They are equal reality. They are two streams of present reality, both equally promised. The Christian dead are already with Christ now, and Christ really lives in the Christian. Christ lives in me. The Christ who was crucified, the Christ whose work is finished, the Christ who is glorified now, has promised (John 15) to bring forth fruit in the Christian, just as the sap of the vine brings forth the fruit in the branch.
The Complete Works of Francis A. Schaeffer: A Christian view of spirituality (ed. 1982)