Falls are one of the major health problems affecting the quality of life among older adults. The aging process is associated with decreasing muscle strength and an increasing risk of falling. The variables and techniques adopted to quantify muscular strength and postural stability were different in each protocol; a great number of reports analyzed the risk factors and predictors of falls, but the results appear still uncertain. To date, there is no clear, definitive statement or review that has examined the effect of the quadriceps strength on static balance performances in different sensory conditions. This contribution aims to provide an overview of experimental works to increase the comprehension and prevention of falls and fall-related injuries in the elderly. Based on a review of the literature, this work was designed to explore the relationship among risk of falls, postural stability, and muscular strength of lower limbs in older adults.