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Objective:  The present study aimed to analyze the distribution of measures of subjective and psychological well-being according to demographic criteria and length of participation in the program.  Method:  A cross sectional study using the following instruments was carried out: a sociodemographic questionnaire (age, gender, education, length of participation in University of the Third Age (U3A) and similar programs located in the city of São Paulo, Brazil; an Overall Life Satisfaction Scale; a Life Satisfaction Scale that contemplated four domains: health, physical capacity, mental capacity and social involvement; a Positive/Negative Affect Scale; and a Personal Development Scale. The data were analyzed by the chi-squared test (for comparison of categorical variables), the Mann-Whitney and the Kruskal-Wallis U tests (for comparison of continuous variables).  Results:  Age and gender were the main factors that were significantly associated with overall life satisfaction, life satisfaction in specific domains, and morale. Higher education was associated with psychological adjustment.  Conclusion:  Participating in a U3A contributes to high levels of subjective and psychological well-being. Elderly individuals of more advanced ages and men had higher rates of satisfaction with life and positive feelings. The elderly can assess their development trajectory, their commitment to society and consider their efforts in pursuing an ideal of personal excellence.

Subjective and psychological well-being among elderly participants of a University of the Third Age