They say a child is one of the best gifts to ever receive, but does it still apply if you're over the age of 50?
At the ripe old age of 69, Richard Gere seems to think so, as he and his wife Alejandra just announced the news in an adorable Instagram post.
It even featured a very special guest.
"A very special moment just a few minutes ago... Getting blessings for our precious to come.. we couldn't say it before telling HH Dalai Lama," Alejandra captioned the picture of His Holiness blessing her growing baby bump.
"They're so comfortable with each other."
This will be the second child for both Gere and Alejandra, as the Chicago star also shares 18-year-old son Homer with his ex-wife Carey Lowell, while Alejandra has a five-year-old son from a previous relationship.
Gere, who was also previously married to supermodel Cindy Crawford, tied the knot with the 35-year-old this past April in Madrid after a four-year courtship, and are said to be "extraordinarily happy" with each other.
"They're so comfortable with each other, have fun together and are looking forward to their future together," a source told PEOPLE of the couple's relationship.
Following their nuptials, Gere wouldn't stop bragging about his wife in an interview with HELLO! Magazine.
"I'm the happiest man in the universe," he told the outlet. "How could I not be? I'm married to a beautiful woman who is smart, sensitive, committed to helping people, who's fun, patient, who knows how to forgive, who's a great cook "“ and who makes the best salads in the world!"
"Alejandra meditates, she's a vegetarian, a great mother, has the touch of an angel... and she's also Spanish: the land of kings and queens, of Cervantes and Bunuel... You can't get any better than that."
In an interview with Spanish outlet HOLA!, Alejandra echoed her husband's sentiments.
"I was a little lost, without light and knowing him gave meaning to my life," she told the publication. "It was feeling that someone was reaching out and showing me my true path."
However, his marriage to Alejandra isn't the only topic Gere's been vocal about, as he often discusses his longtime Buddhist faith.
"Practicing Buddhism and doing humanitarian work have fulfilled and transformed him."
In an interview with The Hollywood Reporter, Gere asserted the reason he is no longer cast in mainstream movies is due to the Tibetan originals of his faith and its conflict with China.
"There are definitely movies that I can't be in because the Chinese will say, 'Not with him,'" Gere said, adding that China has a growing influence in the film industry.
"I recently had an episode where someone said they could not finance a film with me because it would upset the Chinese."
But despite its part in limiting his potential movie roles, a source close to the Runaway Bride actor told PEOPLE that the religion has changed his life.
"Practicing Buddhism and doing humanitarian work have fulfilled and transformed him, and he is at a stage when he can make the kinds of films that he likes," the insider shared.
Congratulations to the Geres, we wish nothing but happiness to the expanding family!