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

4.4
Books
2021
Bestseller Rankings
#4 in Budgeting & Money Management
#12 in Happiness Self-Help #17 in Motivational Management & Leadership
#549 in Books

About This Book

Summary

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

Key Insights

Level:
Common-sense and accessible style, avoids complex jargon, easy to understand, requires introspection and willingness to challenge traditional norms.
Concepts:
Maximizing lifetime fulfillmenttime-bucketingnet worth curve+4 more
Skills:
Setting financial goals aligned with life experiencesdeliberate budgeting and resource allocationlong-term perspective on money use+2 more
Relevance:
Personal financeretirement planningbehavioral finance+1 more
Applications:
Applicable to planning travelmaking purchase decisionsretirement spendingfamily financial goals+1 more

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