Autobiographical memory narratives concerning times in which individuals said, thought, or did something wise were collected from adolescents and young and old adults. This "wisdom of experience" procedure is shown to be a valid means of studying experienced wisdom in everyday lives across the life span. Results show that all age groups use experienced wisdom to transform negative to positive life situations and are equally likely to link these experienced wisdom events to larger temporal life periods. Young and older adults also relate wisdom experiences to the life story by explaining how they are connected to later life consequences or to the direction that their life has taken. Unlike adolescents, older and, especially, young adults report having learned lessons about themselves or having gained a life philosophy from the wisdom-related event. Thus, the wisdom-of-experience procedure highlights both similarities and differences in the life span manifestation of experienced wisdom.