Answer:
As they say ''Time enriches us with experience''. With time people learn many things, and the longer you have lived the more knowledge you have. So I'd go with a yes. We learn alot from elders, they are basically our teachers.
The fact that they are the one who have taught us to live and love cannot be denied. They have gone through most of the things we're going through and they know how to handle it. They've made many decisions, some they have regretted and others they are satisfied with. They want us to make use of their experience and avoid making wrong choices.
My grandma always encourages me to try again every time I fail, with a few helpful tips.
We do learn many things from our elders but there are things that even they don't know. but lets respect them for what they do know....