How Tomorrow Feels Today

Picture you have actually just been through a significant life occasion: The birth of a kid. A significant award. The loss of a task. A divorce. Now picture yourself 10 years in the future and try to envision how that occasion affected your general wellness. Research study reveals that– more often than not– your forecasts will miss the mark. Why is that?

On this episode of Choiceology with Dan Heath (), we take a look at a predisposition that affects the method you believe you'll feel in the future.

The program begins with a quick study based on the work of psychologists Daniel Gilbert () and Timothy Wilson (). The study shows– in a surprising method– our propensity to misjudge the significance of future events.

From there we raise the stakes with 2 extremely remarkable stories from the opposite ends of human psychological experience. Diann Roffe () explains the elation she felt after a sensational athletic achievement, and Scott Fedor () shares the harrowing story of a life-altering injury. And while these occasions were totally various, you may be surprised to find out how they impacted Scott and Diann's lives over the long term.

Boston University professor Carey Morewedge () discusses how this bias works and provides suggestions to help you re-examine your biggest hopes and worries.

Discover how to lower the influence of this predisposition in your financial decisions in a post called "Can You Truly Know Your Future Self? () "

Choiceology is an original podcast from Charles Schwab (). For more on the series, visit schwab.com/podcast ().