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pensions

Why Do Retired Koreans Open Chicken Shops and Cafés?

October 27, 2026 by WHY KOREANS ARE
A small franchise food shop in a Korean neighbourhood at night with a single person working inside.

Koreans leave salaried work around 50 and cannot draw a pension for a decade. Self-employment fills the gap, and 60 percent of those businesses close in five years.

Categories Work Tags franchises, fried chicken, pensions, retirement, self-employment, seniority pay, small business 1 Comment
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