What is the primary factor correlating with life satisfaction for the elderly?

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Study for the University of Central Florida (UCF) DEP2004 Developmental Psychology Final Exam. Get ready with multiple-choice questions and detailed explanations. Excel in understanding developmental stages and theories!

The primary factor correlating with life satisfaction for the elderly is companionship. Research in developmental psychology highlights that social relationships significantly impact the emotional well-being of older adults. As individuals age, the quantity and quality of their social interactions become crucial for maintaining a sense of happiness and fulfillment.

Companionship fulfills psychological needs such as belonging and love, providing emotional support that can help mitigate feelings of loneliness and depression often experienced in later life. Strong social networks and close relationships with family, friends, and community members lead to higher levels of life satisfaction and can significantly enhance an elderly person's quality of life.

While the other factors mentioned, such as financial stability, physical health, and community involvement, play important roles in overall well-being, studies suggest that the emotional and relational aspects tied to companionship tend to have a more direct influence on how satisfied individuals feel about their lives in their later years.