Aging is accompanied by disrupted tissue homeostasis and decreased regenerative capacity. This impacts hematopoiesis through effects on hematopoietic stem cells and their niche. As people age, there is a shift to increased myeloid lineage biased differentiation from HSCs. This leads to outcomes like immunosenescence and an increased risk of hematologic malignancies. Aging also contributes to anemia through several mechanisms, including nutrient deficiencies, chronic kidney disease, chronic inflammation, and changes to erythropoiesis. While aging phenotypes may be partly reversible through interventions like antioxidants and caloric restriction, aging overall remains associated with functional impairments in hematopoiesis.