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Objective: This pilot study investigated predictors of life satisfaction among elders residing in senior residences with a focus on feeling valued and important (FVI), a seldom-studied predictor that has the potential for late-life changes through occupational therapy intervention. Method: Using existing data from an intervention study (N = 47), simultaneous multiple regression analysis was employed. Results: The regression model, which included predictors of self-rated health, education level, and FVI, was significant F(3,43) = 21.16, p < 0.001. Further, FVI was a stronger predictor of life satisfaction than the well-established predictor of self-rated health. Conclusion: FVI is a significant predictor of life satisfaction in older adults residing in senior residences. Practice implications include promoting participation in occupations that provide the opportunity for meaningful contributions to family and society. CONCLUSIONAccording to the results of this study, FVI is a significant predictor of life satisfaction in older adults residing in senior residences and is a stronger predictor than selfrated health. The results of this study are consistent with past finding with regard to the importance of meaningful roles and daily life activities for the life satisfaction of elders. Further research is needed to examine the effectiveness of occupational therapy interventions in the promotion of FVI.