Preparation of retirement by South Korean baby boomers in financial and non-financial aspects

This research will be done based on the 'Korean Retirement and Income Study' Panel Data compiled by National Pension Research Institute. It will focus on the issues relative to the preparation for the post-retirement era of baby boomers, for example, what kind of life they want to live in a financial and non-financial aspects, how different are their ideal life and the reality and how they have to re-allocate their resources to obtain desirable result in preparing for their retirement and so on. The result of these analyzes is expected to give implications in regard to the changes in Korean asset market structure in the future, practicable preparatory measures for the retirement and desirable tools to form a new culture relative to the retirement.