Older individuals with sexual/gender minority and minority racial/ethnic identities typically face multiple unique challenges, along with opportunities to overcome these obstacles. Published studies on the difficulties faced by sexual and gender minorities are available; however, research on older adults with both racial/ethnic minority and sexual and gender minority identities is rarer. These individuals must confront various forms of discrimination related to ageism, homophobia and racism. Resilience likely plays a role in their ability to manage and survive multiple challenges and discriminatory experiences, yet targeted research on these populations is lacking. This article offers a preliminary model that incorporates prevalent threats to these populations’ well-being and their deleterious psychosocial correlates, especially, whenever available, the unique challenges that older individuals must face when age, sexual orientation and race/ethnicity intersect. Recommendations are made to optimise the expansion and empirical testing of this preliminary model.