“…Many of these theories are built around research indicating that normal aging (implicitly, brain aging) causes selective declines in “fluid cognitive abilities” (a.k.a., deliberative functions; for example, processing speed, working memory, executive functioning; Horn & Cattell, ; Park & Schwarz, ; Peters, Hess, Västfjäll, & Auman, ; Salthouse, ; Schaie & Willis, ), while allowing for relative preservation or growth in “crystallized cognitive abilities” (knowledge; Horn & Cattell, ; Park & Schwarz, ; Salthouse, ; Schaie & Willis, ). In addition, normal aging has been associated with maintenance of affective skills (“affective resiliency”) and an increased prioritization of social and emotional goals (Carstensen et al, ) which can lead to selective processing of affective information (“affective enhancement”; Peters et al, ), increased efforts to regulate emotional states (Kryla‐Lighthall & Mather, ), and an increased reliance on affective/intuitive processing relative to deliberative processing (Huang, Wood, Berger, & Hanoch, ; Mikels, Cheung, Cone, & Gilovich, ; Peters & Bruine de Bruin, ). For example, the affect–integration–motivation (AIM) framework (Samanez‐Larkin & Knutson, 2015) describes how brain aging, preserved crystallized abilities, age‐related changes to affective goals may intersect to impact decision behavior in a context‐dependent manner.…”