Good day, I am interested in retiring in South Korea and I was wondering about the financial requirements for doing so. Could you please enlighten me on the average amount of money one would need to comfortably retire in South Korea? I understand that the cost of living, healthcare, and other expenses may vary depending on various factors, but I would appreciate a general ballpark figure. Additionally, are there any specific financial plans or savings strategies that are commonly recommended for retiring in South Korea? Thank you for your time and assistance.
5 answers
CharmedWhisper
Mon Apr 01 2024
A recent poll conducted by a think tank affiliated with KB Financial Group surveyed 3,000 individuals aged 20 to 79 between January 3rd and 27th.
Stefano
Mon Apr 01 2024
The survey focused on the financial requirements of individuals aged 65 and older, particularly in terms of expenses for leisure activities, travel, pocket money, and expenses related to grandchildren.
Valentina
Sun Mar 31 2024
The findings revealed that individuals aged 65 and above require an average of 3.7 million won per month to cover these expenses.
Andrea
Sun Mar 31 2024
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Stefano
Sun Mar 31 2024
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