Purpose : To identify alcohol consumption and life satisfaction and related factors and to provide basic data for the development of interventions for older adults. Method : The participants were 260 older adults who responded to a structured questionnaire including the NAST and LSI-Z scales. Data were analyzed by SPSS program using frequencies, t-test, ANOVA with Tukey\'s test. Result : The findings of this study indicate that Korean older adults have severe alcohol problems as 36.2% of them were present drinkers, and 7.3% had an alcohol use disorder. There were significant differences for present drinkers according to gender, age, educational level, religion and type of residences. Life satisfaction for present drinkers was higher than that of non-drinker, but life satisfaction scores for older adults with an alcohol use disorder were lower than that of normal drinkers. Conclusion : There is a need to develop adequate interventions for the elderly population to prevent drinking problems and to enhance quality of life for this population.