The purpose of this research is to confirm, describe and interpret the implication of the reminiscence of Korean elderly people: to provide a theoretical model of Korean elderly people's reminiscence', to propose a solution on nursing mediation for Korean elderly people's reminiscence. The method used for this research is based upon in-depth personal interviews and observations. The target group consists of 6 Korean elderly women and 2 Korean elderly men. Data were collected from March, 2001 through August, 2001. The average number of interviews for each participant is 5 times and each interview was performed for about one and a half hours. Spradley's analysis has been employed for the final data collection. The first domain, the conflict between the ideal and the real includes the category of the aged people's daily lives devoid of joy. This includes the properties of economic hardship, unhappy life, regret, unfairness, falsehood, life demanding sacrifice, life demanding patience, hard life and regrets. The second domain, an ideal home, includes the taxonomies of Expectation on Spouse and Anticipation on Children. The expectation on spouse includes the property of a sick husband, an unfaithful husband, an incompetent husband and the importance of a husband, thanks for a wife, longing for a wife, whereas the anticipation of children includes children who do not meet parents expectations, death of children, experience of joy as children grow. The third domain is Expectation on Marriage. Its taxonomy falls on the conflict with husband's family, which may be attributed to difficulties in adaptation to the new family. The fourth domain is Life which may not be regained. Its taxonomies can be described as Regret on Oneself and Realization on Limitation of Oneself. The former taxonomy is attributed to sense of independence, unfortunate life, desire to be oneself, incompetence, a bitter feeling about little opportunity of education and happy memories before marriage. The latter taxonomy is attributed to praying heart, forgiveness and realization. It is required to provide nursing mediation by developing appropriate leisure programs for the elderly, to develop programs which may help improve conjugal affection, to investigate the relationship between aged people and their children and to develop nursing mediation which helps to improve the relationship, to modify a patriarchal family system and help them to restore their identities through better education and legal system, to develop a variety of social education programs run by public institutions for them.