Generational Differences in Perceived Satisfaction and Happiness Related to Material Prosperity

Abstract

This study explores the differences in unhappiness (self-reported unhappiness) and life satisfaction variables associated with age. A total of 2143 people from four age groups took part in the investigation: youth, adults, seniors and elderly people. Results reveal that seniors have a higher level of satisfaction with life and perceived happiness than young people. The results contradict the hypothesis of the relationship between development and happiness that associate material prosperity and life satisfaction the data provided, however, show a young population that is unhappier than the older population.