Members of Korea's older generation are becoming more hesitant to spend money these days, as they prepare for their lives after retirement.<br />Statistics Korea says... the average tendency to consume... among households led by people in their sixties... tumbled by eleven-and-a-half percentage points between 2003 and 2014.<br />That age group was spending the most in 2003.<br />The second biggest drop was experienced by those in their fifties,... with a decline of five-point-seven percentage points.<br />The index measures the proportion of money people use from their disposable income.
