[Purpose] The present study compared assessments utilized to evaluate judgment errors in the elderly. [Subjects and Methods] A total of 94 community-dwelling elderly participants in an examination of physical fitness for health promotion and health guidance in a rural area in Japan were included. Spatially and temporally predictive tasks were used to evaluate judgment errors. Distances measured on the Functional Reach and upward reaching tests were used to assess spatial prediction, and times measured on the Timed Up and Go test and Standardized Walking Obstacle Course were used to assess temporal prediction. Differences between the self-predicted values and actual results were deemed judgment errors. [Results] Significant differences were observed between self-predicted abilities and the patients’ performances. Participants underestimated their abilities in spatially predictive tasks and overestimated them in temporally predictive tasks. On comparing the four tasks, there were significant differences in judgment error ratios between them. Statistical analysis indicated a significant difference in the judgment error ratio for the Standardized Walking Obstacle Course correlated with a history of falls. [Conclusion] Judgment errors were identified using both spatially and temporally predictive tasks. A temporally predictive task like the Standardized Walking Obstacle Course might better evaluate judgment errors in the elderly.