“Die with Zero” is a concept and a book title by Bill Perkins, a hedge fund manager, and entrepreneur. In his book, Perkins challenges the traditional notion of saving for retirement and encourages readers to rethink their approach to money and time management.
The central idea of “Die with Zero” is that instead of saving all of your wealth for retirement or passing it on as inheritance, you should aim to spend your money strategically throughout your lifetime to maximize enjoyment and fulfillment. Perkins argues that experiences and memories are more valuable than material possessions and that people should prioritize spending on experiences and activities that bring them joy and fulfillment.
Perkins introduces the concept of the “ZWL” or “Zero Waste Lifestyle,” which involves spending down your wealth to zero by the end of your life, rather than leaving a large inheritance behind. He argues that by spending money on experiences and activities that align with your values and priorities, you can live a more fulfilling and meaningful life.
While the concept of “Die with Zero” may challenge conventional wisdom about financial planning and retirement savings, it encourages readers to think more holistically about their wealth and how they choose to use it to enrich their lives and the lives of others.
