If you asked somebody 'what do you wish for in life?' they wouldn't say 'happiness.' I would have answered 'excitement knowledge ' God knows – I mean many many different things but certainly not 'happiness'. It seemed like a foreign concept to wish for something that specific and that singular.
Experienced happiness refers to your feelings to how happy you are as you live your life. In contrast the satisfaction of the remembering self refers to your feelings when you think about your life.
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Let us never know what old age is. Let us know the happiness time brings not count the years.