The present article reports a study conducted to develop and validate a Danish translation of the Purpose in Life test‐Short Form (PIL‐SF) and examine age effects on this eudemonic measure. The study examined the reliability, unidimensionality, and construct validity of the Danish PIL‐SF using a large and representative sample (N = 4,849). The results indicated that the Danish PIL‐SF is a reliable and valid measure of meaning and purpose in life, positively associated with but distinct from hedonic well‐being. The high degree of similarity between the measurement properties of the Danish PIL‐SF, as compared with the English‐language PIL‐SF, supports the validity of the Danish translation. Furthermore, the unidimensional structure of the Danish measure replicates the structure of the English‐language PIL‐SF. Given its large and representative sample, the present study provides the current best estimate of a normative population value for the PIL‐SF. Also, the present study is the first to our knowledge to explore potential relationships between age and the PIL‐SF, and a small positive effect of age on the Danish PIL‐SF was found. Limitations and suggestions for further research are discussed.