"Rōnyaku-nannyo老若男女" means "old and young, men and women" - referring to people of all ages and genders.
"It's a comprehensive way to say "everyone" or "people from all walks of life."
EX.
このお祭り(おまつり)には老若男女(ろうにゃくなんにょ)の人(ひと)たちが参加(さんか)しました!
People of all ages and genders participated in this festival!