"Time perception matters because it is the experience of time that roots us in our mental reality." Given my soft spot for famous diaries
The reminiscence bump involves not only the recall of incidents; we even remember more scenes from the films we saw and the books we read in our late teens and early twenties. … The bump can be broken down even further — the big news events that we remember best tend to have happened earlier in the bump, while our most memorable personal experiences are in the second half.
The key to the reminiscence bump is novelty. The reason we remember our youth so well is that it is a period where we have more new experiences than in our thirties or forties. It’s a time for firsts — first sexual relationships, first jobs, first travel without parents, first experience of living away from home, the first time we get much real choice over the way we spend our days. Novelty has such a strong impact on memory that even within the bump we remember more from the start of each new experience.
Most fascinating of all, however, is the reason the “reminiscence bump” happens in the first place: Hammond argues that because memory and identity are so closely intertwined, it is in those formative years, when we’re constructing our identity and finding our place in the world, that our memory latches onto particularly vivid details in order to use them later in reinforcing that identity. Interestingly, Hammond points out, people who undergo a major transformation of identity later in life — say, changing careers or coming out — tend to experience a second identity bump, which helps them reconcile and consolidate their new identity.