To deal with the aged society，we must construct a new financial system and develop the aged finance. This paper analyses the demand environment facing the development of the elderly financial industry，expounds the connotation and classification of the elderly financial industry，introduces the development status of the elderly financial industry in China，analyzes the existing problems，and puts forward the medium-and long-term goals of the development of the elderly financial industry. Finally，the paper puts forward policy suggestions from expanding the scale of middle-income group，making good industrial planning，establishing monitoring system，strengthening scientific and technological innovation，strengthening consumer protection，improving supervision，strengthening personnel training and building industry associations. At the same time，it is proposed to implement the national aging financial quality improvement project，aging financial infrastructure improvement project，aging related insurance development plan and aging finance support aging industry development plan to promote the development of aging finance industry.