경제적으로 윤택한 노인의 가계 구조 분석을 통한 노후준비의 시사점

A Study of the Implications of Preparation for One s Senior Life through the Structural Analyses of Financially Well-off Senior Families

Using descriptive statistical methodology, this study investigates the characteristics of well-off or affluent seniors by analyzing their general revenue and expenditure tendencies. The results are as follows. First, the average income of well-off senior families is 2.1 times higher than the standard families and 5.9 times higher than families with the minimum standard of living. Second, the primary income source for well-off senior families is public pensions. For well-off senior families, the diversification of income sources post-retirement seems to have a relevance to healthy balanced finances for one s old age. Third, as for the average expenditure of overall senior families, the total comes to 1.4 million won - consumption expense amounts to 1.12 million won and non-consumption to 280 thousand won. As for well-off senior families, the total expenditure is 2.24 million won with consumption expenses of 1.69 million and non-consumption expenses of 550 thousand won. On the other hand, standard (see above comment) families total expenditure is 1.23 m illion won, while families with the minimum standard of living shows 840 thousand won. Fourth, when comparing the red-ink and black-ink family household budget, the red families expenditure is 3.31 million won while the black families is 1.89 million won. The average propensity to spend for the black-ink families is 59% and for the red-ink families is 116%, showing that the red families have a higher tendency to spend. Fifth, the result of the detailed expenditure item analysis of senior families reveals that the red-ink families among the well-off group spend more on non-essential items such as transportation, housing and utilities, commodities, leisure, moving and etc. The results of this analytical study on the financial structure of well-off senior families will provide invaluable implications for people who are preparing for their senior life.