Provided there is adequate financial, medical, and social support, adults in late life can benefit from both a reduction in stressful responsibilities and ongoing gains in psychological maturity. Many researchers talk of wisdom, which is loosely defined as better emotional regulation, judgment, understanding of the ways of the world, and empathy for others. With increasing age, there is generally a reduction in impulsive, impetuous behavior and emotional volatility along with an improved ability to see things from others’ perspectives. In many cultures, the elderly are valued for their wise advice. If the older adult is in relatively good health, particularly in the earlier stages of late adulthood, there is enhanced opportunity for enjoyable leisure activities.