The purpose of this study was to determine if self-reported exercise status (exercise, nonexercise) and ambulatory status (aid, no aid) discriminate between balance performance and balance self-efficacy of older adults, ages 65 to 95 years. Participants were 14 males and 46 females in a retirement home that contained a supervised fitness center. An activities- specific balance confidence scale and three balance performance tests yielded data. Data from males and females were combined because independent t tests revealed no significant gender differences. The Mann Whitney U test revealed that (a) exercisers (M age = 83.4) scored significantly higher than nonexercisers (M age = 83.7) on all measures, and (b) nonaid users (M age = 83.5) scored significantly higher than aid users (M age = 83.7). Findings indicate that regular exercise (at least 30 min per day, 3 days per week) and ambulation without a cane or walker are descriptors of older adults with good balance performance and high balance self-efficacy.