We explored the increase in positive life orientation among older individuals in a Nordic setting, comparing cohorts born in 1920 and 1940, to identify trends and gender disparities. Our research revealed that the later cohort reported a higher sense of being needed, more future plans, and less loneliness, indicating a substantial improvement in their overall well-being, despite ongoing gender differences. These findings suggest a significant enhancement in the quality of life for the elderly over recent decades, emphasizing the need for tailored societal and healthcare policies to support this positive trend.