Guard Your Endings: What the Peak-End Rule Teaches About the Second Half
By Chris Oswald · October 12, 2026
Think back to a vacation from years ago. Chances are you don't remember it as a smooth average of every day. You remember a few moments: the best dinner, the worst downpour, and how it ended. The missed connection on the way home. Or the last evening on the porch, when nobody wanted to go inside.
That is not a quirk of your memory. It's one of the more robust findings in the psychology of experience, and it has a lot to say about how we close out careers, projects, relationships and chapters of life.
The cold-water experiment
In 1993, Daniel Kahneman and colleagues Barbara Fredrickson, Charles Schreiber and Donald Redelmeier ran an experiment that sounds simple and a little unpleasant. Volunteers put one hand in water at 14°C (about 57°F) for 60 seconds. Cold enough to hurt, but not dangerous.
In a second trial, using the other hand, they did the same 60 seconds at 14°C, and then kept their hand in for 30 more seconds while the water was gradually warmed to about 15°C. Still painful, just noticeably less so.
The second trial contained everything the first did, plus 30 extra seconds of discomfort. By any arithmetic, it was worse. Then the volunteers were told they would do one more trial and could choose which version to repeat. Twenty-two of 32, about 69 percent, chose the longer one.
They preferred more pain, as long as it ended better.
Peaks, endings and the missing minutes
Kahneman called this the peak-end rule. When we look back on an experience, our memory doesn't add up every moment. Our overall judgment tends to be dominated by two moments: the most intense one and the final one. How long it lasted barely registers, a pattern researchers call duration neglect.
The research didn't stay in the lab. In a 1996 study, Redelmeier and Kahneman asked patients undergoing colonoscopy or kidney-stone treatment to rate their discomfort every minute. Afterward, patients' overall memory of the procedure tracked the worst moment and the last few minutes closely. Longer procedures were not remembered as worse.
Then came a randomized trial, published in 2003, with 682 colonoscopy patients. For half of them, a short, milder interval was added at the end of the procedure. Those patients rated the final moments as less painful and remembered the whole experience as less unpleasant. Years later, they were also somewhat more likely to return for a recommended repeat colonoscopy, though that effect showed up clearly only after the researchers adjusted for patients' medical histories. A modest effect, but a real-world one.
Why this matters more in the second half
If memory is written by peaks and endings, then the people with the most endings ahead of them are the ones who should care most. And that is exactly where many of us are.
The second half of life is full of closing scenes. You leave a long career, sell or hand off a business, step down from a board, finish raising children, move out of the family home. Each of these will be remembered, by you and by everyone involved, partly by how it ended.
Experience gives you an edge here that younger people simply don't have yet. You have seen enough endings to know how much they color everything that came before. You have watched a decent tenure soured by a messy exit, and a difficult stretch redeemed by a gracious goodbye. You also know something the research confirms: an ending is one of the few parts of an experience you can often plan.
What a good ending looks like
The research doesn't say endings should be artificially happy. It says the final stretch carries outsized weight. A few practical implications follow.
- Don't end on the hardest part. If you're running a difficult meeting, don't save the bad news for the last five minutes. Deliver it in the middle and close on next steps people can act on.
- Give transitions a final scene. Leaving a role is a peak-end moment for everyone around you. A proper handover, a thank-you to the people who carried you, and a clear story of what comes next are far more memorable than another month of work.
- Protect the last day of good things. On a trip, don't schedule the 5 a.m. airport run after the best dinner if you can help it. Put something you'll enjoy near the end.
- Notice the peaks you create for others. As a mentor, parent or leader, your sharpest words may be remembered longer than a hundred ordinary conversations. That cuts both ways.
Try this: an endings audit
Pick one thing in your life that will end in the next few months. A project, a role, a season of volunteering, even a family visit. Take ten minutes and answer three questions on paper:
- How is this currently set to end? Be honest. Abruptly? With a whimper? With an argument nobody has resolved?
- What would a good last chapter look like for the other people involved? Not perfect, just good. A conversation, a thank-you, a handover, a celebration.
- What is one thing I can do in the final week to make that happen? Put it on the calendar now, while you still have time to plan it.
You can't edit the middle of a story once it's written. But very often you can still choose how it ends, and memory gives that choice more weight than almost anything else.
Sources
- Kahneman, D., Fredrickson, B. L., Schreiber, C. A., & Redelmeier, D. A. (1993). When more pain is preferred to less: Adding a better end. Psychological Science, 4(6), 401–405. Journal page · Full text (PDF)
- Redelmeier, D. A., & Kahneman, D. (1996). Patients' memories of painful medical treatments: Real-time and retrospective evaluations of two minimally invasive procedures. Pain, 66(1), 3–8. PubMed
- Redelmeier, D. A., Katz, J., & Kahneman, D. (2003). Memories of colonoscopy: A randomized trial. Pain, 104(1–2), 187–194. Journal page · Full text (PDF)