This chapter reflects on the twelve-year Swiss research program, “Overcoming vulnerability: Life course perspectives” (LIVES). The authors are longstanding members of its scientific advisory committee. They highlight the program’s major accomplishments, identify key ingredients of the program’s success as well as some of its challenges, and raise promising avenues for future scholarship. Their insights will be of particular interest to those who wish to launch similar large-scale collaborative enterprises. LIVES has been a landmark project in advancing the conceptualization, measurement, and analysis of vulnerability over the life course. The foundation it has provided will direct the next era of scholarship toward even greater specificity: in understanding the conditions under which vulnerability matters, for whom, when, and how. In a process-oriented life-course perspective, vulnerability is not viewed as a persistent or permanent condition but rather as a dormant condition of the social actor, activated in particular situations and contexts.