“…Older adults are not only motivated to maintain affective well‐being, but are also adept at doing so because of the experience gained throughout a lifetime of coping with difficult experiences. The notion that accrued life experiences result in increased knowledge and insight would strike many as unsurprising, as images of wise older adults exist in several cultures (Stavenuiter, 1995). Psychologists posit that chronological age is accompanied by increased knowledge (Blanchard‐Fields, 2007), social expertise (Hess & Auman, 2001), and the ability to understand the intentions of others (Happe, Winner, & Brownell, 1998), all of which are hypothesized to contribute to well‐being (Blanchard‐Fields, 2007).…”