Older adults have been the focus of attention since the beginning of the COVID-19 pandemic - as a particularly vulnerable risk group, the highest priority group for vaccinations, and in discussions about the consequences of social isolation. By analizing data from the National Educational Panel Study (NEPS), it has now been possible for the first time to examine the living situation of adults during the first lockdown in Germany, differentiated by age group, with a particular focus on the satisfaction and future expectations of those over 65. It turns out that older adults share the same concerns, especially about the fact that the gap between rich and poor continues to grow. In contrast, they are much less likely than younger adults to expect serious financial problems for themselves or their loved ones.