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The purpose of this study is to explore recognition of the importance of later-life planning and practice of later-life preparation by individuals from different generations. The study utilizes the Computer-Assisted Telephone Interview (CATI) method, in combination with a later-life planning questionnaire, to investigate adults (over 20 years old) across 25 counties and cities in Taiwan. The research design employed proportional stratified random sampling, and it received 1071 valid samples. The data was analyzed using descriptive statistics, one-way ANOVA, and logistic regression. Five findings stand out: First, later-life planning can be categorized into five domains: physical health, psychological adjustment, social relationships, financial management, and leisure life. Second, the subjects showed their recognition of the importance of later-life planning, especially with respect to physical health. Third, their preparations primarily took the form of following a balanced diet, maintaining a good mood, saving money, maintaining good relationships with family, and planning adequate leisure activities. Fourth, the results show intergenerational differences in recognition of the importance of later-life planning. Fifth, recognition of the importance of later-life planning effectively predicts one's practice of later-life preparation. Policy suggestions are offered for governmental and educational institutions dealing with older adults. [ABSTRACT FROM AUTHOR]