The purpose of this study is to examine the level of relative life independence of elderly people. The construction of measurement indices is based on the theory of successful ageing and active ageing. Normalized standard Z scores are employed to measure the life independence of the elderly related to physical health, social support, psychological health, and economic security. The results show that the 65-74 age group has the highest average independence, the 75-84 age group has the second highest score on average independence, and the over-85 age group has the worse score on average independence. It implies that independence of the elderly decreases dramatically as age increases. It is recognized that the most serious problem for Taiwanese elderly, especially for the over-85 age group, is economic dependence. The second serious problem is social support dependence, especially for the over-75 age group. The results imply that social security policy should ensure the economic stability of the elderly in late life as soon as possible. Family and social policy should encourage the elderly to engage in social participation and leisure activity in order to maintain physical, psychological, and social health. In this way, the well-being of the elderly’s late life can be enhanced.