Die With Zero: Net Fulfillment Over Net Worth with Bill Perkins

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Dec 7, 2022

Bill Perkins, a successful hedge fund manager and author of "Die With Zero," discusses prioritizing fulfillment over wealth. He encourages listeners to embrace life experiences for lasting joy, introducing concepts like 'memory dividends' and an 'anti-bucket list.' Perkins critiques societal pressures on financial success, advocating for reflection on personal values and happiness. He also challenges conventional views on retirement, urging a balanced approach to finances that enhances present enjoyment while planning for the future.

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INSIGHT

Net Fulfillment over Net Worth

Bill Perkins' book, "Die With Zero," focuses on maximizing net fulfillment, not just net worth.
It uses mental models to optimize wealth, health, and time for a richer life.

INSIGHT

Retirement Spending Misconception

People often overestimate their retirement spending and underestimate potential income.
Studies show retirees spend less than anticipated, even with healthcare costs.

ANECDOTE

Japan Trip

Chris Hutchins recounts a family trip to Japan where his parents' enjoyment was limited by their age.
They couldn't participate in everything, highlighting the declining utility of money with age.

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Die with Zero

Bill Perkins

Die with Zero presents a provocative philosophy and practical guide on how to get the most out of your money and your life. Bill Perkins argues against over-saving and under-living, advocating for investing in experiences early and maximizing positive life experiences. The book introduces concepts like 'time-bucketing,' 'net worth curve,' and 'fulfillment curve' to help readers optimize their life stages and make the most of their resources. Drawing from his own life experiences and insights from psychological science and behavioral finance, Perkins makes a compelling case for living large and accumulating memorable experiences rather than wealth.