Purpose: This study aims to develop a shared forest walking program and verify its effects on self-esteem, life satisfaction, and depression among older adults living alone in rural communities. Methods: Participants were assigned to an experimental or a control group, with 20 participants each. Data collected during August 1~3, 2022, before the program, and October 29~31, 2022, after the program. In this study, the shared forest walking program was conducted twice a week for a total of 24 sessions, with each session lasting one hour. All data were analyzed using SPSS version 18.0, x2 tests, and t-tests. Results: The experimental group participating in the sharing forest walking program showed higher self-esteem and life satisfaction than the control group, along with a decrease in depression. Additionally, there were statistically significant differences in self-esteem (t=5.97, p<.001), life satisfaction (t=7.78, p<.001), and depression (t=-7.58, p<.001). Conclusion: The shared forest walking program, developed based on the results of this study, improved self-esteem and; life satisfaction; and reduced depression among older adults living alone in rural communities. We propose the development of a continuous program to assist older adults living alone in underprivileged rural areas to experience retirement with reduced depression, increased self-esteem, and enhanced life satisfaction.