Die With Zero: Getting All You Can from Your Money and Your Life

Die With Zero: Getting All You Can from Your Money and Your Life

Published: 5/4/2021
4.46364 reviews
EnglishView on Amazon

Summary

Challenges conventional wisdom of maximizing retirement savings, advocating for strategic spending on meaningful experiences throughout life to deplete savings by death.

Description

A common-sense guide to living rich . . . instead of dying rich Imagine if by the time you died, you did everything you were told to. You worked hard, saved your money, and looked forward to financial freedom when you retired. The only thing you wasted along the way was . . . your life. Die with Zero presents a startling new and provocative philosophy as well as practical guide on how to get the most out of your money— and out of your life. It’s intended for those who place lifelong memorable experiences far ahead of simply making and accumulating money for one’s so-called “golden years.” In short, Bill Perkins wants to rescue you from over-saving and under-living. Regardless of your age, Die with Zero will teach you Perkins’s plan for optimizing your life, stage by stage, so you’re fully engaged and enjoying what you’ve worked and saved for. You’ll discover how to maximize your lifetime memorable moments with “time-bucketing,” how to convert your earnings into priceless memories by following your “net worth curve,” and how to navigate decisions about whether to invest in, or delay, a meaningful adventure with your “fulfillment curve” and “personal interest rate.” Using his own life experiences as well as the inspiring stories and cautionary tales of others—and drawing on eye-opening insights about time, money, and happiness from psychological science and behavioral finance—Perkins makes a timely, convincing, and contrarian case for living large. Read more

Level
Common-sense and accessible style, avoids complex jargon, easy to understand, requires introspection and willingness to challenge traditional norms.
Core Concepts
Maximizing lifetime fulfillment
time-bucketing
net worth curve
fulfillment curve
personal interest rate
memory dividend
optimizing spending by age.
Skills You'll Develop
Setting financial goals aligned with life experiences, deliberate budgeting and resource allocation, long-term perspective on money use, behavioral awareness, prioritizing experiences based on values.
Relevance to Finance Areas
Personal finance
retirement planning
behavioral finance
financial planning.
Real-World Application
Applicable to planning travel, making purchase decisions, retirement spending, family financial goals, and philanthropy.