The work aims to propose an emotional product design method for the elderly based on the emotional value of the elderly in the intergenerational narration, to help the elderly get positive emotional experience during the intergenerational narration. The emotional needs of the elderly in intergenerational narration were identified from the source situation of intergenerational narration. Through emotional experience activity analysis and need decomposition, the product design need was mapped from instinct level, behavior level and reflective layer. By integrating innovation, the emotion of the elderly was decoded in their product use and interaction. Based on the intergenerational narration-oriented product design model for the elderly, the feasibility and effectiveness of the proposed method were verified by the design practice from appearance, function, interaction and connotation of product. Starting from the emotional experience of the elderly in the intergenerational narration, the research discusses the methods and paths of the intergenerational narration-oriented emotional product design for the elderly. The established theories and research methods have universal applicability to the emotional product design for the elderly, which can provide reference for related elderly product design research.