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KMID : 1124020220380030271
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Korean Social Security Studies
2022 Volume.38 No. 3 p.271 ~ p.290
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Identifying latent classes based on subjective shortcomings after retirement using latent class analysis
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Lee Nu-Ri
Lee Yun-Soo
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Abstract
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The purpose of this study is to identify latent classes based on subjective shortcomings after retirement through LCA, to discuss customized solutions, and to provide practical implications. We utilized Korean Retirement and Income Study (KRelS) data in 2019, and 2,395 responses from retirees were analyzed. We identified three latent classes: Boredom, atrophy in family relationships, and isolation from social relations. The boredom group consisted of a lot of early retirees under the age of 49; the atrophy in family relationships group consisted of a high proportion of the elderly and a high probability of leaving organizations voluntarily; and the isolation from social relations group consisted of a high proportion of women and a high probability of leaving organizations involuntarily. In addition, the boredom group and the isolation from social relations group had relatively low life satisfaction, and the isolation from social relations group had a relatively low psychological health. Based on the findings, suggestions for customized job policies and practical implications related to welfare were discussed.
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KEYWORD
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Korean Retirement and Income Study Panel Survey, Retiree, Life satisfaction, Psychological health, Latent class analysis
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