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Description: Accumulated evidence indicates both stable and malleable parts of inter-individual differences in the broad Big Five domains. Less is known, however, about stability and change at the more diversified facet level. With the current study, we fill this gap by investigating personality stability and change across midlife and old age We apply local structural equation measurement models and second-order growth curve models to four waves of data obtained with the full NEO Personality Inventory (NEO-PI-R) collected over 11 years from 1,667 adults (Mage = 62.69 years, SDage = 15.62, range 25 thru 99; 55% female) born between 1902 thru 1976 who participated in the Seattle Longitudinal Study. Measurement invariance analyses indicated that the psychometric properties of the NEO-PI-R facets are indeed comparable across time and age. Results revealed substantial rank-order stabilities across all facets, yet the exact pattern of stability varied strongly between facets both within the same trait and across traits. Mean-level change from midlife to old age for all facets largely mirrored the mean-level change observed for the broader traits. We discuss conceptual implications that arise from our findings and argue that in the face of overall stability across midlife and old age, changes in the rank-ordering of people reveals a much more complex and diverse pattern of development than analyses at the trait level suggest.