Selective Optimization with Compensation (SOC), a concept defined by Baltes and Baltes, is known to predict successful aging. This study was conducted to find out which factors affect Korean elderly people SOC The data for this study were obtained from a survey conducted between March and May 2001, on a sample of middle-class male and female participants over 60 years old. Two hundred and fifty four completed questionnaires were used for final analyses. Descriptive statistics, t-test, ANOVA, Duncan test, Pearson correlations, multiple regressions, multiple response frequencies and sequential threshold methods were used to analyze the data. In order to measure successful aging, the Selective Optimization with Compensation Scale developed by Baltes, Baltes, Freud, and Lang (1996) was used. The SOC scale consists of four subscales, Elective Selection, Loss-based Selection, Optimization, and Compensation. The major findings are summarized in the following. First, the level of SOC by various socio-demographic variables was examined. It tuned out that health status is the most important variable in predicting SOC. Also important was satisfaction with family life. Second, significant correlations were found between SOC and duration of the marriage (negative), practicing a religion, health, and economic stability (all positive). Third, religion and health status affected SOC, but health was a stronger predictor Those who practiced a religion and were healthy had a higher score in SOC as a whole. Fourth, the participants were divided into three groups by their SOC score, and their idea.; of successful aging were compared. The top- and middle-score groups considered satisfaction with family life to be more important, whereas the bottom-score group regarded the social status as more important.