Die With Zero

Bill Perkins's argument targets over-saving and under-living: a life of hard work and careful saving for retirement, he warns, can end with only one thing wasted along the way, the life itself. His alternative puts lifelong memorable experiences ahead of accumulating money for later years, with a plan for getting the most from money at each stage of life. Perkins introduces experience bucketing for memorable moments and a net worth curve, and uses a spend curve and a personal interest rate to help decide whether to pursue or delay a meaningful adventure. He draws on his own life, on success stories and cautionary tales from others, and on findings from behavioral finance and psychological science concerning time, money and happiness.

Ali Abdaal recommended it strongly, summing up its message as a warning against saving so much that enjoying life is forgotten.