Retirement is a potentially dramatic life transition in later adulthood as it indicates that the individual just begins to be old. It is usually associated with many physical, psychological and social changes. Retirement satisfaction is extremely influenced by availability of convenient resources. Objective: The aim of the study is to determine factors affecting postretirement satisfaction of community-dwelling older adults. Setting: The current study executed in at outpatient clinics of two hospitals; Gamal Abdel-Nasser and Farouk hospitals in Alexandria. Subjects: Participants eligible for inclusion in the study were 210 retirees of 60 to 85 years of age, retired from full-time paid work, and able to communicate effectively. Tools: Three tools were used for data collection; Sociodemographic and clinical structured interview schedule, Retirement Satisfaction Inventory and Retirement Resources Inventory. Results: The result of existing study showed that 49.0% of the studied sample expressed low satisfaction level with the current life circumstances post – retirement and 68.1% of them had low overall retirement resources. Conclusion: High satisfaction level is significantly correlated to the high level of global resources. The most rife factors associated with higher satisfaction degree with life post-retirement were the retirees’ age, sex, marital status, level of education, occupation before retirement, income, absence of chronic illnesses, ability to accomplish various activities of daily living, and pre-retirement planning. Additional significant relationship was found between satisfaction of the retired older adults with life and the inclusive domains of their lifestyle pattern. Recommendations: Constant delineation and application of pre-retirement planning programs should be done. All variables that contribute to post-retirement satisfaction; particularly supported retirement resources; should be assessed continuously during retirement experience period.