Most people worry about making enough money to support themselves through retirement. Hedge fund manager and entrepreneur Bill Perkins has an unconventional point of view that might vex your financial advisor. He recommends “dying with zero,” spending most, if not all, of your money before death. Dying with a substantial sum of money represents opportunities lost.
Experiences are an investment in your future. Our memory enables us to have experiences that yield dividends that extend far beyond any financial return. The things we remember help us live fuller, more fulfilling lives. In other words, it’s not just the original event that matters, but also all the enjoyment that comes from reflecting on it afterwards. Sometimes the memory is even more satisfying than the event itself.