1 in 4 old people "not inheriting"...The appearance of the new elderly [Anchor Report]

2024.10.17. AM 09:10
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It turns out that the number of elderly people who want to use their property for themselves and their spouses without handing it over to their children has increased significantly.

As the baby boomer generation begins to be incorporated into the elderly, "new old people" with different values are emerging.

Let's take a look at this today.

The survey on the elderly has been conducted every three years since 2008,

This survey is the result of a survey of 78 elderly people aged 65 or older from September to November last year by the Korea Institute for Health and Social Affairs and Gallup Korea.

Looking one by one, first of all, the elderly's wealth and income recorded the highest ever.

Older household income is up nearly 15% from three years ago,

Financial assets and real estate assets have also increased steeply in the last three years.

The number of economically self-reliant elderly people has increased, and 4 out of 10 respondents said they are currently working.

The value of inheritance has changed as wealth has increased and the number of elderly people who do not depend on their children has increased.

When asked about how to inherit property, 24.2% said they would use it for themselves and their spouse, up 6.8% from three years ago (17.4%).

On the other hand, the number of respondents who said they would distribute their property evenly to all children decreased slightly, and the percentage of those who said they would give more to their eldest son fell to single digits.

Rather than inheriting property, it is analyzed that the value of using it more by themselves and not burdening their children instead has been formed.

Another thing to note amid these changes is that the number of elderly people living alone has increased rapidly.

It has increased by 13 percentage points from three years ago, indicating that one in three elderly people currently live alone.

It was found that elderly people living alone were much more likely to complain of health problems, depression, and difficulties in life than households living with their families.

'New Old Men' Coming With Baby Boomer's Retirement,
It is pointed out that the social security system needs to be repaired in line with the changed reality of
.



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