In most African societies with little or no social welfare services for older adults, many parents regard their children as personal investments and security for the future. As a result, satisfaction with children's achievements may be necessary for older parents' physical and mental health. This study examined the association between satisfaction with adult children's achievements (SACA) and health outcomes (regarding somatic health, self-rated health, anxiety, and depression) in a sample of Nigerian older adults. By using the multistage sampling technique in a cross-sectional survey, 465 older adults (mean age = 74.18 ± 9.42) consisting of 294 women were selected from 14 rural communities in a State in Nigeria. Data were collected using validated instruments and analyzed using multiple linear regression and multigroup analyses in SPSS AMOS. High SACA was significantly associated with low somatic health problems, positive self-rated health, and low levels of anxiety and depression, even after controlling for sociodemographic factors, children's support, social engagement, and loneliness. Further analyses indicated that the relationship between SACA and depression was only significant in women and more robust in the widowed. Also, SACA was associated with somatic health among the married but not the widowed. The level of children's support was not a significant moderator. Parents can experience positive emotions and, consequently, good health from being satisfied with their children's achievements regardless of perceived children's support. Assessing SACA may aid in better diagnoses and formulation of a more effective clinical intervention to improve the well-being of older adults in developing societies.