One in four "secondary baby boomers" generations born in the early 1970s (1970-1974) are double-supporting parents and children.On the 28th of
The foundation 'Caring and Future' commissioned Korea Research to conduct a 'Caring Status and Awareness Survey' on 1,500 adults aged 50 to 64 nationwide born between 1960 and 1974 and announced these results in May. Analysts say that those who suffer from "triple care" including their old age are suffering from a "care peak" that is more burdensome to care than those born in the 1960s, who are about to retire.
Seventy-six percent of those born in their 70s said they are providing financial support to their children, and 42 percent said they are financially supporting their own or their spouse's parents. He was spending an average of 1.07 million won per month to support his children and 620,000 won per month to support his parents. 25% of the respondents supported both their children and parents, spending an average of 1.55 million won per month on support.
On the other hand, 43% of those born in the 60s were supporting their children (average 880,000 won per month) and 44% were supporting their parents (average 730,000 won per month), and the rate of "double support" was 15% lower than those born in the 70s. Among them, those born in the 60s were 1.65 million won, slightly more than those born in the 70s, but the amount of burden felt was much greater for those born in the 70s.
Forty-six percent of those in their 60s and 57 percent in their 70s said economic support for their children was "burdening." 33% of respondents in their 60s and 48% in their 70s felt burdened with support for their parents.
Those born in their 70s were also more anxious about their old age. Fifty-six percent of the respondents said they felt anxious about how long they could work in the 1970s when they were working. In the case of those in their 60s who are working, 46% felt anxious about continuing work.
Before receiving the pension, 91% of those in their 70s were anxious about the income gap, which was greater than those in their 60s (81%). In fact, only 50% of those in their 70s said they were preparing for old age, less than those in their 60s (62%), and only 39% of those in their 70s expected public pensions, such as the national pension and the civil service pension, to be the main source of income in their old age.
Only 40% and 62% of those born in their 70s said their physical and mental health conditions were good, respectively. It is lower than 51% (body) and 75% (spirit) of those born in their 60s.
Those born in the 70s were also pessimistic than those born in the 60s (9.0 years), predicting that they would live in an unhealthy state (unhealthy life expectancy) of 10.5 years.
Reporter Lee Yu Na from Digital News Team.
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]