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People want to live a healthy and happy later life. A large body of literature shows the close association between health status and happiness and between health and active engagement (in work, exercise, and social and religious activities). However, the causation between the two can run both ways, and it is difficult to determine the causal effect with cross-sectional data. Various authors have shown the significant influence of socioeconomic factors and human needs on older people’s health status and happiness. A better understanding of the factors affecting healthy and happy aging is essential for policymaking to improve the well-being of older people. The availability of data from HRS-...