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Issues of late career have recently attracted much political and public interest but contributions from research have been meagre. In this article, a review is made of the literature on cognitive ageing and learning abilities in an occupational context. Multidimensional and non-linear perspectives are increasingly replacing models of late career as a period of declining expertise. Data from a European Union Framework Program 4 research project 'Working Life Changes and the Training of Older Workers' (WORKTOW) supports such a redefinition. Also, the optimistic scenarios for late career that are held out by the literature on 'boundaryless careers' are challenged. A sociocultural framework that is more sensitive to the institutional and cultural context of age differences in learning at work is asked for.