This study assessed the reliability and validity of the Activities Checklist (Reid & Ziegler, 1981) as well as its utility for predicting cognitive functioning in the elderly. Data were drawn from two longitudinal projects where elderly subjects had been tested on two occasions approximately five years apart. Test-retest reliabilities were .54 and .43 for the larger (N = 158) and smaller (N = 76) samples respectively. Validity was demonstrated by an age shift towards more passive activities and by positive correlations with education, occupational status, health and well-being. Weighted versions of activity scores were not superior to unweighted versions as predictors of cognitive functioning. For both samples activity levels significantly predicted performance on some cognitive measures. It was concluded that the Activities Checklist is a potentially useful instrument to employ in the study of individual differences in cognitive aging.