Past research suggests that the ability to recognise the emotional intent of a speaker decreases as a function of age. Yet, few studies have looked at the underlying cause for this effect in a systematic way. This paper builds on the view that emotional prosody perception is a multi-stage process and explores which step of the recognition processing line is impaired in healthy ageing using time-sensitive event-related brain potentials (ERPs). Results suggest that early processes linked to salience detection as reflected in the P200 component and initial build-up of emotional representation as linked to a subsequent negative ERP component are largely unaffected in healthy ageing. The two groups show, however, emotional prosody recognition differences: older participants recognise emotional intentions of speakers less well than younger participants do. These findings were followed up by two neuro-stimulation studies specifically targeting the inferior frontal cortex to test if recognition improves during active stimulation relative to sham. Overall, results suggests that neither tDCS nor high-frequency tRNS stimulation at 2mA for 30 minutes facilitates emotional prosody recognition rates in healthy older adults.