1 in 4 seniors prefer using assets over leaving them to children
Social affairsOct 16, 2024
One in four South Korean senior citizens wish to use their assets for themselves and their spouses rather than passing them on to their children, according to government data on Wednesday. The 2023 survey of 10,078 senior citizens by the Korea Institute for Health and Social Affairs, Gallup Korea and the Health Ministry between Sept. 4 and Nov. 12 last year showed that 24.2 percent of the respondents chose to prioritize using their assets for their own and their spouse during their lifetime inst