We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Die With Zero: Why You Should Start Spending Now

Die With Zero: Why You Should Start Spending Now

2023/9/6
logo of podcast Money For the Rest of Us

Money For the Rest of Us

AI Chapters Transcript
Chapters
This chapter explores Bill Perkins' and Paul Millerd's books, focusing on how to maximize life fulfillment. It challenges the idea of life fulfillment as a purely optimization problem and discusses the importance of balancing earning and spending for experiences and memories.
  • Challenges the notion of life fulfillment as an optimization problem.
  • Highlights the importance of experiences and memories.
  • Critiques Perkins' overly pessimistic view on aging.

Shownotes Transcript

How to balance saving, investing, and spending for a fulfilling life. Why you will probably reach your peak net worth sooner than you think and should start drawing down your nest egg earlier. Why we can't optimize for a fulfilling life but can still have one.

Topics covered include:

  • How to estimate how much to spend from your retirement assets so you die with zero
  • What is time bucketing and why it doesn't work for everyone
  • How to balance the fear of making a change with the fear of missing out
  • The difference between making deliberate choices and maximizing our experiences

Sponsors

Monarch Money - Get an extended 30-day free trial)

NetSuite - Get your free KPI checklists)

Insiders Guide Email Newsletter

Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.)

Show Notes

Die with Zero: Getting All You Can with Your Money and Your Life by Bill Perkins)

The Pathless Path: Imaging a New Story for Work and Life by Paul Millerd)

Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman )

Anderson Cooper Is Still Learning to Live With Loss by David Marchese—The New York Times)

See Privacy Policy at https://art19.com/privacy) and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info).