This article summarized the research on aging memory in the past 20 years about the impact of aging stereotypes on the memory of the elderly, from differences in old age stereotype impressions, whether they can be perceived, the type of stimuli, and the different aspects of the regulatory variables. As a result, we found that positive stereotypes can promote and improve the memory of the elderly, and the negative stereotypes can inhibit and reduce the memory of the elderly. The influence of the image stimulation on the elderly is more significant than that of the verbal stimulus. More profound, idiosyncratic stereotype is more significant than postural stereotypes in the elderly.