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Covid-19-related social-distancing measures have dramatically limited physical social contact between individuals and increased monetary and health concerns for individuals of all ages. We wondered how these new societal conditions would impact the choices individuals make about monetary, health, and social rewards, and if these unprecedented conditions would have a differential impact on older individuals. We conducted two online studies to examine temporal discounting of monetary, health, and social rewards; stated preferences for monetary, health, and social rewards; and physical distancing behaviors. Both studies recruited equal numbers of White/Caucasian, Black/African American, and Hispanic/Latinx participants. We found that older adults were more likely to prefer smaller, sooner social and health-related rewards in decision-making tasks. These data further support the assertion that older adults have increased motivation for social and health rewards compared to younger individuals and that these age differences in motivation are important to consider when examining decision-making across the adult life span.