Elderly Koreans' monthly spending averages 1.5 mln won
Social affairsApr 18, 2016
A South Korean aged 50 or older spends 1.53 million won on average a month, a survey showed Monday.The expenditures of people in their 50s more than doubles that of those aged 80 or older, according to the National Pension Research Institute.It analyzed data on the spending of 4,777 households nationwide collected from May till September in 2014.It found that their monthly cost of living is around 1.5 million won.That of males stood at 1.78 million won and females 1.4 million won.By age, those i