On the 24th, NH Investment & Securities' 100-Year Era Research Institute pointed out in its report 'Korea's Real Middle Class' that there are limitations in defining Korea's middle class simply by income or asset size. In South Korea , More than one in every two households earns a moderate income, but only about one in four households have a reasonable consumption lifestyle, save, and a future economic safety net. The institute Among all households in Korea analyzed, the median net assets of the true middle class was 417.05 million won. Jinwoong Kim, a research fellow at the 100-Year Era Research Institute who wrote the report, explained, "The real middle class is not simply those who own expensive homes, but are those who have accumulated sufficient financial assets alongside their housing base and are actually usable." Researcher Kim said, "In terms of income alone, more than half of all households belong to the middle class, but those who have a reasonable consumption lifestyle Households that enjoy life, save, and have assets, debt, and retirement preparations are only about one in four," he emphasized,,,, "From the perspective of living a stable life from birth to death, the criteria for the middle class should shift from 'how much you earn' to 'how well you live and how long you can maintain that life.' ,,, shouldn't you be able to actually enjoy a reasonable standard of living and be able to maintain that standard into the future??? but you're really going to beat around the corner!!!!!!
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