This study is a phenomenological study conducted to gain a deeper understanding of the positive psychological capital experience of the elderly women who participated in the long-term movement. In Korea, women are eight years older on average than men, and two-thirds of the elderly in need are women, so research on the issue of women and senior citizens is urgent. The research participants include seven female senior citizens from the Seoul-based sports center. The data collection was conducted through in-depth interviews once for 90 to 180 minutes and twice per participant from March to May 2020, and was analyzed using the phenomenological research method of Colaizzi. The analysis results showed that regular life, relationship and interest life, changing life, and satisfying life were factors that acquired and developed positive psychological capital for elderly women, which were possible only if they maintained their health, regularity and relationship. The experience of participants who achieved successful aging by acquiring positive psychological capital through exercise is suggested as a solution to aging social problems, and furthermore, it is expected to serve as a healthy guide for successful aging for young and old people ahead of their old age.