Reviews
1. How should we prepare for life after retirement? In fact, the time of retirement is a distant future that has not yet arrived. However, if we do not prepare in advance, aging might feel like a disaster. "Increase your investment assets when you are young, as there are many aggressive investment opportunities, and manage your assets stably as you get older. The ratio of 100 minus your age represents the proportion of aggressive investment products." It is these small tips that come together
In the past, people considered 80 to be the average lifespan when signing up for insurance and making retirement plans. However, recently, many insurance products based on a lifespan of 100 have emerged, and the time has come when we must align our retirement plans accordingly. Furthermore, given this trend, it feels like the day when 120 is adopted as the standard is not far off; thus, I believe we should no longer simply harbor sentimental thoughts about how much the average human lifespan
Life expectancy is increasing. Consequently, perceptions regarding the value of money and income are changing. This is because income must increase in proportion to the length of life. However, an increase in life expectancy is not something to be unconditionally welcomed. To live a long life, one must be accompanied by a corresponding income; simply extending one's life without sufficient funds can actually lead to greater problems for individuals. Therefore, individuals must prepare first.
"The human brain deliberately turns a blind eye to an uncomfortable truth, even if it is something it absolutely must know to protect its life and safety." - Margaret Heffernan, excerpt from *Intentional Turning Away* - Some might ask why someone in their early thirties is already worrying about old age, but I am worried about my own future. Currently, both my husband and I are earning money, and since we have no children, we live as we please, traveling to our heart's content and enjoying
This book review was written after reading a book provided by the publisher. This book, "Smart Aging," offers both the question and the answer regarding how to design our extended lives. The author, Kim Dong-yeop, is a retirement planning expert and the Head of the Retirement Education Center at the Mirae Asset Retirement Research Institute. He closely monitors the trends of "aging," "low growth," and "low interest rates"—which are set to become key keywords for the Korean asset market in the
We live in an era where "smart" is the mainstream... The smart craze, epitomized by smartphones, is rapidly penetrating every sector of society, ranging from smart working to smart learning. Ultimately, we have entered the era of "smart aging," where even the natural process of "getting older"—something beyond the control of nature—must be handled smartly. The traditional framework of life—from birth, schooling, graduation, employment, marriage, raising and teaching future generations, to
At some point, growing old became a misfortune rather than a blessing. Why is that? While the aging population is increasing, the young people who would support it are decreasing. This was predicted long ago, as population growth does not occur overnight. Therefore, old age is now a matter for which one must take responsibility oneself, not anyone else. Despite knowing this, one's own retirement is always relegated to the back burner because parents and children always take priority. This book
With average life expectancy increasing, it is now time for us to consider our second lives after retiring from our careers. Assuming a life expectancy of 100, even if one retires around age 60, that leaves 40 years remaining; as someone who is still only 34, this feels like a daunting prospect. My father, who retired recently, also subtly advised me that I need to start thinking about life after retirement now. He mentioned feeling stifled because he has nothing to do after actually retiring.
An aging society... while it is a quietly spreading theme, its impact and destructive power make it a hot topic, comparable to the North Korean nuclear issue. It is said that it has been only a little over a decade since discussions about an aging population first began. Now, however, the issue of aging has started to emerge as an official agenda in our society. The problem, however, is that there are inevitably far more hidden within an aging society than what has been publicly discussed. The
With statistics indicating that by 2018, the population aged 65 and older will exceed 14%, marking the transition to an aging society, we must once again prepare a solid blueprint for planning and executing our lives in retirement. As the Baby Boomer generation—the central axis of the global economy—retires and enters the elderly age group, I am exploring books related to the question of how to lead a "smart" retirement. While money alone cannot sustain life, one must prepare at least a minimum
Kim Dong-yeop: Smart Aging
*Smart Aging* is a book by Kim Dong-yeop, a retirement planning expert and Head of the Retirement Education Center at the Mirae Asset Retirement Research Institute, that presents a comprehensive approach to a happy life up to 100. It explains the changes that aging, low growth, and low interest rates will bring, and introduces realistic strategies for asset management in a new environment never experienced before. Furthermore, it examines the changed social landscape of the aging era and provides specific methods for addressing essential issues in retirement preparation, such as post-retirement family relationships and the management of retirement funds. In this book, the author goes beyond merely emphasizing the importance of retirement preparation to teach everything from how to accumulate funds during one's working years to how to utilize them after retirement. He also points out that retirement planning has historically been limited primarily to the financial sector and stresses the need for a multifaceted approach that considers non-financial factors, ranging from family relationships and leisure to health management. In particular, he advises that the success or failure of one's later life depends on how quickly one shifts their relationships from being centered around the company to being centered around the family and local community.
Korean title: 스마트 에이징
Korean author: 김동엽
Korean publisher: 청림출판
ISBN-13: 9788935209538
Reviews
1. How should we prepare for life after retirement? In fact, the time of retirement is a distant future that has not yet arrived. However, if we do not prepare in advance, aging might feel like a disaster. "Increase your investment assets when you are young, as there are many aggressive investment opportunities, and manage your assets stably as you get older. The ratio of 100 minus your age represents the proportion of aggressive investment products." It is these small tips that come together
In the past, people considered 80 to be the average lifespan when signing up for insurance and making retirement plans. However, recently, many insurance products based on a lifespan of 100 have emerged, and the time has come when we must align our retirement plans accordingly. Furthermore, given this trend, it feels like the day when 120 is adopted as the standard is not far off; thus, I believe we should no longer simply harbor sentimental thoughts about how much the average human lifespan
Life expectancy is increasing. Consequently, perceptions regarding the value of money and income are changing. This is because income must increase in proportion to the length of life. However, an increase in life expectancy is not something to be unconditionally welcomed. To live a long life, one must be accompanied by a corresponding income; simply extending one's life without sufficient funds can actually lead to greater problems for individuals. Therefore, individuals must prepare first.
"The human brain deliberately turns a blind eye to an uncomfortable truth, even if it is something it absolutely must know to protect its life and safety." - Margaret Heffernan, excerpt from *Intentional Turning Away* - Some might ask why someone in their early thirties is already worrying about old age, but I am worried about my own future. Currently, both my husband and I are earning money, and since we have no children, we live as we please, traveling to our heart's content and enjoying
This book review was written after reading a book provided by the publisher. This book, "Smart Aging," offers both the question and the answer regarding how to design our extended lives. The author, Kim Dong-yeop, is a retirement planning expert and the Head of the Retirement Education Center at the Mirae Asset Retirement Research Institute. He closely monitors the trends of "aging," "low growth," and "low interest rates"—which are set to become key keywords for the Korean asset market in the
We live in an era where "smart" is the mainstream... The smart craze, epitomized by smartphones, is rapidly penetrating every sector of society, ranging from smart working to smart learning. Ultimately, we have entered the era of "smart aging," where even the natural process of "getting older"—something beyond the control of nature—must be handled smartly. The traditional framework of life—from birth, schooling, graduation, employment, marriage, raising and teaching future generations, to
At some point, growing old became a misfortune rather than a blessing. Why is that? While the aging population is increasing, the young people who would support it are decreasing. This was predicted long ago, as population growth does not occur overnight. Therefore, old age is now a matter for which one must take responsibility oneself, not anyone else. Despite knowing this, one's own retirement is always relegated to the back burner because parents and children always take priority. This book
With average life expectancy increasing, it is now time for us to consider our second lives after retiring from our careers. Assuming a life expectancy of 100, even if one retires around age 60, that leaves 40 years remaining; as someone who is still only 34, this feels like a daunting prospect. My father, who retired recently, also subtly advised me that I need to start thinking about life after retirement now. He mentioned feeling stifled because he has nothing to do after actually retiring.
An aging society... while it is a quietly spreading theme, its impact and destructive power make it a hot topic, comparable to the North Korean nuclear issue. It is said that it has been only a little over a decade since discussions about an aging population first began. Now, however, the issue of aging has started to emerge as an official agenda in our society. The problem, however, is that there are inevitably far more hidden within an aging society than what has been publicly discussed. The
With statistics indicating that by 2018, the population aged 65 and older will exceed 14%, marking the transition to an aging society, we must once again prepare a solid blueprint for planning and executing our lives in retirement. As the Baby Boomer generation—the central axis of the global economy—retires and enters the elderly age group, I am exploring books related to the question of how to lead a "smart" retirement. While money alone cannot sustain life, one must prepare at least a minimum
