This document summarizes the development of microstructural models to predict the lifetime of nickel-based superalloys and MCrAlY coatings used in jet engine components. It describes characterizing the microstructure of an IN738 alloy and two MCrAlY coatings after various heat treatments. Models were developed relating the carbide ratios in IN738 and thickness of diffusion zones in coatings to temperature and time. The models aim to act as virtual time-temperature recorders to predict component lifetime based on microstructural evolution.