Money Feels
8: Die With Zero
Dec 8, 2022
The podcast explores the concept of 'Die With Zero' by Bill Perkins, challenging the idea of saving money for retirement. It discusses the importance of planning for retirement and estimating life expectancy. The hosts share their thoughts on the book and how it gave them permission to spend more freely. It emphasizes the need to plan for the decline in health and mobility after retirement. The correlation between age, spending habits, and travel preferences is explored. The concept of evolving in life and prioritizing experiences is discussed, along with the importance of creating memorable experiences and leaving a legacy through early giving.
50:42
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Quick takeaways
- Accumulating wealth should not be the ultimate goal; instead, focus on utilizing money to create fulfilling experiences throughout life.
- Breaking away from the fear of running out of money and strategically using it to have experiences and create memories can lead to a more fulfilling life.
Deep dives
The Importance of Spending Money and Creating Experiences
The podcast hosts discuss the significance of spending money and creating experiences throughout life. They emphasize that accumulating wealth is not the ultimate goal, but rather enjoying and making the most of the opportunities and experiences that money can provide. The hosts share personal anecdotes and reflect on the idea of dying with zero money left in your accounts, highlighting the importance of utilizing your wealth to live a fulfilling life.
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