This research had two purposes. First, it was to consider if carefully and broadly looking back on life leads to change of recognition for past events when the elderly narrators talk about the memories. Second, it was to consider what kind of intention and feeling are included in telling their life stories to a young listener. The author made Life Review as a listener for the latter-stage elderlies around 80 years old. They recollected their lives in detail from broad perspective. Therefore, it seemed that they got positive awareness about the event which they thought negatively. I think that changes in consciousness and reconsideration about their lives lead to the effect of Life Review. In this Life Review, the age of the narrators and the listener were far apart. Therefore, the listener was not familiar with the era where they have lived. However, they showed the attitudes to teach young listener. I think this was the function of Life Review as intergenerational exchanges.