1 in 5 households to have breadwinner over 80 in 30 years (KoreaHerald/22 Sep 2024)

The Korea Herald reports that by 2052, one in five South Korean households will have a breadwinner over 80 due to the country's rapid aging and low birth rate. This shift, compounded by declining young breadwinners and high elderly poverty rates, underscores the urgent need for policies supporting the aging population, such as targeted pensions for those left out of the economic growth.