Population ageing is one of the most challenging social and economic issues facing governments in the twenty-first century1. Yet the compounding challenges of people living longer while also coping with the impacts of climate change has been subject to less examination. Here, we show that often-used binary definitions of”vulnerable” older communities – such as people over the age of 65 – can lead to the underestimation of future risks from extreme weather in a warming climate. Within this broad grouping, successively older age groups not only exhibit higher vulnerability to the impacts of climate extremes, but they also show more rapid growth in the future. Lower income countries are more likely to underestimate future climate risks if simplistic classifications of vulnerable older communities persist.