Maximum spending at 17 years old, earning the most at 43 years old, and losing again at 61 years old.

The age at which Koreans have the largest per capita deficit is 17, when private education spending is high, and labor income is the highest at 43 and then the deficit is back at 61.

The NSO said in its 2022 national transfer account released today.

At the age of 17, the life cycle deficit reached a peak of 47.8 million won, and the age of the largest surplus was 43, earning 42.9 million won in labor income and 17.53 million won in surplus.

lose money early in life due to high educational expenses He entered the black at 28 and then went back into the red at 61.

The national transfer account is a statistic that identifies the flow of economic resources between age groups, focusing on the relationship between consumption and labor income on age changes.