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The purposes of this study were to analyze the effect of recognition of aging and intergenerational solidarity on life satisfaction of two different age groups such as the middle-aged and the older adults, and to suggest the ways to improve life satisfaction for later life. A total of 702 respondents consisted of people aged 40-64 and aged 65 and above were used for the analysis, which was the part of data collected by quota sampling method from 1,000 Korean adults aged 20 and above. Results indicated that although there is no statistical difference in life satisfaction among those two groups, statistically significant differences were found in predictors of life satisfaction among them. The common factors to predict life satisfaction of middle-aged and the older adults were self-rated economic status and affectional solidarity. Perception of psychosocial aging was the only significant factor in the middle-aged. While a self-rated economic status was the strongest predictor of life satisfaction for the middle-aged, an affectional solidarity was the strongest predictor of life satisfaction for older adults. Based on the results, countermeasures for improving life satisfaction for later life were discussed.
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