The process of ageing is usually defined in terms of physical and cognitive decline. A number of observations have been associated with the process of ageing such as, reduced productivity, a conservative nature, and a preference for tranquility. However, previous studies have reported interesting findings on increased emotional abilities among older adults which enable them to critically evaluate their life to find a meaningful purpose which thereby, accord to escalate their emotional stability. The current article describes the scope of existing literature examining emotion regulation in older adults. We first describe the emotion regulation in older adults through psycho-social perspectives. Following, we discuss the cognitive and neural correlates of emotion regulation in older adults. We then lay emphasis on the use of non-pharmaceutical interventions to enhance the quality of life including emotion regulation abilities in older adults