Economic Preparation for Old Age and Life Satisfaction among Older Adults: The Mediating Roles of Leisure & Social Participation and Socio-Emotional Resources, and the Moderating Effects of Health and Daily Activities

Key Points

• The study aims to analyze the structural effects of economic preparation on life satisfaction among older adults, considering mediation and moderation factors.
• Used data from the 2025 Social Survey involving 12,800 adults over 60 years old.
• Conducted PLS-SEM (Partial Least Squares Structural Equation Modeling) analysis.
• Examined the mediating effects of leisure and social participation along with socio-emotional resources.
• Investigated the moderating effects of health constraints and activity types.
• Economic preparation positively influences both leisure and social participation, and socio-emotional resources.
• Leisure and socio-emotional resources directly impact life satisfaction, showing both direct and sequential mediation effects.
• Health constraints moderate the relationship between economic preparation and leisure participation, affecting the indirect effects.
• In a subgroup analysis, the impact was stronger in those focused on hobbies, leisure, and personal development compared to those centered on income-generating activities.

Abstract