Future Self
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The psychological research on the future self examines the processes and consequences associated with thinking about oneself in the
future The future is the time after the past and present. Its arrival is considered inevitable due to the existence of time and the laws of physics. Due to the apparent nature of reality and the unavoidability of the future, everything that currently ...
. People think about their future selves similarly to how they think about other people. The extent to which people feel psychologically connected (e.g., similarity, closeness) to their future self influences how well they treat their future self. When people feel connected to their future self, they are more likely to save for
retirement Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their j ...
, make healthy decisions, and avoid ethical transgressions. Interventions that increase feelings of connectedness with future selves can improve future-oriented decision making across these domains.


Philosophical foundations

Psychological research on the future self often attributes its theoretical foundations to the philosopher
Derek Parfit Derek Antony Parfit (; 11 December 1942 – 1 or 2 January 2017) was a British philosopher who specialised in personal identity, rationality, and ethics. He is widely considered one of the most important and influential moral philosophers of ...
. Parfit argued that people might differ in the extent to which they feel similar and connected to themselves in the future. Under Parfit's conceptualization, people act rationally by basing their concern for their future on the degree of connectedness between present and future selves. According to Parfit, it is rational for people who perceive very little connectedness with their future self to act in ways that neglect the future self (e.g., by smoking). The psychological work that followed did not similarly argue for Parfit's normative view but has instead attempted to test the descriptive validity of Parfit's theory.


Psychological theory

Social psychological and neurological evidence suggests that people think about themselves in the future similarly to how they think about other people. Just as feeling close to others increases prosocial giving, feeling close to one's future self motivates people to delay present gratification in order to benefit themselves in the future.


Measuring psychological connectedness

Shane Frederick Shane Frederick is a tenured professor at the Yale School of Management. He earlier worked at Massachusetts Institute of Technology. He is the creator of the cognitive reflection test, which has been found to be "predictive of the types of choice ...
initially tested whether the degree of connectedness with the future self is associated with less discounting of future benefits (in dollar amounts and time). Asking subjects how similar they felt to their future selves on a 1-100 scale, Frederick did not find a statistically significant relationship between the degree of connectedness and
discounting Discounting is a financial mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee.See "Time Value", "Discount", "Discount Yield", "Compound Interest", "Efficient ...
of future benefits. However, later researchers argued Frederick did not find a connection because of the way he measured connectedness. In 2009, Hal Hershfield and colleagues introduced a new measurement of psychological connectedness by adapting the Inclusion of Other in the Self Scale, where the relationship between present and future selves is depicted with seven pairs of successively overlapping circles. Using this measurement, Hershfield, as well as Daniel Bartels and Oleg Urminsky, have now demonstrated a robust relationship between psychological connectedness and discount rates. The more psychologically connectedness people feel between present and future selves, the more they care about the future, and the less they discount future benefits.


Manipulating psychological connectedness

The research that followed showed systematic ways to enhance psychological connectedness. Experiments have manipulated connectedness by having participants: #Interact with a visual depiction of their future self (increased connectedness) #List ways in which they expect to be similar to themselves in the future (increased connectedness) #Expect an upcoming event (e.g., college graduation) to fundamentally change who they are (decreased connectedness) The randomized experiments revealed a causal relationship between feeling connected to one's future self and subsequently making more patient long-term decisions.


Policy applications


Finances

In one of the first experiments to enhance psychological connectedness with the future self, participants were given immersive
virtual reality Virtual reality (VR) is a simulated experience that employs pose tracking and 3D near-eye displays to give the user an immersive feel of a virtual world. Applications of virtual reality include entertainment (particularly video games), educ ...
technology and instructed to look at themselves in a virtual mirror. The experimenters randomized whether participants saw an age-progressed version of themselves (meant to look approximately 70 years old) or a current-aged self. Participants that interacted with their future self were more likely to delay present monetary rewards and indicated greater intentions to save for retirement. Leveraging the insights from this experiment, firms such as
Merrill Lynch Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment bank ...
have since adopted web applications with age-progressing software in order to increase retirement savings. The finding has been conceptually replicated with multiple diverse samples. In one
field experiment Field experiments are experiments carried out outside of laboratory settings. They randomly assign subjects (or other sampling units) to either treatment or control groups in order to test claims of causal relationships. Random assignment helps ...
, students from economically diverse backgrounds that had weekly interactions with an avatar of their future self demonstrated heightened performance during a
financial education Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance is now a focus of state-run prog ...
course. A team of researchers, in collaboration with Ideas42, launched another replication with thousands of Mexican citizens. Before deciding whether to sign-up for an automatic savings account, the treatment group was asked to spend time vividly imagining their lives in the distant future. Compared to a 1% take up rate in the control condition, 3% of people in the treatment condition enrolled in the automatic savings account. The effect of psychological connectedness on financial decision making is moderated by knowledge about future outcomes. When people are unaware of their future financial needs, regardless of how connected they feel, they are unlikely to save for the future. Similarly, people that have full information about the consequences of their financial actions will only save if they also feel connectedness with their future self. The researchers argue that policy makers who provide information to consumers on retirement savings should also consider simultaneously enhancing psychological connectedness. People are most likely to save rather than spend when they are knowledgeable about the outcomes of their decisions ''and'' feel connected to their future selves. In 2017, the
Consumer Financial Protection Bureau The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector. CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortg ...
included a measure of psychological connectedness to the future self in its first Financial Wellbeing Survey.


Health

Applying the existing theory, researchers hypothesized that increasing feelings of connectedness with the future self should cause people to make healthier
dieting Dieting is the practice of eating food in a regulated way to decrease, maintain, or increase body weight, or to prevent and treat diseases such as diabetes and obesity. As weight loss depends on calorie intake, different kinds of calorie-redu ...
and
exercising Exercise is a body activity that enhances or maintains physical fitness and overall health and wellness. It is performed for various reasons, to aid growth and improve strength, develop muscles and the cardiovascular system, hone athleti ...
decisions. Correlational evidence suggests that feeling psychologically connected to the future self corresponds with greater self-reported health. In randomized experiments, participants that wrote in detail about a distant future self were more likely to exercise in the days following the intervention.


Ethicality

People engage in ethically dubious behavior because they tend to neglect the potential future consequences of their behavior, but feeling connected to one's future self should lead them to discount the future less and thus avoid ethical transgressions. Experiments have found that assigning participants to write about their future selves can decrease support for unethical
negotiation Negotiation is a dialogue between two or more people or parties to reach the desired outcome regarding one or more issues of conflict. It is an interaction between entities who aspire to agree on matters of mutual interest. The agreement c ...
strategies. In another set of experiments, after interacting with a 40-year old version of themselves in immersive virtual reality, college students were less likely to cheat on a following task. In a field experiment in the
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, high schoolers that received texts from an
avatar Avatar (, ; ), is a concept within Hinduism that in Sanskrit literally means "descent". It signifies the material appearance or incarnation of a powerful deity, goddess or spirit on Earth. The relative verb to "alight, to make one's appearanc ...
of their future self were less likely to engage in delinquent and anti-social behavior.


Related constructs


Possible selves

Future selves are specific ideas about who one might become in the future. Possibles selves include the ideal selves people hope to become, other selves who people could become, and selves people are afraid of becoming. Future selves can serve as a roadmap to guide individuals from where they are in the present to where they imagine being in the future. However, in
cognitive psychology Cognitive psychology is the scientific study of mental processes such as attention, language use, memory, perception, problem solving, creativity, and reasoning. Cognitive psychology originated in the 1960s in a break from behaviorism, which ...
, the future self is one type of a broader concept called 'possible selves'. These possible selves are psychological schema representing multiple alternative versions of the self, encompassing past and future selves that together characterise regrets, doubts, hopes, worries, and fantasies about who we may have been previously and who we may become. The way individuals envision their possible selves influences their behaviour and its outcomes. For example, when the future selves of a subject are indicative of unattainable fantasies, rather than reasonable expectations, effort and performance are lower across educational, dating, and medical contexts. Identifying and exploring their possible selves with a therapist is one strategy by which clients pursue positive cognitive, emotional, and behavioural change in psychotherapy. An example of a technique that endeavours to facilitate this exploration can be seen in the work of British psychotherapist
Paul Newham Paul Newham (born 16 March 1962) is a retired British psychotherapist known for developing techniques used in psychology and psychotherapy to facilitate and examine two forms of human communication: the interpersonal communication through which ...
, who encourages clients to use creative writing and dramatic
characterisation Characterization or characterisation is the representation of persons (or other beings or creatures) in narrative and dramatic works. The term character development is sometimes used as a synonym. This representation may include direct methods ...
to express and personify past and future selves, in order to subsequently interpret their psychological significance.


Want-should conflicts

Want-should conflicts refer to internal conflicts between one's ''want'' ''self'' and one's ''should self''. The theory assumes people simultaneously hold two sets of preferences; one associated with their ''want self'' (i.e., present-focused, hedonistic) and one associated with their ''should self'' (i.e., future-focused, utilitarian). Interventions that seek to increase patient decision making, for example, can use commitment devices to ensure people act on their ''should'' preferences and avoid succumbing to their ''want'' preferences.


Delayed gratification

Enhancing psychological connectedness to the future self can improve ability to delay gratification.
Walter Mischel Walter Mischel (; February 22, 1930 – September 12, 2018) was an Austrian-born American psychologist specializing in personality theory and social psychology. He was the Robert Johnston Niven Professor of Humane Letters in the Department ...
devoted a chapter to the future self in his book, ''The Marshmallow Test''.


See also

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Self-concept In the psychology of self, one's self-concept (also called self-construction, self-identity, self-perspective or self-structure) is a collection of beliefs about oneself. Generally, self-concept embodies the answer to the question ''"Who am I? ...
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Personal identity Personal identity is the unique numerical identity of a person over time. Discussions regarding personal identity typically aim to determine the necessary and sufficient conditions under which a person at one time and a person at another time can ...
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Intertemporal choice Intertemporal choice is the process by which people make decisions about what and how much to do at various points in time, when choices at one time influence the possibilities available at other points in time. These choices are influenced by the ...
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Discounting Discounting is a financial mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee.See "Time Value", "Discount", "Discount Yield", "Compound Interest", "Efficient ...
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Identity Identity may refer to: * Identity document * Identity (philosophy) * Identity (social science) * Identity (mathematics) Arts and entertainment Film and television * ''Identity'' (1987 film), an Iranian film * ''Identity'' (2003 film), ...
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Open individualism Open individualism is the view in the philosophy of self, according to which there exists only one numerically identical subject, who is everyone at all times, in the past, present and future. It is a theoretical solution to the question of persona ...


References

{{Reflist Conceptions of self