The current study aims to examine the role that physical and mental well-being plays in falsely remembering information in both younger and older adults. Participants completed 4 memory tasks and well-being measures. Whereas older adults had better mental well-being, younger adults had better physical well-being; however, well-being was not related to their likelihood of falsely remembering stimuli. Results suggest that well-being varies between age groups but is not related to false memories.