Erikson proposed that,late in life,individuals face their final psychosocial crisis:

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Erikson's final psychosocial crisis is integrity vs. despair, which occurs in late adulthood. During this stage, individuals reflect on their life and experiences, and may either feel a sense of satisfaction and wholeness (integrity) or regret and dissatisfaction (despair). Option A (industry vs. inferiority) is the psychosocial crisis that occurs during middle childhood, while option B (generativity vs. stagnation) occurs during middle adulthood, and option C (intimacy vs. isolation) occurs during early adulthood.

Erikson Proposed That,late in Life,individuals Face Their Final Psychosocial Crisis