The current study examined the impact of psychological distance on children's performance on the pretzel task. In this task, children eat pretzels (inducing thirst) and then are asked to reason about future preferences (pretzels or water). Children typically perform poorly on this task, indicating a future preference for water over pretzels, potentially due to conflicting current and future states. Given past work showing that children's future reasoning is more accurate for another person, we asked 90 thirsty 3‐ to 7‐year‐olds to reason about their own and an experimenter's future preference. Results showed that thirsty children had more difficulty predicting their own future preference compared with the experimenter's. Thirstier children were more likely to predict a future preference for water. Thirst interacted with age when making a future choice for the experimenter. How psychological distance might boost episodic foresight and possible reasons for children's poor pretzel task performance are discussed. Highlights Does psychological distancing improve children's ability to make accurate future predictions when current and future states conflict? Using the Pretzel task, thirsty children were less accurate when predicting their own future preferences compared with the future preferences of another person. Psychological distancing may help children overcome their current state to reason more accurately about the future.