The author argues that the coming age wave represents a great opportunity for the Jewish community rather than the demographic disaster that is generally portrayed. Older people have years of life experience, talents, skills and resources that are critically needed in our contemporary world. Our challenge is to revise the unexamined assumption that older people are not valuable, contributing members of society. This age wave forces us - as individuals and as a Jewish community - to change this misperception, rather than to lose the precious resources represented by this cohort. We can bring about this change by embracing a fourstep process of spiritual development for older adults, based upon the work of Rabbi Zalman Schachter-Shalomi. This includes: 1) Affirming the success of growing older; 2) Facing mortality fearlessly as an inducement to live well each day; 3) Engaging in a process of reflection, using life-review techniques; 4) Creating legacies for future generations.