Elderly individuals are at risk of psychiatric problems like dementia and depression. Dementia affects 5-7% of those over 65 and 40% over 85, with Alzheimer's disease being the most common type. Depression is also common in the elderly. Treatment involves identifying the precise condition, using drugs like acetylcholinesterase inhibitors for dementia or antidepressants for depression, and providing psychosocial support. Psychiatric disorders in the elderly like schizophrenia require careful use of antipsychotic drugs and family psychoeducation.