Study: Imagining Yourself in Retirement Will Get You to Save More


Have you ever felt life was moving by so slowly that it seems like you will never retire? If so, you are not alone.

Most people are so busy and focused on the present moment that they have trouble thinking about the future. This is a problem because it means many Americans struggle to save enough for retirement.

A recent study out of New York University found just imagining yourself in the future might be enough to get you to save more.

For this study, the researchers took two groups of participants. The first group had their photos taken and the researchers used computer rendering to show the participants what they might look like as they got older. The second group was not shown these photos.

“By imagining yourself in retirement,

you will see the benefit of saving.”

From there, each participant was asked what they would do if they were given $1,000 right now. Possible choices included putting the money in the bank, buying someone a nice present, planning a fun event or investing the money.

The other group was more likely to choose an option that spent the money.

This could be a simple trick to get you to subconsciously save more money. Simply by imagining yourself in retirement one day, you will be able to see the benefit of putting money aside, which will help encourage better financial decisions.

Source: Photo source:

Advertiser Disclosure is a free online resource that offers valuable content and comparison services to users. To keep this resource 100% free for users, we receive advertising compensation from the financial products listed on this page. Along with key review factors, this compensation may impact how and where products appear on the page (including, for example, the order in which they appear). does not include listings for all financial products.

Our Editorial Review Policy

Our site is committed to publishing independent, accurate content guided by strict editorial guidelines. Before articles and reviews are published on our site, they undergo a thorough review process performed by a team of independent editors and subject-matter experts to ensure the content’s accuracy, timeliness, and impartiality. Our editorial team is separate and independent of our site’s advertisers, and the opinions they express on our site are their own. To read more about our team members and their editorial backgrounds, please visit our site’s About page.