Bill Perkins Quotes

What Good Is Wealth Without Health?

we all have at least the potential to make more money in the future, we can never go back and recapture time that is now gone. So it makes no sense to let opportunities pass us by for fear of squandering our money. Squandering our lives should be a much greater worry.

Realize that at every moment you have a choice. The choices you make reflect your priorities, so be sure you’re making those choices deliberately.

Your biggest fear ought to be wasting your life and time, not "Am I going to have x number of dollars when I'm 80?

what’s easy shouldn’t determine what you do. Don’t let difficulty dissuade you from living your best life!

Nothing has a greater effect on your ability to enjoy experiences—at any age—than your health.

Research in psychology backs me up: People who spend money on time-saving purchases experience greater life satisfaction, regardless of their income.

Start thinking more about how you use your limited time, your life energy, and you’ll be well on your way to living the fullest life you possibly can.

No, the key takeaway, I now realize, is to strike the right balance between spending on the present (and only on what you value) and saving smartly for the future.

The business of life is the acquisition of memories. In the end that’s all there is.

In other words, to get the most out of your time and money, timing matters. So to increase your overall lifetime fulfillment, it’s important to have each experience at the right age.

To fully enjoy life instead of just surviving it, you need to stop driving mindlessly and actively steer your life the way you want it to go.

the senselessness of indefinitely delayed gratification.

Death wakes people up, and the closer it gets, the more awake and aware we become. When the end is near, we suddenly start thinking, What the hell am I doing? Why did I wait this long? Until then, most of us go through life as if we had all the time in the world.

Although we all have at least the potential to make more money in the future, we can never go back and recapture time that is now gone. So it makes no sense to let opportunities pass us by for fear of squandering our money. Squandering our lives should be a much greater worry.

don’t underestimate the risk of inaction. Staying the course instead of making bold moves feels safe, but consider what you stand to lose: the life you could have lived if you had mustered the courage to be bolder.

Start actively thinking about the life experiences you’d like to have, and the number of times you’d like to have them. The experiences can be large or small, free or costly, charitable or hedonistic. But think about what you really want out of this life in terms of meaningful and memorable experiences.

First of all, yes, you can certainly leave money to the people and causes you care about—but the truth is that those people and causes would be better off getting your wealth sooner rather than later. Why wait until after you die?

Nothing has a greater effect on your ability to enjoy experiences—at any age—than your health. In fact, health is actually a lot more valuable than money, because no amount of money can ever make up for very poor health—whereas people in good health but with little money can still have many wonderful experiences.

I hope my message has at least jarred you into rethinking the standard and conventional approaches to living one’s life—get a good job, work hard through endless hours, and then retire in your sixties or seventies and live out your days in your so-called golden years. But I still ask you: Why wait until your health and life energy have begun to wane? Rather than just focusing on saving up for a big pot full of money that you will most likely not be able to spend in your lifetime, live your life to the fullest now: Chase memorable life experiences, give money to your kids when they can best use it, donate money to charity while you’re still alive. That’s the way to live life. Remember: In the end, the business of life is the acquisition of memories. So what are you waiting for?

That is what I mean when I say that we die many deaths in the course of our lives: The teenager in you dies, the college student in you dies, the single unattached you dies, the version of you that’s a parent of an infant dies, and so on. Once each of these mini-deaths occurs, there’s no going back. Maybe “dies” is a bit harsh, but you get the idea: We all keep moving forward, progressing from one stage or phase of our lives to the next.

When you face asymmetric risk, it makes total sense to be bold, to grab the opportunity at hand. At the extreme, when the downside is very low (or nonexistent, as in the “nothing to lose” case) and the upside is really high, it’s actually riskier not to make the bold move. The downside of not even taking a chance is emotional: potentially a lifetime of regret and wondering What if? The upside of taking a chance always includes emotional benefits—even if things don’t work out. There’s a great sense of pride at having pursued an important goal wholeheartedly. If you’ve given something your all, you’ll get a lot of positive memories out of the experience no matter what happens.

If you’re already a billionaire, it’s safe to assume that your children would be better off if you spent at least a little more time with them, even if it’s to the detriment of your career. The financial cost to your career is small, but the benefit to your children is immense. So it’s a net gain to the family, including to you.

At the high end, retirees who had $500,000 or more right before retirement had spent down a median of only 11.8 percent of that money 20 years later or by the time they died. That’s more than 88 percent left over—which means that a person retiring at 65 with half a million dollars still has more than $440,000 left at age 85! At the lower end, retirees with less than $200,000 saved up for retirement spent a higher percentage (as you might expect, since they had less to spend overall)—but even this group’s median members had spent down only one-quarter of their assets 18 years after retirement.

A Black statistician by the name of Bill Jenkins found out about the study and tried to ring the alarm. You know why nobody listened?” “Why?” I whispered. “Because even though regular folks didn’t know, the medical folks knew. In some respects, the government did this in plain sight. They were publishing articles in medical journals about it and everything. Either they didn’t see what was wrong with it, or nobody cared about poor colored folks down in Alabama.” “Or they thought they were doing good,” I said.

The utility of money changes over time, and it does so in a fairly predictable way: Starting sometime in your twenties, your health very subtly starts to decline, causing a corresponding decline in your ability to enjoy money. Ability to Enjoy Experiences Based on Health Everyone's health declines with age. Wealth, on the other hand, tends to grow over the years as people save up more and more. But worsening health gradually constrains your enjoyment of that wealth as more and more physical activities become impossible to enjoy, no matter how much money you can afford to spend on them.

The insurance companies that create annuities often make them seem like investments,” he wrote in a recent explainer about annuities. “But really they’re more like insurance.” Lieber went on: “Like insurance to stave off financial disaster, an annuity is something you purchase to guarantee that you won’t run out of money if you live a long time.” In fact, thinking of annuities as insurance makes them a lot more sensible than thinking of them as investments—because as investments they are not good at all. But that’s not their goal—their goal is to insure you against the risk of outliving your money.

Life is not a game of Space Invaders—you don’t get points for all the money you rack up in the game—but many people treat it as though it were. They just keep earning and earning, trying to maximize their wealth without giving nearly as much thought to maximizing what they get out of that wealth—including what they can give to their children, their friends, and the larger society now, instead of waiting until they die.

Or, if your out-of-pocket medical expenses amount to $50,000 per night (as they did for my father’s hospital stay at the end of his life), does it really matter whether you’ve saved $10,000 or $50,000 or even $250,000? No, it doesn’t, because the extra $50,000 will buy you one extra night, a night that might well have taken you a year’s worth of work to earn! Similarly, $250,000 saved over however many years will get wiped out in five days. I’m not suggesting that you should rack up large hospital costs with a plan to then stiff the hospital on those bills. What I’m saying is that you can’t pay your way out of high-priced end-of-life medical care; since uninsured medical care is so expensive, it won’t make any real difference for the vast majority of us whether we save for it or not. Either the government will pay for it or you will die.

You might think that as people get older, they spend money more freely out of the sheer desire to make the most of it before it’s truly too late. But the opposite tends to happen. In general, spending among American households declines as people age. For example, the Consumer Expenditure Survey, conducted by the Bureau of Labor Statistics, found that in 2017, average annual spending for households headed by 55-to-64-year-olds was $65,000; average spending fell to $55,000 for those between 65 and 74; and spending fell again to $42,000 for those 75 and older. This overall decline occurred despite a rise in healthcare expenses, because most other expenses, such as clothing and entertainment, were much lower. The decline in spending over time was even more acute for retirees with more than $1 million in assets, according to separate research conducted by J.P. Morgan Asset Management, which analyzed data from more than half a million of its customers.

Well, buying an annuity means you give the insurance company a lump sum—say, $500,000 at age 60—and in return you get a guaranteed monthly payout (for example, $2,400 each month) for the rest of your life, however long that happens to be. Like all insurance, annuities aren’t free—insurance companies have to make money to stay in business!—but if your goal is to maximize the life experiences you can buy with the money you’ve earned, they’re a very sensible solution. That’s partly because, even after the insurance company’s fees, your monthly payouts amount to more than you would probably be willing to pay yourself if you wanted to make sure you didn’t outlive your money. For example, one popular rule of thumb for retirement spending is the “4 percent rule,” whereby you withdraw 4 percent from your savings each year of retirement. Well, with annuities, your annual payouts will probably amount to more than 4 percent of what you put into the annuity—and, unlike the 4 percent withdrawals, those payouts are guaranteed to continue for the rest of your life.

But only a fool defines “right” ends achieved by “wrong” ways as success.

The Christian life isn’t about being perfect and deserving God’s favor. It’s about taking a few steps, stumbling, getting back up, and taking a few more steps.

Frank Hummert was a Chicago copywriter in the ’20s. In 1930 he met Anne Ashenhurst, a former newspaperwoman who became his assistant and, five years later, his wife. The Hummerts had a formula that was surefire: appeal to the lowest common denominator, make it clear, grab the heartstrings, and reap the rewards. With writer Robert Hardy Andrews they created The Stolen Husband, one of radio’s earliest soaps. Hummert went on to do the most notable serials of the daytime. His name was added to the agency Blackett & Sample, though he was never a partner and owned no part of it. He left Blackett-Sample-Hummert and moved to New York. His new company, Air Features, Inc., turned out (among many others) Just Plain Bill, The Romance of Helen Trent, Ma Perkins, Our Gal Sunday, Lorenzo Jones, and Stella Dallas. It was estimated that Hummert at his peak bought 12.5 percent of the entire network radio schedule, that he billed $12 million a year, that his fiction factory produced almost seven million words a season.

think about what you really want out of this life in terms of meaningful and memorable experiences.

As you time-bucket your life, you parcel out a single list of experiences into different and distinct time sections of your life.

Empieza a pensar más en cómo usar tu tiempo limitado y tu energía vital, y estarás en el buen camino para vivir la vida más plena posible.

So many people tell themselves that they are working for their kids — they just blindly assume that earning more money will benefit their kids. But until you stop to think about the numbers, you can’t know whether sacrificing your time to earn more money will result in a net benefit for your children.

Al mismo tiempo, pensar en la muerte puede ser angustiante, por lo que tendemos a evitar hacerlo, y nos comportamos como si nunca fuese a suceder. Seguimos postergando experiencias maravillosas, como si en nuestro último mes de vida pudiésemos embutir todas esas experiencias aplazadas a lo largo de nuestra vida. No es necesario decir que eso no es posible, por lo que es completamente irracional.

la premisa de este libro es que deberías centrarte en maximizar el disfrute de tu vida en lugar de maximizar tu riqueza. Se trata de dos objetivos muy distintos. El dinero no es más que un medio para un fin. Tener dinero te ayuda a alcanzar el objetivo, más importante, de disfrutar de tu vida; pero intentar maximizar tu dinero se interpone, de hecho, en el camino de alcanzar el objetivo más importante. Por lo tanto, ten siempre presente este objetivo último. Haz que «maximizar el disfrute total de tu vida» sea tu mantra, usándolo para guiar cada decisión, incluyendo en qué centrarte con tu asesor financiero.

Death wakes people up, and the closer it gets, the more awake and aware we become.

alcanzar el equilibrio adecuado entre gastar en el presente (y sólo en lo que valoras) y en ahorrar inteligentemente para el futuro.

to get the most out of your time and money, timing matters.

The “religious freedom” promoted by Bill O'Reilly, Sarah Palin, the Conference of Catholic Bishops, the Religious Right of Ken Ham and Tony Perkins is a fraud and a scam; it is antithetical to true freedom of conscience and belief.

The moment we trust in Jesus, God’s Spirit acts like an electric current touching the filament of our spirit, and we’re able to fulfill our God-given purpose.1 Unlike the unreliable power source on which a lightbulb depends, the Holy Spirit indwells us with an inexhaustible and unbreakable supply of energy—the same resource that Jesus drew

It’s as if, when we become Christians, God attaches a spiritual umbilical cord to our spirits so he can impart to us his life and strength. Unlike a physical birth, when the doctor cuts the cord, in our spiritual rebirth, God remains attached to us.2

Experts in retirement planning even have some lingo for this consumption pattern: go-go years, slow-go years, and no-go years.

As you might recall, I was a penny-pinching guy in my twenties, proud of myself for managing to save up money

Your ability to enjoy many experiences in life depends on your health—but money plays a part, too, because a lot of activities cost money. So you’d better spend the money when you still have the health.

or

earning and earning while forgetting that your whole point in earning money is to be able to spend it on the experiences that make your life what it is.

As humans, we have trouble processing large amounts of data involving multiple variables, and when we get overwhelmed we go on autopilot, and the result is far from optimal.

What’s the takeaway here? Being aware that your time is limited can clearly motivate you to make the most of the time you do have.

The 26-to-35 age range combines the best of all these considerations—old enough to be trusted with money, yet young enough to fully enjoy its benefits.

What Good Is Wealth Without Health?” In other words, to get the most out of your time and money, timing matters. So to increase your overall lifetime fulfillment, it’s important to have each experience at the right age.

a plan to spend a huge portion of your wealth during the last few weeks of life makes no sense. It’s totally irrational.

Another principle: Although we all have at least the potential to make more money in the future, we can never go back and recapture time that is now gone. So it makes no sense to let opportunities pass us by for fear of squandering our money. Squandering our lives should be a much greater worry.

Just Plain Bill was one of the biggest (and first) successes of daytime radio, enjoying a run of more than two decades. It exploited a favored theme of producers Frank and Anne Hummert: life in a small town. The precise location of Hartville was not revealed, but it was always thought to be somewhere in the Midwest. The serial was unusual in at least two aspects: the protagonist was male, and the musical bridges were played on guitar and harmonica, giving it a sound quite unlike the organ-drenched serials around it. Bill Davidson was one of the first great philosophers of serial drama. He was the male counterpart of Ma Perkins, predating that staunch old mother of the air by almost a year. He ran a barbershop, but what Bill did best was meddle in the lives of his friends, all for their own good. He got involved under protest, arguing in that marvelously caring voice that “this is really none of my affair” while the announcer returned to put it in perspective: How can Bill, drawn into the middle of this romantic triangle, straighten out the lives of his friends?

It’s called consumption smoothing. Our incomes might vary from one month or one year to another, but that doesn’t mean our spending should reflect those variations—we would be better off if we evened out those variations. To do that, we need to basically transfer money from years of abundance into the leaner years. That’s one use of savings accounts. But in my case, I had been using my savings account totally backwards—I was taking money away from my starving younger self to give to my future wealthier self! No wonder Joe called me an idiot.

At the high end, retirees who had $500,000 or more right before retirement had spent down a median of only 11.8 percent of that money 20 years later or by the time they died. That’s more than 88 percent left over—which means that a person retiring at 65 with half a million dollars still has more than $440,000 left at age 85!

Why didn’t retirees spend more of their money when they were young enough to enjoy it more fully? What were they waiting for?! There are a couple of answers to that question. The first is that people did have good intentions to spend the money, but once they reached a certain age, they found that their wants and needs changed, or perhaps diminished. Experts in retirement planning even have some lingo for this consumption pattern: go-go years, slow-go years, and no-go years. The idea is that when you’re first retired, you’re raring to have all those experiences you’ve been putting off until retirement, and you still (for the most part) have the health and energy to pursue those experiences. Those are your go-go years. Later on, typically in your seventies, you begin to slow down as you cross items off your bucket list and your health declines. And later still, in your eighties or beyond, you don’t have a whole lot of “go” left at all, no matter how much money you still have.

Besides, it is much smarter to spend your healthcare money on the front end (to maintain your health and try to prevent disease) than to spend it at the end, when you get a lot less bang for every buck you spend.

So how do you make sure you’re covered if you need long-term care, without having to save up massive amounts of money you won’t spend if you don’t need nursing care? The answer: long-term care insurance. Look into it and you might discover that it costs less than you think, especially if you start paying premiums before you’re 65.

So instead of engaging in “precautionary saving,” as economists call the practice, I’ll let the cards fall where they may. We all die sooner or later, and I’d rather die when the time is right than sacrifice my better years just to squeeze out a few more days at the tail end. Or, as I like to say, “See you at the grave!

And once it’s yours, it now represents hours of your life, which you can exchange for whatever will help you live the best life you can.

So always keep this end goal in mind. Make “maximize total life enjoyment” your mantra, using it to guide every decision—including what to focus on with your financial adviser. If you tell your fee-only financial adviser that you are trying to get as much enjoyment out of your savings as possible without outliving your savings, they can help you create a plan for making that happen. The

Recommendations Remember that “early” is right now. Of those experiences you thought about earlier, think about which ones would be appropriate to invest in today, this month, or this year. If you’re resisting having them now, consider the risk of not having them now. Think about the people you’d like to have experiences with—and picture the memory dividends you stand to gain from having those experiences sooner rather than later. Think about how you can actively enhance your memory dividends. Would it help you to take more photos of your experiences? To plan reunions with people you’ve shared good times with in the past? Compile a video or a photo album? 3 ​​ Why Die with Zero?

To fully enjoy life instead of just surviving it, you need to stop driving mindlessly and actively steer your life the way you want it to go. That won’t be the last time I say that—helping you live more deliberately is one of my biggest goals for this book.

So to me it makes perfect sense to want to die with zero. Not to reach zero before you die, which would leave you high and dry, but to have as little as possible left unused for all the time and energy you spent working to earn that money.

The more money you have, the more you should be using this tactic, because your time is a lot more scarce and finite than your cash. I am constantly trading money back into time.

My point to you is that, like so many people who invest in real estate, Paulie was thinking only about return on equity—not about return on experience. To me that’s just another version of the same mistake I’m always harping about: earning and earning while forgetting that your whole point in earning money is to be able to spend it on the experiences that make your life what it is. Think

To understand why you should think in terms of a date, not a number, you need to recall that enjoying experiences requires a combination of money, free time, and health. You need all three—money alone is never enough. And for most people, accumulating more money takes time. So by working more years to build up more savings than you actually need, you are getting more of something (money), but you are losing even more of something at least as valuable (free time and health). Here’s the bottom line: More money doesn’t equal more experience points.

But what all this financial advice has in common is the idea of coming up with a single number—one financial target to shoot for and hit before you can safely start to draw down your savings. For those people who haven’t saved enough to live on in retirement—either because their income is too low or because they’ve been too much of a grasshopper—the focus on reaching a financial target does make sense. Without such a pinpointed target in mind, people who haven’t saved enough clearly risk ending up living out everyone’s worst-case scenario: running out of money and then being too old to go back to work.

Knowing Your Peak: It’s a Date, Not a Number

But in general, most people hit their peak between the ages of 45 and 60. That’s what our simulations show: For most people, waiting until they are past this age range causes suboptimal fulfillment results, because they end up dying with more than zero, running out of time in which to have many fulfilling experiences. Clearly,

What does all this mean for you? It means that unless you are an exception, you ought to start spending your wealth down much earlier than what is traditionally recommended. If you wait until you’re 65 or even 62 to dip into your nest egg, you will almost certainly end up working longer than necessary for money you will never get to spend. What a sad thought: to slave away at a job and never get the gold. Don’t

In short, be careful not to be constantly seduced by money. Sure,

Recommendations Calculate your annual survival cost based on where you plan to live in retirement. Consult your doctor to get a read on your biological age and mortality; get all the objective tests you can afford that give you the status of your current health and eventual decline. Given your own health and history, think about when your enjoyment of those activities is likely to start declining in a noticeable way on an annual basis—and how the activities you love will be affected by this decline.

But even when you include money as a consideration, the curve won’t skew right—you will find that the vast majority of the experiences you want to have will have to happen within about 20 years of midlife, in either direction—in other words, roughly between 20 and 60. People so often talk about saving for retirement. But there are far fewer conversations about saving for excellent and memorable life experiences that need to happen much sooner than the typical retirement age. If you look at the activities that are advertised in retirement commercials—a couple holding hands while strolling on a beautiful beach, a man holding a youngster on his shoulders—you’ll find that you actually want to do most of those things before you’re retired.

So it’s well worth your while to spend time and money improving or at least maintaining your health, whether by joining a ritzy gym (the kind you actually look forward to visiting), hiring a personal trainer, or following along with fitness videos.

Recommendations If time-bucketing your whole life feels a bit overwhelming, just do the exercise with three time buckets covering the next 30 years. Know you can always add more to your list; just do it long before your age and health become a real factor. If you have children, think about your own version of the Heffalump movie: What one experience do you want to have more of with them in the next year or two, before that phase of their life and your life is over? 8 ​​ Know Your Peak Rule No.

Here’s what I suggest you do. Draw a timeline of your life from now to the grave, then divide it into intervals of five or ten years. Each of those intervals—say, from age 30 to 40, or from 70 to 75—is a time bucket, which is just a random grouping of years. Then think about what key experiences—activities or events—you definitely want to have during your lifetime. We all have dreams in life, but I have found that it’s extremely helpful to actually write them all down in a list. It doesn’t have to be a complete list; in fact, you can’t know right now everything you’ll ever want to do, because, as you know, new experiences and new people you meet tend to reveal unexpected additional interests that you’ll want to pursue. Life is all about discovery. And you will revisit this list later in life, too. But

By contrast, by dividing goals into time buckets, you are taking a much more proactive approach to your life. In effect, you’re looking ahead over several coming decades of your life and trying to plan out all the various activities, events, and experiences you’d like to have. Time buckets are proactive and let you plan your life; a bucket list, on the other hand, is a much more reactive effort in a sudden race against time.

But actually delaying gratification is helpful only to a point. If you have your nose to the grindstone too much every day, you run the risk of waking up one morning and realizing that you may have delayed too much. And, at the extreme, indefinitely delayed gratification means no gratification. So at what point is it better not to delay? Well,

Recommendations Think about your current physical health: What life experiences can you have now that you might not be able to have later? Think of one way in which you can invest your time or your money to improve your health and thereby improve all of your future life experiences. Learn about how to improve your eating habits to improve your health. Of the many books on this subject, the one I know well and always recommend is Eat to Live, by Joel Fuhrman, M.D. Do more of the physical activities that you already enjoy (such as dancing or hiking) that will also improve your enjoyment of future experiences.

If your ability to enjoy experiences is more constrained by time than by money or by health, think of one or two ways you can spend some money now to free up more of your time.

You just kind of assume that some things will last forever. But of course, they don’t. That’s sad, granted, but there’s good news: Just realizing that they don’t last forever, that everything eventually fades and dies, can make you appreciate everything more in the here and now.

But if you’re 70, you probably don’t want to wait until you’re 80! Your declining health—which means that the experience might not be available to you if you delay having it—

But if you’re 70, you probably don’t want to wait until you’re 80! Your declining health—which means that the experience might not be available to you if you delay having it—tells you to have the experience now.

Now, I’m not trying to be morbid, nor am I trying to present so much in the way of gloom and doom. My point—and this is important—is that the day I die and the day I stop being able to enjoy certain experiences are two distinctly different dates. And this is true for everyone.

then time passes and they find themselves in the senior pool and ask themselves how they wound up there!

The saddest, though, is when the realization doesn’t hit until you’re facing your own mortality, when it really is too late to change anything and all you can do is make peace with your past.

So you see, thinking in terms of Would I rather? is really getting at the same issue as the personal interest rate: The older you get, the less willing you should be to delay an experience, even if someone pays you a lot of money to do so.

team of psychologists asked one group of young students to imagine that they would be moving far away in 30 days, and told them to plan their next 30 days accordingly: It would be the students’ last chance for a very long time to enjoy all the special people and places they’d come to like about their college. In short, the students were urged to savor their remaining time on campus. Then, every week that month, the researchers asked the students to write down their activities. By contrast, another group of freshmen weren’t told to imagine anything or to do any kind of savoring of their days—they merely had to track their daily activities. Guess what happened? As you can imagine, the students in the first group were happier by the end of the 30 days than the second group. Whether they did more or just managed to squeeze more enjoyment out of whatever they did on a daily basis, the mere act of deliberately thinking about their time as limited definitely helped. What’s the takeaway here? Being aware that your time is limited can clearly motivate you to make the most of the time you do have. We’ve

Her patients’ number one regret was wishing they’d had the courage to live a life true to themselves—as opposed to the life that others expected of them. It’s a regret about not pursuing your dreams, and therefore having those dreams go unfulfilled.

the second regret—and actually the top regret among Ware’s male patients—was this: “I wish I had not worked so hard.” That hits right at the heart of what I’m preaching. “All of the men I nursed deeply regretted spending so much of their lives on the treadmill of a work existence,

Because that goal will have done its real job, of pushing you in the right direction: By aiming to die with zero, you will forever change your autopilot focus from earning and saving and maximizing your wealth to living the best life you possibly can. That’s why dying with zero is a worthy goal—with this goal in mind, you are sure to get more out of your life than you otherwise would have.

The Younger You Are, the Bolder You Should Be Bear in mind what I said about investing in experiences, especially when you’re young. The idea is that it’s always good to invest in experiences—but it’s especially good to do it when you’re young. Well, a similar logic applies to being bold: When you’re older, some risks become more foolish than bold.

But the logic of my experience works at any scale, from someone who leaves a six-figure job and can borrow money from their rich parents to guys who have only two nickels to rub together.

hope my message has at least jarred you into rethinking the standard and conventional approaches to living one’s life—get a good job, work hard through endless hours, and then retire in your sixties or seventies and live out your days in your so-called golden years. But I still ask you: Why wait until your health and life energy have begun to wane? Rather than just focusing on saving up for a big pot full of money that you will most likely not be able to spend in your lifetime, live your life to the fullest now: Chase memorable life experiences, give money to your kids when they can best use it, donate money to charity while you’re still alive. That’s the way to live life.