This paper examines the effects of children related variables on the life satisfaction of the rural elderly. Data for this study were based on a study of 203 elderly people residing in Kyungnam, Korea. Elderly male achieved higher scores in life satisfaction than their female counterparts. Demographic variables, except for subjective financial status, failed to account for the significant variance in life satisfaction. There were gender differences on the effects of children related variables on life satisfaction. Number of children was significantly associated with the life satisfaction of the male elderly. For the female elderly, affectional solidarity and associational solidarity were significant Predictors to their life satisfaction. Associational solidarity had the strongest effect on life satisfaction of both male and female elderly. The results from this study suggest the relative importance of children related variables to the rural elderly.