This is a longitudinal study of drinking older adults aged 65 and older to determine how their social activities and alcohol consumption change over time, and how social activities affect alcohol consumption among drinking older adults. The main findings are as follows First, we found a decrease in social activity and alcohol consumption among the elderly over time, but this was not statistically significant. However, individual differences in the rate of change in social activity and alcohol consumption were found, and the specific factors of these individual differences were examined in the conditional model. The results of the conditional model showed that, for social activity, the higher the initial level of social activity, the older the age, and the lower the initial amount of alcohol consumed by men than women. Next, for the amount of alcohol consumed, the better the health status, the more the amount of alcohol consumed decreased significantly for male elderly than female elderly, smokers than non-smokers, and elderly with and without disabilities. Based on the results of the above analysis, suggestions were made to promote social activities and reduce drinking among the drinking elderly in Korea.