The Art of Manliness - July 31, 2025


Life's 10 Biggest Decisions


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Summary

In this episode, psychologist Dr. Adrian Camilleri talks about the criteria that define a big life decision, the most common ones people make, and which of these decisions people rank as being the most important. We then talk about the numbers and types of big life decisions people typically make in each decade of their lives, and how these decisions tend to be front-loaded in your 20s, but you'll still have a surprising number to make in your later years too.


Transcript

00:00:00.000 Brett McKay here and welcome to another edition of the Art of Manliness podcast. Now, how many
00:00:11.220 of your life's 10 biggest decisions have you already made? My guest today, psychologist,
00:00:15.760 Dr. Adrian Camilleri would often ask this question to friends and family and found that it generated
00:00:20.180 a lot of interesting conversation. It also generated a lot of his own thoughts, which
00:00:23.800 made him want to dive more deeply into it and empirically study it and other related questions
00:00:27.660 as well. The result was the biggest life decisions project, which we'll be talking about on the show
00:00:32.140 today. Adrian first explains the criteria that define a big life decision, the most common ones
00:00:36.560 people make, and which of these decisions people rank as being the most important. We then talk
00:00:40.500 about the numbers and types of big life decisions people typically make in each decade of their lives
00:00:44.540 and how these decisions tend to be front-loaded in your 20s, but you'll still have a surprising number
00:00:48.360 to make in your later years too. Adrian shares which decisions people tend to look back on
00:00:52.520 positively and are correlated with higher life satisfaction and which tend to lead to poor
00:00:56.260 outcomes and regret. We also get in the way people can both underestimate and overestimate
00:01:00.160 the importance of some decisions before ending with what Adrian has learned by working on the
00:01:03.420 project about how to make good life decisions. After the show's over, check out our show notes
00:01:07.300 at aom.is slash 10 decisions. Adrian Camilleri, welcome to the show. Thanks for having me, Brett.
00:01:22.260 So you are a consumer psychologist, but you've been doing some research on big life decisions
00:01:29.240 that people make. I'm curious, how did you get started researching big life decisions? How is
00:01:33.140 this connected to your work as a consumer psychologist? Well, as a psychologist, I'm really
00:01:38.820 interested in how people make decisions. Now, most of the decisions that I tend to study are those that
00:01:45.860 you might call small, such as how to choose different options on a menu. But a few years ago,
00:01:51.920 I found myself having to make a number of very large decisions. So I was deciding whether to
00:01:56.840 get married to my longtime girlfriend. I was living in the US at the time, and I had to decide what job
00:02:02.080 to take and whether it was going to be in the US or back home in Australia. And then a little bit
00:02:07.760 after that, I was deciding whether or not to buy a house and have children. So these were so much more
00:02:13.720 important than the decision about what to choose off a menu. And most of my research wasn't really
00:02:20.660 helpful in making these bigger life decisions. And when I looked at the existing literature,
00:02:26.040 I didn't find much to help me there either. So I thought, there seems to be a bit of a gap here.
00:02:31.600 So that's when I decided to start this big life decisions project. And it really began by asking
00:02:37.800 people a pretty simple question, which was, how many of your life's 10 biggest decisions have you
00:02:43.640 already made? And that's a question that really gets the conversation going. So from that point forward,
00:02:49.500 I decided to take a little bit of a more scientific approach and get people's answers to that question
00:02:54.500 and related questions. Okay. So let's talk definitions. In your research, how are you defining
00:02:59.820 a big life decision? My working definition of a big life decision at the start of this project was
00:03:06.060 one in which you explicitly are making a choice between two or perhaps more options, knowing that
00:03:13.640 the outcome is going to have a significant, possibly long-term impact on how you and maybe others live.
00:03:20.480 So that's how I started thinking about, but I really wanted to know what others thought the definition
00:03:25.580 was. So I've asked hundreds of people to tell me what their definition is. And I've taken those responses
00:03:33.140 and I've hired people to read through those responses independent of me to try to synthesize what are
00:03:40.140 the core features of a big decision. And we've come up with nine or 10. So first is the decisions
00:03:46.460 rarely made. So for example, getting married is a typical big life decision. And most people do that
00:03:53.180 once, maybe twice. Decision involves a lot of thinking. And because it's part of the definition,
00:04:00.360 people know they're making a big decision at the time. So they often spend a lot of time thinking
00:04:04.600 about it. The decision outcomes are uncertain. The decision often challenges our morals or values.
00:04:12.400 So for example, the decision to get an abortion is often a really big one. And that often challenges
00:04:17.900 people. The decision often requires significant investment of resources. So here I'm thinking about
00:04:24.820 things like buying a house. The decision rules out many other options. So if you pursue one career,
00:04:31.280 for example, you're ruling out every other career, big decisions tend to impact multiple areas of your
00:04:37.260 life, as well as multiple people in your life. They have long-term consequences. And big decisions
00:04:43.840 tend to be difficult to take back or undo. Gotcha. So those are the ideas of what makes a big life
00:04:52.600 decision a big life decision. When you looked at the research that you've done, these surveys you've done,
00:04:56.860 what are the most common big life decisions that people make?
00:05:01.840 Yes. I've asked hundreds of people to tell me about their biggest life decisions. And they were
00:05:07.280 basically open text boxes where people could tell me anything they wanted to. And I had some really
00:05:12.600 fascinating stories come up, but it was a mess initially. So I was really trying to come up with
00:05:18.040 some kind of structure. In the end, I came up with a structure that had nine decision categories.
00:05:24.380 And then within those 58 different decision types. So the decision categories are, the first one is
00:05:31.680 career-related big decisions. And the most common of these is to start a new job. There's the education
00:05:38.660 related decisions. And the most common here is to pursue a degree. There are family-related decisions.
00:05:46.240 And the most common one here is to have a child. There are finance-related decisions. The most common
00:05:53.060 being buying a home. We have relationship-related decisions. And the most common one here is
00:05:58.920 getting married. There are relocation-related decisions. The most common being to move to a new
00:06:05.160 state. There are self-destruction-type decisions. These are less common, but the most common among them is to
00:06:12.480 begin an addiction. And then we have the self-developmental decisions. Again, these are relatively less
00:06:18.240 common, but they include things like pursuing a religion or engaging in travel or holiday.
00:06:24.560 So out of that list, the most common decisions were to start a new job, get married, and pursue a degree.
00:06:31.140 And there were also some interesting differences in terms of who you asked. And by that, I mean,
00:06:37.040 the age of the person. So decisions that were made by those who were younger or described by those who
00:06:43.320 were younger tended to focus more on things like education. Whereas those who are older,
00:06:48.980 they tended to more often describe things like getting divorced and retiring.
00:06:54.720 Gotcha. I mean, we'll talk about how decisions change over the life course of a person.
00:07:00.160 So you just list off the most common decisions. So it's basically education, job, family, like marriage,
00:07:05.840 have kids. When you asked people and you did these surveys, did you ask them what they felt was
00:07:11.720 the most important decision out of all the major life decisions they made?
00:07:17.140 Yeah, I did. So I'd ask people to tell me about their 10 biggest life decisions so far. But then
00:07:23.160 I asked them, can you please rank those decisions from most to least important? And what we find is
00:07:29.560 that at the top of the list, the decision that's ranked as the most important is ending a life. And this
00:07:36.800 was often in the form of an abortion. And it wasn't very common, but when it was mentioned,
00:07:43.420 more than 50% of those who mentioned it put it right at the top of the list. And other decisions
00:07:49.660 that were put right at the top of the list were engaging in self-harm, getting married, having a
00:07:55.060 child and pursuing religion and spirituality. So again, it's interesting to look at this list because
00:08:00.940 as I said, ending a life was fairly rare, but getting married was very common. And about half
00:08:07.580 of those who mentioned getting married, again, put it at the top or second on their list. So we can
00:08:13.220 think about sort of decisions in two dimensions. One is how common are they? And also how important are
00:08:20.940 they when they happen? And so I think if you were to ask me, what is really the biggest decision in
00:08:26.260 life? It'd be a combination of most common and also most important. And that would be getting
00:08:32.060 married and then having a child. But then we have these other relatively uncommon decisions,
00:08:37.240 but when they're faced, they're often monumental. And I think, you know, when I was stepping back,
00:08:43.840 trying to like summarize what are these decisions representing? Is there a further abstraction I can
00:08:51.240 make? And it seemed like people were trying to solve kind of four basic questions in life. And
00:08:57.400 that was, you know, what kind of education should I be getting? How should I be earning a living?
00:09:02.700 Where should I put down roots? And perhaps most important, who should I put down those roots with?
00:09:09.480 I'm curious about this idea of like starting like self-harm. Do people consider that a decision?
00:09:14.660 Because I feel like oftentimes we think of like addiction or, you know, doing self-harm,
00:09:20.200 whether that's, I don't know, cutting yourself or something like that.
00:09:23.340 Right.
00:09:23.480 People don't really think like, I purposely thought about doing this. It just sort of
00:09:26.900 happens. I'm curious about that dynamic of like, is that really a decision?
00:09:31.740 Well, I guess it's up. I can't tell whether it's a decision. They tell me it was a decision.
00:09:36.360 And I should also point out that we're, I guess, getting in the sample of those who engaged in
00:09:40.320 self-harm and weren't successful in many cases in committing suicide, because obviously we don't get those
00:09:45.520 responses. So I think for many people, it was a decision. And for example,
00:09:49.800 cutting, it might be, you know, not an attempt to commit suicide, but maybe an attempt to get
00:09:55.960 attention and say, look, I'm in trouble here. I need help. And so I don't think many of them spent
00:10:01.360 a lot of time thinking about the decision before they made it. And we might talk later on about
00:10:06.260 which decisions people spent a lot of time thinking about versus those that they did not
00:10:10.720 spend much time thinking about. And certainly the self-destruction type decisions, such as engaging in
00:10:17.500 self-harm, committing a crime. These are decisions that people didn't spend very much time thinking
00:10:22.960 about.
00:10:24.100 When you talked to people about big decisions, did things come up about like what to do with
00:10:29.240 an elderly parent who's, you know, got some sort of terminal disease or has Alzheimer's? Did that
00:10:35.060 come up as well?
00:10:35.740 Yes. So the category of ending a life included potentially people who were on life support
00:10:43.160 and the decision maker was responsible for deciding what happened there. And one of the
00:10:48.080 other categories was choosing for another person. And often that was for a child, but sometimes it was
00:10:53.560 for a parent. And another decision was seeking medical treatment. And so sometimes that was for the
00:10:59.780 individual. Maybe let's say they had cancer and they've got different options on how to seek
00:11:04.500 treatment. But that could also be for a loved one.
00:11:07.780 Let's talk about when these decisions happen. So you mentioned earlier, there are differences
00:11:12.220 when people say they make big life decisions. When you're younger, typically education's on your mind
00:11:19.000 and you think that's a big life decision. What else are the differences across the life spectrum
00:11:23.800 when it comes to big life decisions?
00:11:26.380 Yeah. So I asked people that question I started with initially, which is how many of your life's 10
00:11:31.240 biggest decisions do you think you've already made? And it's a bit of a tricky question because
00:11:36.240 it requires you to kind of cycle forward in life and basically figure out, okay, when am I going to die
00:11:43.520 on that day? Hopefully many years from now, looking back on my life, how many of my 10 biggest life
00:11:49.620 decisions have I already made in the year 2021? But I did ask that question. I get some sensible
00:11:55.900 answers back. So those in their 20s, they say they've made about three, three and a half of their
00:12:02.180 10 biggest life decisions. Those in their 30s say they've made about four and a half. Those in their
00:12:10.280 40s say about five. Those in their 50s, about five and a half. Those in their 60s, about six and a half.
00:12:18.240 And those in their 70s, about seven. So there is this general increase, but it is interesting that it
00:12:24.800 kind of plateaus. And even those who are in their 70s, they think they've still got three big life
00:12:29.980 decisions lying ahead of them. So that's interesting. When we look at the age period at which most of
00:12:38.360 these decisions that have been made in the past were made, we see that it's something called the
00:12:44.720 reminiscence bump. And it actually shows that most of the memories and the decisions that people recall,
00:12:50.860 even for those who are 50, 60, 70 year old, they tend to be during the period of 20 to 29 years old.
00:12:58.540 So for every age group, most of the decisions were for the period of 20 to 29. And I guess that makes
00:13:05.640 sense. This tends to be the period where people really establish themselves. They get a degree,
00:13:12.240 maybe they start a career, they meet their life partner, they often buy a house. So
00:13:16.660 this is a fundamental period in life. And this tends to be the time where most of the memories
00:13:22.580 come from as well. I can also sort of break down the decisions in terms of those that tended to be
00:13:30.620 made earlier in life versus those that tend to be made later in life. So as you mentioned, it's the
00:13:35.740 education related decisions that tended to be made earlier in life, such as what university to go to,
00:13:41.740 what major to follow. There's also the self-destruction type decisions made earlier in
00:13:47.700 life. So beginning an addiction, committing crime, doing some silly things. And also we see things
00:13:53.660 like joining the military for those who are older, that happened when they were in their 20s.
00:13:59.500 And then the decisions that tend to be made later in life, these were things wouldn't surprise you,
00:14:05.880 such as retiring, making a will, taking social security, selling a home, closing down a business.
00:14:11.520 So I think the take-homes, I guess, are that big life decisions are front-loaded. You're most
00:14:18.460 likely to make them between ages of say 16 and 35. But although front-loaded, big decisions are
00:14:27.000 happening throughout one's life. So you may think at age, let's say 35, which is approximately where I'm
00:14:32.940 at, with a degree, you've got a job, a home, a spouse, child. It seems like most of my big life
00:14:40.040 decisions have already been made, but I'm probably wrong. And you are too, if you're thinking the same
00:14:45.420 thing, because life seems to have a way of constantly throwing curveballs. So in your future,
00:14:52.200 there may be postgraduate degrees and career changes, renovations, remarriages, even more kids.
00:14:58.900 And I guess, as I mentioned, even those who were 70, pushing 80 years old, they still thought that
00:15:07.180 there were a number of big life decisions lurking around the corner. And the data that I've collected
00:15:12.840 seems to suggest that they're probably correct. Yeah. If I look at my own experience, I feel like
00:15:19.000 I made most of my big life decisions in that time period, like 20 to 29. And it's interesting,
00:15:25.080 that's when I journaled a lot. I used to be a journaler and I don't, I haven't journaled in a
00:15:29.920 long time. And it's, I think it's because like, I don't have any big decisions to make, right? It's
00:15:37.080 mostly my life for like the past, I don't know, six years has been pretty much the same. Right.
00:15:44.400 So I've had kids, married, house, jobs, all right, school's done. But I mean, who knows, that could,
00:15:50.040 that could change any moment. Like you said, I could, you know, job could go
00:15:53.080 kaplunk or someone could get sick in your family. You could get a sickness and you're
00:15:57.200 forced to make a big life decision that you didn't even think you'd have to make.
00:16:01.120 Yeah. I mean, I, like you also wrote a journal when I was in my early twenties and have not done
00:16:05.480 that for a long time. And sort of the period in life that we're at now, maybe thirties, forties,
00:16:11.820 this is a high pressure time because we're in the middle of careers, paying off mortgages. We've got
00:16:18.260 younger children. We've also got older parents that we need to take care of.
00:16:21.940 So it's, it's, it's a really busy time. If you look at the judgments of happiness,
00:16:27.100 this tends to be the lowest period for most people because it's so stressful,
00:16:32.140 but I think I can assure you there will be some big life decisions ahead of you.
00:16:37.640 I don't know if you looked at this, but one thing I thought of as you were talking was
00:16:40.760 the trend in people marrying later and how this is maybe crammed life decisions together
00:16:47.420 that they otherwise wouldn't, would have been more spaced out if they'd gotten married earlier.
00:16:51.260 One thing I've heard is, you know, as you get married later, you know, you have to make that
00:16:54.620 decision of like to have kids a lot sooner than maybe than you would if you were, you got married
00:16:59.740 if you're 24. But if you're getting married when you're 37, you might have to make that decision
00:17:04.220 really fast. And then you have a kid, let's say you have a kid. Then you have, you have the challenge,
00:17:09.540 like you have the challenge of making decisions for your kids, but then you also have to think,
00:17:12.120 well, man, I got my parents, they've, they're older, they've got issues. And now you have this
00:17:17.040 situation where you have people making a lot of big life decisions. They otherwise would have been
00:17:21.600 more spaced out if they had made other life decisions earlier. Does that make sense?
00:17:27.540 Yeah. Yeah. I don't think I looked or have too many insights from my data on this, but you're right
00:17:32.620 that there is definitely a trend of people marrying later and having children later. And probably these
00:17:40.880 big decisions are getting squished together and happening in the same period of time. And that's
00:17:46.820 probably increasing stress during those times. And it's also true that many of these big life
00:17:52.640 decisions are what I might call path dependent or they, you know, you can't, let's say, get divorced
00:17:59.400 unless you've gotten married. And so there are a number of other decisions where you can't engage in a
00:18:05.220 particular decision unless you've come from a previous decision. And so it's interesting also to think
00:18:10.540 about those paths. Yeah. It'd be interesting to look into that more. When you did these surveys,
00:18:14.700 were you able to see any differences amongst, you know, gender about what people thought were,
00:18:21.080 like men and women thought were a big life decision? Any difference there?
00:18:25.140 Yeah. I haven't spent a ton of time analyzing gender differences, but I certainly have noticed
00:18:29.820 a few patterns. So men are much more likely to mention career related decisions, such as starting a new
00:18:36.760 job, joining or leaving the military. Men are more likely to mention finance related decisions, such as
00:18:43.440 buying an investment. Men are also more likely to mention self-developmental decisions, such as
00:18:49.660 pursuing religion or engaging in a hobby or sport. On the flip side, women are more likely to mention
00:18:55.800 decisions related to family, such as having a child or making decisions for their child. Women are more
00:19:02.080 likely to mention relationship decisions, such as getting a divorce and even disclosing secret
00:19:07.660 information. And women are more likely to mention relocation decisions, such as moving to a new state.
00:19:14.740 It's interesting to reflect on what's causing these differences. Is it different life experiences or is
00:19:21.400 it different criteria for what's important in life? It's a little bit hard to tell from my data, but
00:19:28.180 certainly, for example, getting a divorce or having a child, this is a decision that both men and women
00:19:35.080 would be eligible to describe. And so it's interesting that it comes up more often for
00:19:40.600 women than men. So maybe that's a difference in the criteria. And yeah, it's hard to separate that
00:19:46.880 from what I've collected so far. We're going to take a quick break for your words from our sponsors.
00:19:51.480 And now back to the show. So when you ask people about the big decisions they've made
00:19:59.580 in their life, how do people reevaluate the decisions they made? Is it in a positive light?
00:20:05.480 Is it a negative light? Is there regret? When people just talk to you about those big life
00:20:11.140 decisions they have made, what do they tell you? Yeah. So for every decision that people describe
00:20:16.620 to me, I ask them to retrospectively evaluate those decisions from basically it was a great
00:20:21.860 decision to it was a bad decision or it was somewhere in between. So I guess the good news
00:20:26.940 is that most people are evaluating their past decisions positively. And that actually ties into
00:20:35.420 something in the academic literature called the positivity bias. And this is the observation that
00:20:42.520 those who are older tend to be focused more on positive things. So positive emotions,
00:20:48.540 positive memories. So that's something I guess for everyone to look forward to. It was interesting
00:20:54.060 to break down the types of decisions that were most likely to be described positively in retrospect
00:21:00.320 and compare those to the decisions that were least likely to be positively described. So those
00:21:07.440 decisions that were most highly evaluated were to pursue a philosophy or ideology.
00:21:12.000 to pursue religion or spirituality, to quit an addiction and even take social securities up
00:21:19.140 there. In contrast, the decisions that were least positively evaluated. So we, I guess,
00:21:25.300 could consider these to be the regretful decisions. These were, again, those self-destructive
00:21:31.240 type decisions. So beginning an addiction, committing a crime. There's also engaging the sexual activity
00:21:38.020 there and disclosing secret information. So I guess we can see a bit of a pattern in those responses.
00:21:46.280 I mean, I didn't conduct this research, but one of my favorite books on the topic was written by
00:21:51.560 Bronnie Ware. She's an Australian palliative carer. She wrote a book called The Top Five Regrets of the
00:21:57.980 Dying. She basically summarizes what she learned from working with those who are soon to depart.
00:22:05.560 The one that stood out for me is I wish I'd stayed in touch with my friends. A lot of people who reach
00:22:11.720 these older ages, they just disconnected from so many of those who really understand them and accept
00:22:19.540 them as they are. So I think when we're thinking about these decisions and regretful decisions,
00:22:26.380 it's clear that the most enduring regrets relate to social relationships. You know, humans, we have a
00:22:33.500 biological need to belong and it's important to nurture those relationships. Another thing that stood
00:22:40.680 out from my research as well as conducted by others is that most of the big life regrets we have
00:22:47.440 relate to decisions that are inconsistent with our personal life rules and values. And I think it's
00:22:53.780 important to understand what your values are and then make decisions consistent with them. Because
00:22:59.980 even if you make a decision and things turn out poorly, at least you can have that knowledge that,
00:23:06.840 you know what, I made a decision that made sense at the time and was consistent with who I am as a person
00:23:13.300 or who I want to be as a person. And I guess finally, the biggest regrets tend to relate to things you
00:23:21.760 didn't do. And that might be because you were, you know, scared or maybe you were too busy working. And I think
00:23:29.260 it's easier to take a decision, engage in some kind of change, and then course correct if things aren't
00:23:36.620 working. And that's much more likely to happen than, you know, trying to, let's say, time travel and
00:23:43.080 pursue opportunities that you left behind.
00:23:45.720 So when you did the survey, you also asked people to predict future big life decisions,
00:23:51.240 you know, kind of like what decisions they'll make or when they'll happen. What did you find in those
00:23:57.260 questions?
00:23:58.400 Yeah, so I was really interested not just in what people's past decisions were, but also what they
00:24:03.680 thought were the future big life decisions. So I asked people this question in a number of ways.
00:24:10.520 So for example, one group, I asked them, as I did with everyone, tell me how many of your life's
00:24:15.020 biggest decisions, your 10 life's biggest decisions you've already made. But then I asked them to
00:24:20.240 estimate what their answer to that same question would have been 10 years ago. And also I asked them
00:24:26.340 to predict what their answer to that same question will be 10 years from now. And so with these three
00:24:32.480 data points, I can basically compare the predictions of, let's say, a 25 year old with the realities of
00:24:38.740 a 35 year old. And we can also compare the recollections of a 45 year old with the realities
00:24:45.360 of the 35 year old. And so we can do this with each age or each age group. So a couple of interesting
00:24:51.420 findings. So firstly, people overestimate how many of their life's biggest decisions they've already
00:24:56.920 made. So if we just look, for example, at the 45 year olds, they indicated that they had made three
00:25:03.560 of their life's biggest decisions when they were 10 years younger. So when they were 35, they thought
00:25:08.980 they'd made three big life decisions. However, when we asked the 35 year olds, how many of your life's
00:25:14.980 biggest decisions have you already made? They say 4.2. So 4.2 is higher than three. So that suggests that
00:25:21.740 there is some kind of overestimate happening there. And we see that same pattern for every age group.
00:25:25.860 We also see that people overestimate how many of their life's biggest decisions will happen in the
00:25:32.720 near future. So again, if we look at 35 year olds making predictions about how many of their big life
00:25:40.320 decisions they would have made by the time they're 45, they suggest it's about 8, 8.3. Whereas if we look
00:25:47.860 at what 45 year olds report, they say it's just 5.8 at age 45. So again, we can see that this
00:25:55.200 forecasting error exists and it's even stronger for those who are younger. So that's sort of some
00:26:02.900 difference in when big decisions are going to happen. We also can see prediction errors in the
00:26:09.660 types of decisions that are expected. So we can think about decisions that are over expected and
00:26:16.300 those that are under expected. So for example, younger people tend to over predict decisions such as
00:26:24.260 traveling and buying something or an investment as big life decisions. And it turns out that those
00:26:30.820 who are older, they don't mention things like traveling in their list. In contrast, those who
00:26:35.900 are younger tend to under predict things like starting a new job, getting a divorce store, ending a romantic
00:26:43.640 relationship or quitting a job. So these decisions tend to be ones that the younger people say aren't going
00:26:52.020 to happen very often. But those who are older say, yeah, that actually did happen much more often than
00:26:56.180 I expected. So I guess some important take-homes from this analysis. Firstly, people are really poor
00:27:03.000 at predicting when their big life decisions are going to happen. And it seems like people just find it
00:27:09.500 really hard to imagine any big life decision that's more than 10, maybe 15 years in the future.
00:27:14.920 And it also seems like the foresight that the younger people are lacking is potentially a problem because
00:27:25.200 were they able to see what's coming down the road, they would probably make some different decisions such as
00:27:32.200 quitting smoking or buying insurance or investing their savings or taking care of themselves better. So I think
00:27:40.160 this, you might call it a blindness is particularly problematic, but it's something that we can
00:27:45.940 improve if we think hard about what's actually coming down the road and look at those around us who
00:27:52.060 have had more experience than us. This is interesting. In your study or research as a psychologist, have
00:27:56.880 you found any tactics that work that can help people think, pretty young people think about their old
00:28:03.320 self, so that they do things that their old self will appreciate when they're 50, 60, 70 years old?
00:28:12.560 Yeah, this is a big question. How do you get people to make good decisions now for themselves 30 years down
00:28:18.560 the road? A lot of research actually has been done on retirement savings, because this is a classic
00:28:23.460 problem where the decisions that we make today are going to have significant financial impacts on our future
00:28:30.880 selves. And so there have been a number of studies that have attempted to basically increase the
00:28:36.500 connection that the present person feels about their future self, because often we don't think about
00:28:42.920 our future self or when we do, they may not feel that close to us. And so my favorite study was one in
00:28:51.460 which they took photographs of individuals, and then they presented age rendered images back to the
00:28:58.740 individual. So you would basically see a photograph of yourself, but now you were like 70 years old.
00:29:04.520 And in the study, they were trying to increase savings. And the way that they did this was
00:29:10.520 essentially they had a button on screen that you could drag left to right, which was indicating how
00:29:15.420 much savings you were going to put into retirement. And the age rendered face of yourself changed from
00:29:23.620 being happy to sad, dependent on what you did. So if you put in very little savings, then your future
00:29:29.600 self looked really sad. And if you put in a lot of savings now, then your future self looked quite
00:29:34.920 happy. And as you can guess, since I'm mentioning it, and you can probably envision what this experience
00:29:41.520 would look like, people felt much more connected to their future selves. And as a result, they were much
00:29:46.900 more likely to increase the rate of savings today. So that's one fun way of just thinking about how you
00:29:54.660 can increase the connection between your present self and your future self.
00:29:59.540 No, yeah, that's something to think about. We often think of ourselves as like a one continuous
00:30:03.720 person, and we are. But what you need or want now is probably going to be completely different from what
00:30:11.800 you need or want five years, 10 years, 20 years, 30 years from now.
00:30:17.120 Yeah, I guess as a psychologist at Harvard, he's got, Dan Gilbert, he's got a theory. It's called the
00:30:23.700 end of history illusion. And basically, he asks people to describe how much they've changed in the
00:30:30.000 last decade, and then to predict how much they think they'll change in the next decade. And basically,
00:30:38.400 people suggest that they've changed a lot in the last decade. They've grown a lot. They've changed
00:30:43.700 their tastes and personality have changed, but they don't think they're going to change very much
00:30:48.460 in the future. And it seems like this point in time right now is sort of people's peak and their
00:30:56.920 final version of themselves. And that's just not true.
00:31:00.900 So when you did this research and did this survey, and you asked people about their big life decisions,
00:31:07.000 were you able to figure out which big decisions lead to long-term happiness and fulfillment?
00:31:13.880 Yeah. So I attempted to answer this question. So I asked people to complete a standard life
00:31:18.700 satisfaction questionnaire, which basically just asks people things like, how satisfied are you with
00:31:24.280 your life? And how close to ideal is your life? So it's not a measure of happiness in terms of how happy
00:31:33.340 you're feeling at the moment. It's a self-reflective life satisfaction question.
00:31:38.400 And so I was able to look for correlations between number of or different types of big life decisions
00:31:44.580 and who was more likely to report having a high life satisfaction.
00:31:50.700 So those who had high life satisfaction scores were much less likely to mention things like engaging in
00:31:59.180 self-harm, which makes sense. Having a family member move in was also turned out to be quite a
00:32:05.500 negative impact on life satisfaction. And then also interesting was getting medicine or treatment.
00:32:12.940 And so obviously this decision was mentioned by those who were having health problems.
00:32:16.980 The decisions that were significantly more likely to predict high life satisfaction were pursuing
00:32:24.060 religion and spirituality. And that's, you know, I've mentioned that one a number of times now that
00:32:29.040 comes up a lot. Buying a home. So having that sort of financial security seems to be a big one in just
00:32:36.480 generally having finances in order. It also seems like some big life decisions that seem really
00:32:44.500 important at the time may not be as big. And so in particular education related decisions,
00:32:51.660 they seem really big, really important. What university degree should I study?
00:32:56.240 But it turns out these sort of fade in importance over time. And one of the reasons is that I think
00:33:02.100 I've read, you know, we can expect five career changes in our lifetime. So many people's initial
00:33:07.760 degree at university just doesn't matter a decade or so on. So I think some of the take-homes from this
00:33:15.580 analysis is that firstly, the good news is that there's many paths to happiness. Most people,
00:33:21.660 if we look at the results to that life satisfaction scale, most people were fairly satisfied with
00:33:26.400 their life. And it was regardless of the unique composition of the big life decisions they'd made.
00:33:32.180 It's just because people are fairly happy. They like who they are. And it was their unique set of
00:33:37.580 decisions that got them to who they are today. So even though it seems at the time, like many of
00:33:45.680 these big life decisions are really going to have a huge impact on our life satisfaction and
00:33:51.240 happiness, you're probably going to end up fairly happy regardless of what happens. So for some,
00:33:57.740 that might be reassuring. Having said that, there are some big life decisions that are probably going
00:34:04.040 to decrease your life satisfaction. And these are the sort of self-destructive decisions such as
00:34:09.140 committing crime, maybe engaging in drugs and getting addicted. These tend to be decisions that are
00:34:15.720 not really thought through much at the time, but they really put one on a treacherous path that can
00:34:22.180 last for decades. And then finally, there are some big life decisions that seem to reliably predict a
00:34:28.800 higher life satisfaction. And the thing that's common among them is that they really involve taking
00:34:34.340 control of your life and pouring yourself into a particular pursuit or project, be it religion or
00:34:41.160 something else. And I think it's hard to sometimes make the time for these more self-developmental
00:34:48.000 decisions. But in the end, these tend to be the ones that may be most impactful on our happiness.
00:34:56.440 Yeah. I think that insight about college, young people, you think it's the most important thing,
00:35:01.260 but then you ask a 70-year-old and it probably won't even come up. I've seen that in my own life and
00:35:07.000 just the lives of friends. I went to law school and when you're in law school, the most important
00:35:12.160 thing is you have to get a good rank in your class. You got to get on law review because that's how
00:35:17.680 you're going to get a job, blah, blah, blah, blah. And I asked my friends, we're like 11, 12 years out
00:35:23.600 of law school. Does that even come up anymore? What your GPA was in law school? It hasn't come up
00:35:30.640 since I graduated. I mean, no one cares because now what matters is the reputation I've
00:35:36.900 built as a practicing attorney, not what I did as a law student. Exactly.
00:35:42.480 So when you did the survey, did you find out anything about practices or processes that people
00:35:51.300 who make good life decisions that are applicable to anybody? So basically, are there any tips that
00:35:58.240 you found that help us get better at making big life decisions? Yeah. So whenever I asked people to
00:36:03.900 tell me about their big life decisions, I also asked them to tell me about all of the factors
00:36:08.200 surrounding that decision. I wanted to know what was the process that they used so I could get to
00:36:13.280 this question that you're asking now, what makes a good big life decision? And there are a lot of
00:36:19.940 results here. So I'll try to pick out the ones that I think are most perhaps easy to implement.
00:36:25.840 So the decisions that were most favorably judged in retrospect, they tended to be the ones that
00:36:32.520 firstly involved a change as opposed to maintaining the status quo. And so often we're faced with this
00:36:38.040 decision. Should I just stick with my current job or should I make the change? And it seems like a
00:36:44.280 general good piece of advice is if you're kind of 50-50, unsure what to do, and you're thinking
00:36:49.800 about, you know, I should just flip a coin here. It seems like the right thing to do is to make the
00:36:53.840 change. Forget the coin, just go ahead and make the change. Another thing that turned out was that
00:36:59.900 using a more analytical approach as opposed to a more intuitive approach tended to be associated with
00:37:06.800 better decisions, at least in retrospect. So analytics means people took the time, they did
00:37:12.580 research, they asked people, they got advice, they weighed up their options, as opposed to using the
00:37:18.100 more intuitive approach, which was just to sort of go with a gut feeling. So I definitely recommend
00:37:22.980 using a more analytical approach, which often includes spending more time before making a
00:37:28.480 decision. So some of those more self-destructive decisions, often the amount of time thought was
00:37:34.360 like a few seconds, which is in comparison to some of the more self-developmental decisions,
00:37:39.120 which I've described as being hugely impactful on life satisfaction. People spent years in some
00:37:45.300 cases thinking about those decisions before actually pursuing them. Another factor that was really
00:37:50.740 important was confidence. How confident are you in your decision at the time? And often this confidence
00:37:56.100 is derived from having thought through the options, having reflected on your own goals and then
00:38:04.420 committing to a decision. So I think that's important. And finally, decision makers who felt less obligated
00:38:12.620 to make a decision at the time. So sometimes we feel cornered to make a decision because of obligation
00:38:18.800 from family or expectations of society. And that tends to be a recipe for disaster. So attempting as
00:38:26.520 much as you can to avoid the sense of obligation and choosing the option that you think is best for
00:38:32.180 you. So overall, I think the take-homes for how to make good life decisions, firstly, requires
00:38:39.020 understanding yourself. So what are your goals? What are your values? How are you going to really know
00:38:44.560 what's a good decision unless you have these as your reference point? So that's the first step.
00:38:50.640 I think it's also important to recognize that a good decision is not just about ending up with a
00:38:56.160 good outcome, but it's about having a good process to begin with. Because in most cases, you can't
00:39:01.920 control the outcome. There's too many random elements, but you can control the process. And so having a
00:39:09.060 process where you are able to reflect on your options, get advice from other people, I think is
00:39:14.700 really important and certainly a good way to insulate yourself from feelings of regret later on.
00:39:21.480 And finally, there's a lot of experience out there. Although I've mentioned big life decisions are rare,
00:39:28.220 they're actually quite common in society. And so you might get married once in your life,
00:39:33.140 but getting married is really common. And so there's a lot of wisdom that can be learned from the
00:39:38.620 experience of others. And so I think it's important to seek out that wisdom.
00:39:42.420 No. And for people, listeners who are looking for a process to help them make better
00:39:46.860 life decisions, we've had some guests on the podcast in the past. You might want to check out,
00:39:51.700 we've had Annie Duke on the podcast. She's written a book, How to Decide Simple Tools for Making Better
00:39:56.740 Choices. A lot of neat tools there. And then the other one is Stephen Johnson. He wrote a book about,
00:40:02.620 it's called Farsighted, How to Make the Decisions That Matter the Most. And a lot of mental models that you can use
00:40:07.860 to make the decisions. A lot of it's just trying to figure out different possibilities, right? That's
00:40:12.540 when you're making a decision. Like you said, life decisions are so complex because they can go down
00:40:17.140 these different pathways. And so their whole idea is to help you get a better idea of the different
00:40:21.780 possibilities and then decide which one's the best out of all the options.
00:40:26.640 Yeah, those are great books. Definitely. I recommend those.
00:40:29.060 So where do you see this research going? Where else would you like to do with this research on big
00:40:33.780 life decisions? Well, I guess at this point, I've focused on Americans and there's certainly going
00:40:40.880 to be cultural differences. So it'd be really interesting to see how different cultures and
00:40:46.220 those from different countries, you know, arrange their big decisions and maybe they've got even
00:40:50.860 different criteria. So one of the things that I've done is build a website. It's called 10biggestdecisions.com.
00:40:58.160 And I've been encouraging people to go to that website. They can explore the data,
00:41:02.660 but they can also complete the survey and they can then compare their results with others. And so
00:41:07.420 tens of thousands of people have filled that in at this point. And so I'm starting to create a
00:41:12.940 database there of different cultural results. I haven't stopped to look at the data yet, but
00:41:18.160 that's certainly one interesting direction. And I mean, one of my other goals is really to try to
00:41:23.480 put together a book that summarizes some of the wisdom here and maybe walks people through their 10
00:41:30.860 biggest life decisions summarizing what I've learned from conducting this research.
00:41:36.520 So that's the thing. That's the big takeaway. People, like on average, people make 10 big life
00:41:40.620 decisions. Yeah. When you freely ask people to just list down the number of big life decisions or big
00:41:47.940 life events, you get a range like three to 20. And so 10 seems to be in that sweet spot of how many big
00:41:56.640 life decisions they do make. Well, Adrian, where can people go to learn more about the work and maybe
00:42:01.040 take part in that survey you talked about? Yeah. So 10biggestdecisions.com and feel free to explore the
00:42:06.740 data and complete the survey. And if you have any questions about it, feel free to contact me. My
00:42:12.640 details are on the website. All right, Adrian, thanks for your time. It's been a pleasure.
00:42:16.360 Thank you very much.
00:42:18.080 My guest is Dr. Adrian Camilleri. He is the founder of the Biggest Life Decisions Project. You can learn
00:42:22.920 more information about this project at 10biggestdecisions.com. Also check out our show
00:42:27.480 notes at aom.is slash 10 decisions where you can find links to resources where you delve deeper into
00:42:31.700 this topic. Well, that wraps up another edition of the AOM podcast. Check out our website at
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