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RPRL

Scale name: Future Time Perspective 

Description: This 5-item scale (M = 5.66; SD = 1.09) measures the extent to which individuals are prone to think about the future, specifically in the context of retirement planning.

Source: Koposko, J. L., & Hershey, D. A. (2014). Parental and early influences on expectations of financial planning for retirement. Journal of Personal Finance, 13, 17-27.

Cronbach's alpha: 0.89

Response format: Likert-type response format (1 = strongly disagree; 7 = strongly agree)

Instructions: Using the seven-point scale below, please indicate the extent to which you agree or disagree with each of the following statements. 

Items:

1. I enjoy thinking about how I will live years from now in the future. 

2. I like to reflect on what the future will hold. 

3. I look forward to life in the distant future. 

4. It is important to take a long-term perspective on life. 

5. My close friends would describe me as future oriented.