirement plans, Koreans in their 50s and 60s are less satisfied with their financial situation than younger people, a study showed Monday.

The private Hyundai Research Institute said its economic happiness index for 2012 showed that all age groups tended to self-evaluate their economic happiness as very low in general ― an average 40.4 points out of a maximum 100.

The index takes into account six factors: income level, economic distribution, expenditure level, job stability, preparedness for retirement and sense of economic happiness.

The index turned out to be inversely proportional to age in general, with people in their 60s having the lowest, least stable income concentrated on food expenses.

To boost people’s economic happiness, the HRI proposed that the country strengthen retirement pension systems and create more senior-friendly jobs.

By Chung Joo-won (joowonc@heraldcorp.com)

Photo News

기아차 '3세대 카니발' 실제 모습 공개

렉서스 신형 SUV 모습 드러내

사랑이 엄마, '섹시 가슴골' 노출한 과거 화보 보니