The given scenario is an example of Sydney's possible self because of his future projections about himself.
This refers to the self projections which a person gives himself about the future occurrences and where he expects himself to be at some point in future.
With this in mind, we can see that because Sydney sees himself retired at 50 years, on a beautiful home on the ocean beach, then he is having projection of possible self.
Read more about self projection here:
https://brainly.com/question/8767665