Social satisfaction in late adulthood originates from competing sources. Older adults tend to be more positive and less negative than younger adults, but social contact and working memory often decrease with age, both of which might limit older adults' social functioning. In the current study of younger and older adults, these socially facilitative vs. socially debilitative changes were found to underlie stasis in social satisfaction. These findings show that the lack of an overall effect for age can mask competing changes in social functioning in late adulthood, as the sources of social satisfaction might change even if the outcome does not.