The Relationship between Income Satisfaction and Life Satisfaction of Divorced Old Persons in Korea : Focused on Child Relationship and Self-esteem

Abstract

The purpose of this study was to investigate on the relationship between income satisfaction and life satisfaction of divorced elderly to life satisfaction, focused in child relationship satisfaction and self-esteem. The data of 286 divorced elderly people aged 60 or over among 14th data of Korea Welfare Panel. To achieve the purpose of this study, frequency, t-test, one-way ANOVA, and correlation analysis were performed using SPSS21.0. First, there was no difference in the life satisfaction of the elderly according to social and demographic statistics such as gender, age, education, and religion. Therefore, in the subsequent analysis, the sociodemographic characteristics of the divorced elderly were not statistically controlled. Second, to examine relationship among variables, namely, satisfaction with income, child relationship satisfaction, self-esteem, and life satisfaction, this study conducted correlation analysis, and found out that correlations among all the variables were significant. As the income satisfaction of the elderly divorced in Korea increased, the satisfaction with their children, self-esteem, and life satisfaction all increased. And, as the correlation coefficient is from .191 to .665, there is no risk of multicollinearity between variables. Third, next is the mean and standard deviation of each variable. Life satisfaction was 3.15 out of 5 points, higher than the median value of 3, and income satisfaction was 2.67 points, lower than the median value of 3 points. Child relationship satisfaction was 3.96 points out of 7 points, lower than the median value of 4 points. Nevertheless, the self-esteem was quite high at 3.33 out of 4 points.