Retirement Planning and Quality of Life in Retirement: Factors affecting the Korean American Elders’ Retirement Satisfaction

Abstract

This study examines factors that affect retirement satisfaction of the Korean American elderly. Survey questionnaires were administered at senior welfare centers, churches, a senior university, and a senior apartment in Chicago, Illinois, and Atlanta, Georgia, metropolitan areas by means of group administration method and personal interviews. For the current study, four areas of information related to retirement and assumingly conducive to retirement satisfaction were measured. Study findings indicated that four areas of information (personal adjustment, health care, economic planning, and social relationships) were weakly correlated to the Korean American elders’ retirement satisfaction at the statistically significant levels. Keywords: