Analyses on the determinants of elderly workers' plans to retire and desired retirement age Online publication date: Mon, 20-May-2019
by Moon-Hee Shin; Young-Min Lee
International Journal of Economic Policy in Emerging Economies (IJEPEE), Vol. 12, No. 2, 2019
Abstract: This study analyses the determinants affecting elderly workers' plans to retire and their desired retirement age, in order to better understand and prepare for their retirement and establish supportive policies. Eighteen years of personal data and additional survey data, provided by the Korean Labor & Income Panel Study, were used for this study. The results of the analysis showed that factors having a significant impact on elderly workers' plans to retire were gender, age, marital status, gross annual earned income after taxes in the past year, subjective health conditions, employment status, financial preparedness for retirement, level of social participation, and overall life satisfaction. The research also revealed that gender, age, education level, marital status, subjective health condition, employment status, and level of social participation impact desired retirement age. Based on the above research results, discussions are offered on policy implications.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Economic Policy in Emerging Economies (IJEPEE):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook