This paper aims to show differences between older men and women in terms of financial sources
for their living, as well as to examine determinants associated with perceived financial satisfaction
of older men and women in Vietnam. The Chow tests show that urban and rural older people were
not different in perceived financial satisfaction, while male and female people clearly were. Two
separate logistic regression models for male and female older people were applied to discover
determining factors of their perceived financial satisfaction. The findings generally showed that
older women usually had lower probability for financial satisfaction than did men. Educational
level, living area, and financial factors for both males and females played significant roles in
making older people satisfied with their financial situations. The paper also indicates that there
was a higher probability of financial satisfaction for those who received financial support from
their children. The results also imply that there was no relationship between the work situation of
older people and their perceived financial satisfaction, although working in later life could help
older people increase their income.