There remains a salient need to conceptualize lesbtractian, gay, bisexual, transgender, and queer (LGBTQ) aging as an area of study. Although the limited body of theoretical literature in this field has delineated systemic silence or invisibility as a prominent feature of marginalization among LGBTQ elders, this model does not appear to account for mechanisms of surveillance and control that often regulate sexuality and gender identity in old age. This paper represents a preliminary attempt at developing a framework of LGBTQ aging that addresses social processes in which queerness and gender variance are monitored and limited in later stages of the life course. The analysis is guided by the Foucauldian notion of neoliberal governmentality, which enables consideration of bodies of discourse and technologies of power that together drive these systemic phenomena in contemporary political and economic contexts. The paper concludes with implications of this analysis on theory and empirical inquiry in the field of LGBTQ aging.