The papers in this Special Issue compellingly show that older adults' everyday cognitive life is governed not by the decline in elementary cognitive processes as measured in the lab, but by a multitude of compensatory mechanisms, most of which are of the social/motivational variety. Much of this compensatory behavior can be elicited with no or only little experimental prodding, underscoring the self-organizing or self-initiated nature of this type of behavior, even in advanced old age. We suggest that the study of compensation and the orchestration of cognitive, social, and motivational compensatory mechanisms in effective and healthy aging provides a meaningful challenge to traditional ways of examining developmental changes in cognitive performance.