The aging process is characterized by the paradox of well-being: despite advancing age and the decline in objective health, the different dimensions of affective and cognitive well-being remain relatively stable and in some cases even increase. This phenomenon is associated with emotional regulation strategies adopted by the elderly to compensate the frailty process. However, research on life satisfaction trajectories showed cohorts effects for women, which suggest that some dimensions of subjective well-being can also be affected by context influences. The aim of this study is to understand how the phenomenon of the paradox of well-being is altered by characteristics of the period in which individuals live (such as the economic crisis or cohort effects). But also to understand how psychological and social resources modulate the effects of age and period on different dimensions of subjective well-being. We based our analyses on a subsample of individuals aged 60+ of the Swiss Household Panel (SHP). Because the SHP is a longitudinal survey and comprises a wide range of cognitive well-being dimensions (general life satisfaction, satisfaction with family, with leisure activities, with finance and with health), it is therefore possible to analyze the paradox of well-being in a more acute way. Preliminary results confirm first the paradox of well-being at the longitudinal and at the cross-sectional level. Second, they tend to indicate period effects on some dimensions of well-being. Finally, further analyses will explore to what extend social support, and two dimensions of control – perceived constraints and self-mastery - modulate this relation.