As Korea’s baby boomers retire, will property suffer?

Korea’s baby-boomer generation has begun to retire, and the impact on real estate and equities is going to surprise them, warns Woo Jaer-yong, head of the Retirement Research Institute, an arm of Samsung Life Insurance. Samsung set up the institute last year to help it manage business opportunities related to demographics, wealth management and life insurance. Woo defines baby boomers in Korea as those born between 1955 and 1973, which now accounts for 16 million people. The tip…