A Vivid Future Self: Immersive Virtual Reality Enhances Retirement Saving
Time and Location
Poster Session IX - Board: IX-013
Sunday May 25, 2008, 8:00 AM - 9:00 AM
Some theorists have proposed that a more vivid perception of one’s future self could help increase saving behavior. When young adults interacted with an age-morphed version of themselves in an immersive virtual reality environment, they allocated significantly more money toward retirement compared to participants in a control condition.