Retirement is for many a time of fulfillment and great personal satisfaction, while for others it is a time of frustration and isolation. An individual’s perception and satisfaction with life in retirement has been shown to be related to factors such as gender, age, religiosity, attitude toward work, retirement income, health, types of and time spent in activities, leisure satisfaction, mobility, marital status, housing, years in retirement, and retirement planning (Atchley, 1985, and Russell, 1984). Relationships between life satisfaction and situations, characteristics, and activities of the retired have been of great interest to social scientists for the past 40 years (Lohmann, 1980 and Russell, 1984).