The study tested whether (a) temperamental reactivity was related to intrinsic and extrinsic goals, (b) reactivity and goals predicted subjective well-being (SWB). The data were collected in the Polish General Social Survey on the representative national sample (N = 1221). Participants completed a questionnaire to measure SWB, reactivity, and personal - extrinsic and intrinsic - goals. SWB was defined as life satisfaction, frequency of positive and negative affect, and intensity of somatic complaints. Assuming that temperamental reactivity is a context dependant variable, two aspects of it were distinguished: emotional reactivity and work related reactivity. Controlling for social-demographic variables, results of hierarchical regression analyzes showed (a) negative effect of emotional reactivity on intrinsic and extrinsic goals, (b) negative effect of both aspects of reactivity on SWB, (c) positive effect of intrinsic goals on SWB (except for one component of SWB - somatic complaints). Extrinsic goals were not related to the SWB. Marginal support was found for the hypothesis that goals moderate relationship between reactivity and SWB. The size of negative effect of emotional reactivity on life satisfaction was weaker for those participants who were either high in intrinsic goals or low in extrinsic goals. The need for further research on temperamental and personality mechanisms as the determinants of the SWB is discussed.