Living Arrangement and Life Satisfaction of the Elderly in South Korea

Abstract

With a rapid aging population in South Korea, the elderly living alone has received particular attention from researchers and stakeholders. Although previous research has found that living alone negatively affects life satisfaction of the elderly, much remains unclear about how life satisfaction of the elderly changes over time as their living arrangement change. To advance knowledge on life satisfaction of the elderly, using the Korean Longitudinal Study of Aging we tested the association between life satisfaction (overall life, health, and financial) of the elderly and their living arrangement. Our longitudinal research found that the elderly living with family had significantly higher life satisfaction compared to those living alone between 2006 and 2016. In addition, individuals who had a superior economic profile and maintained physical activity and social relations showed higher life satisfaction than their counterparts. Our findings suggest that to improve the life satisfaction of the elderly living alone, both material and psychological support programs are needed. Future research is needed to account for the multi-faceted nature of life satisfaction.