I apologize for the delay in responding, and thank you for posting. Yes! A classic technique for aging someone is old-age stipple: you stretch the skin, paint on a thin layer of latex or a special stipple product, dry it, and release, which creates fine wrinkles. Then you deepen the natural lines with shadow and highlight makeup, add age spots, and gray the hair and eyebrows.
For bigger changes, makeup artists use prosthetic appliances. Always do a patch test for latex allergies, and test the look on camera under your actual lighting. You can learn more by searching for tutorials from professional makeup artists.