The purpose of this study was to analyze patterns of time usage of the retired elderly so as to improve their quality of life. The subjects of this study were 225 elderly people in Jeonnam Province. The statistics used for data analysis were frequency, percentage, mean, standard deviation, t-test, and multiple regression. The major findings were as follows : (1) The retired elderly spend more time in physiological activities and leisure, and there was no day difference in time use. (2) On weekdays, the variables affecting labor time were age, former job, health state, and education. On the weekends, education, health state, and former job had significant effects on the amount of time spent on labor. (3) The variables affecting participation and volunteer time were: monthly living expenses, age, spouse, former job, and house, on weekdays, and on the weekends, significant factors were spouse, age, and former job. (4) The variables affecting leisure time were education, age, monthly living expenses, religion, and economic state, on the weekdays, and on weekends, the significant factors were education, economic state, house, religion, and former job.