The purpose of this study was to redefine the concept of parental happiness and to identify the component factors from the perspective that parents were interacting with their children and supporting children's growth, development and at the same time, parents are developing on their own happiness. Therefore, the concept and component factors were derived by previous studies and literature related to parental happiness, and the content validity of the concept and component factors was verified by experts. The total number of experts who participated in this study was 12 with 9 professionals related to pedagogy and 3 parent education experts. The results of the study were as follows: First, parent happiness was defined as being a parent, parents have the necessary conditions for raising children, can maintain a good relationship with their families such as their children and spouses, and feel that they were growing up with developmental interaction with their children. Second, the components of parent happiness were divided into existence, relationship, and growth and sub-variables for each were derived. The sub-variables of the existing domain included health, economic power, sociocultural environment, and appearance identity. The sub-variables of the relationship domain consisted of child, spouse, and parent relationships, other relationships, and social support. Sub-variables of the growth domain consisted of efficacy, positive emotion, self-growth, independence, rest and leisure.