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Go for simple, structural silhouettes.

This fiery-red Elie Saab dress Nicole wore to a screening of Snow Flower & The Secret Fan is just gorgeous.

Go for simple, structural silhouettes.

It doesn't get much better than Meryl in this bold-shouldered, elegantly draped white gown by Chris March.

Show off those shoulders.

You might feel self-conscious about certain areas of your body as you age, but the shoulders and collarbone region maintain their appeal well into a woman's later years.

Show off those shoulders.

Lookin' good, Streep.

Put a belt on it.

Sure, Nicole's waist is teensier than most—but belting a dress or simple separates is flattering on absolutely everyone.

Put a belt on it.

Meryl pulled together a printed dress with a wide black waist-cincher at the 2010 SAG Awards.

Opt for shimmering—but not over-the-top—embellishment.

"Oh yeah—she's mine!" read the thought bubble above Keith Urban's head at the 2012 Golden Globes. Ah, the power of Versace.

Opt for shimmering—but not over-the-top—embellishment.

This plunging plum-colored gown Meryl picked for the 2006 Oscars was finished with hundreds on tone-on-tone sequins. Lovely—and still subtle.

When in doubt, put on some Lanvin.

What can we say? Monsieur Alber Elbaz's creations look good on girls of any age.

When in doubt, put on some Lanvin.

Elbaz made Meryl this Midas-style gown for the 2012 Oscars. We think she looked better than ever that night.