Many populations of especially long-lived species show large temporal variation in age structure, which can complicate estimating of important population parameters. This occurs because it can be difficult to disentangle whether variation in numbers is due to fluctuations in the environment or caused by changes in the age distribution. This chapter shows that fluctuations in the total reproductive value of the population, that is, the sum of all individual reproductive values, often provide a good description of the population dynamics but still is not confounded by fluctuations in age structure. Because the change in the total reproductive rate is exactly equal to the growth rate of the population, this quantity enables decomposition of the long-run growth rate into stochastic components caused by age-specific variation in demographic and environmental stochasticity. The chapter illustrates the practical application of this approach in stochastic demography by analyses of the dynamics of several populations of birds and mammals. It puts a strong focus on these methods being particularly useful in viability analyses of small populations of vulnerable or endangered species.