In many countries, political authorities have instituted measures to contain COVID-19 and especially to protect so-called ‘vulnerable’ groups. These strategies target older people, based on the consideration that the risk of dying from COVID-19 is especially high for them. Our research aims to explore how people aged 65 and over experience these measures and the fact of being labelled as vulnerable. Based on fieldwork taking place in the Swiss Alps and in different regions of the U.S., it focuses in particular on older people who were already facing social and economic precarity prior to the pandemic, and whose daily lives are now also shaped by their belonging to an ‘at risk’ group in the context of the COVID-19.