A Study on the Preferred Residential Models of Middle-Aged and Elderly Households after Retirement

Abstract

This study conducted a survey of middle-aged and elderly households aged 55 or older to study their preferences for post-retirement residential models, and asked to choose their preferred model among four residential models(elderly welfare housing(silver town), community housing, and in-home service and living at home). The analysis results are summarized as follows. First, different residential models were selected depending on the lifestyle, assets, monthly income, and demographic characteristics of middle-aged and elderly households, which shows that the development and supply of various residential models is necessary. Second, in order to provide a practical residential model after retirement, it is necessary to present alternatives by considering the level of housing costs that middle-class households can pay. Third, as the proportion of respondents who did not want to move to senior housing was high, there is a need to expand in-home service that allow people to receive living support and health care services while living at home. These results can provide implications as basic research when establishing senior housing policies, and are expected to contribute to expanding housing choice opportunities for middle-aged and elderly households.