Efficient memory is one of the necessary cognitive potentials required for virtually every form of lifelong learning. In this contribution we first briefly review and summarize state of the art of knowledge on memory and related cognitive functions in normal aging. Then we critically discuss a relatively short inventory of clinical, psychometric, and everyday memory instruments usually employed in healthy older population memory assessment. In final section, some of new approaches and promising methods in this area will be outlined and proposed as alternative methods for elderly memory and cognition screening. We conclude that normal memory aging is by no means a limiting factor for successful lifelong learning and that we are currently in need of new approaches to memory assessment, valid yet not laborious for older adults enrolling in lifelong learning programs. [For the complete Volume 13, Number 1 proceedings, see ED568595.]