1.1 Billion Won Invested in a Neungi Baeksuk Restaurant in Cheorwon... The Elderly Couple's Last Gamble

EBS <백세부자>, which examines the lives of individuals experiencing financial difficulties after retirement and presents solutions to resolve their financial problems, has been scheduled as a regular program and will air its first episode on October 12 at 10:50 PM on EBS 1TV. The first episode, "The Last Gamble of the Neungi Baeksuk Couple in Cheorwon," covers the story of Jeong Yeong-man and Kim Chun-hui, a couple who incurred debt while operating a 220-seat Neungi Baeksuk restaurant in Cheorwon, Gangwon-do. The couple, who once operated a restaurant in another region with daily sales of around 10 million won, invested a large sum of money into the restaurant for their retirement and to provide a stable income base for their son. However, the restaurant has failed to escape deficits for seven years, and the burden of repaying loans and interest has extended to their children. The broadcast examines the financial issues of real estate and the restaurant, as well as the deepening conflict between the parents and the son, and presents customized solutions from experts in each field.

From a Restaurant with 10 Million Won Daily Sales to a 220-Seat Restaurant in Cheorwon

Jeong Yeong-man and Kim Chun-hui previously operated a restaurant in another region with daily sales of around 10 million won. The couple had a plan to provide a stable income base for their eldest son by opening the restaurant. The broadcast introduction materials explain that this was a choice the couple made as their final gamble in life. The couple intended to prepare for retirement through the restaurant and pass the business down to their son, but the expected income did not materialize after opening.

Cheorwon, where the restaurant is located, is introduced in the materials as an area with low floating population. This was compounded by the economic recession following COVID-19 and the reduction of personnel in military bases near Cheorwon. The couple's restaurant has continued to run at a deficit for seven years since opening. The broadcast introduction materials also reported a situation where the 220-seat restaurant only has about 10 customers a day. The gap between the income from the restaurant that once earned 10 million won a day and the large-scale restaurant operated in Cheorwon reveals the difference between the retirement funds the couple planned and their actual financial situation.

Loan Repayment after 1.1 Billion Won Investment and Debt Spreading to Children

The couple invested 1.1 billion won in the restaurant with the intention of handing it down to their eldest son. However, the income did not meet expectations, and the burden of repaying loans and interest grew. The broadcast introduction materials stated that the couple, unable to withstand the pressure of repayment, had to turn to their children for help. As a result, hundreds of millions of won in debt were left to the sons. As the business prepared for the parents' retirement continued to run at a deficit, the couple's financial problems did not remain solely their own burden but led to the debt problems of their children.

The broadcast treats the couple's real estate and the deficit-ridden restaurant as the primary financial issues. The restaurant investment, started with the plan to pass down a stable income base to the eldest son, and the subsequent debt burden are the central cases of the broadcast. The program intends to examine this family's financial status and present solutions suitable for the couple through experts in fields such as retirement fund planning and entrepreneurship.

It also covers the conflict accumulated between father and son

The son who appeals that his life has been ruined while paying off his parents' debt is Jeong Dong-wan. The conflict between Jeong and his father, Jeong Yeong-man, has deepened over money issues. The financial problem, which began with the restaurant's deficit and the burden of loan repayment, has spread to a conflict within the family. The broadcast introduction materials explain that the parents' retirement bankruptcy led to the children's mountain of debt. The couple's plan to pass on a stable income base to their son through the restaurant and the actual result of leaving hundreds of millions of won in debt to the son are contained together in one family's story.

After receiving psychological counseling, Jeong Dong-wan requests a conversation with his father. The broadcast captures the process of the two sharing their inner feelings that they had not been able to bring up for a long time. The introduction materials stated it is a story of confirming hearts that could not be expressed between father and son for 40 years through tears. Not only economic debt but also the deep family conflict caused by money issues are targets of the customized solutions presented by the program.

From economic diagnosis to re-employment, legal, and psychological counseling

is a program that visits the living sites of subjects experiencing financial hardships after retirement to diagnose structural problems in their economic situation and present solutions. 'Money Hunter' Kim Gyeong-pil visits the subjects' homes to examine their financial situation, and experts in various fields such as retirement fund planning, entrepreneurship, re-employment, inheritance, law, and psychology provide solutions tailored to each case. In the episode of Jeong Yeong-man and Kim Chun-hui, the real estate that became a mountain of debt, the deficit restaurant, the burden of loan repayment, the debt passed to the children, and the father-son conflict are covered.

In the program, Lee Geum-hee takes on the role of delivering comfort to the retired generation. EBS introduced that the program was scheduled as a regular program after receiving empathy and support from viewers during its pilot broadcast. The first episode will focus on the case of Jeong Yeong-man and Kim Chun-hui, and includes the diagnosis of economic problems, advice from experts in each field, and the conversation between father and son. The program will be scheduled in a format that visits the lives of subjects experiencing financial difficulties after retirement to provide customized solutions in the future.

Episode 1 of , "The Last Gamble of the Neungi Baeksuk Couple in Cheorwon," will be broadcast on October 12 at 10:50 PM on EBS 1TV. After the broadcast, it can be rewatched on the EBS website.

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