Research on Influence of Recognition of Income Inequality of the Elderly to Life Satisfaction : Focusing on Mediation Effect of Finance Stress

The purpose of this research is to verify mediation effect of finance stress within relation structure between income inequality recognized by the elderly and life satisfaction. From the result of analysis, it was proved that there is mediation effect of finance stress within the relation between income inequality recognized by the elderly and satisfaction with life. Based on this result, we suggest practical and political proposal to increase life satisfaction of the elderly. The purpose of this research is to verify mediation effect of finance stress in the relationship between income inequality and life satisfaction recognized by the elderly. From the result of research, first, direct effect was discovered that as income inequality becomes high, life satisfaction will be decreased. Second, partial mediation effect of finance stress was confirmed in the relationship between income inequality and life satisfaction.