An individual-differences approach was used to examine the component p
rocesses that predict episodic long-term memory performance. A total o
f 301 participants ages 20-90 received a 7-hr cognitive battery across
3 days. Key constructs hypothesized to affect long-term memory functi
on were assessed, including multiple measures of working memory and pe
rceptual speed. Latent-construct, structural equation modeling was use
d to examine the relationship of these measures and age to different t
ypes of long-term memory tasks. Speed was a key construct for all 3 ty
pes of memory tasks, mediating substantial age-related variance; worki
ng memory was a fundamental construct for free and cued recall but not
spatial memory. The data suggest that both speed and working memory a
re fundamental to explaining age-related changes in cognitive aging bu
t that the relative contributions of these constructs vary as a functi
on of the type df memory task.