Die With Zero: Net Fulfillment Over Net Worth with Bill Perkins
Dec 07, 2022•2 hr 38 min•Ep 91•Transcript available on Metacast Episode description
#91: Hedge fund manager and author, Bill Perkins, joins Chris to talk about what it actually means to die with zero. They discuss why you should focus on net fulfillment in each stage of life, what types of experiences to prioritize, banking memory dividends, questions to ask yourself in order to make the best choices about spending your money, solving for maximum fulfillment, and so much more.
Bill Perkins (@billperkins) is a successful hedge fund manager and energy trader whose mission is to guide people to focus on living their richest lives now. His book is Die with Zero: Getting All You Can from Your Money and Your Life.
Full show notes at: https://allthehacks.com/die-with-zero-bill-perkins
Partner Deals
Inside Tracker: 20% off personalized wellness & nutrition plans backed by science
MasterClass: Learn from the world's best and buy one get one free
Daffy: Learn more about charitable tax savings with a special offer
Vuori: 20% off the most comfortable performance apparel I've ever worn
For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals
Resources Mentioned
All the Hacks is a Signal Awards finalist: Vote Now
Connect with Bill Perkins: Instagram | Website | Twitter
Die With Zero: Getting All You Can from Your Money and Your Life
Wealthfront Financial Utopia Number
Calculate your biological age: Inside Tracker
Full-body MRI Scan: Prenuvo
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence
All the Hacks Newsletter
Hacking Healthcare: Saving Money and Pushing Back
All the Hacks Podcast
#40: The Power of Regret, Motivation and Good Timing with Daniel Pink
Bill Perkins’ Saint Barthélemy Recommendations
Beaches: Flamands Beach | Grand Cul de Sac Beach | Gouverneur Beach | Saline Beach | Shell Beach
Hotels: Eden Rock | Le Barthélemy Hotel & Spa
Resturants: Nikki Beach | Shellona | Tamarin St. Barth
Gustavia Shopping
Full Show Notes
(00:00) Introduction to Bill Perkins
(01:36) Target Audience of Bill’s Book
(02:43) Defining Net Fulfillment
(03:25) Common Misconceptions About Retirement and Spending
(05:23) The Declining Utility of Money
(09:28) Anti-Bucket List vs. Bucket List
(11:59) Memory Dividend
(18:38) Remembering Bucketing Experiences
(20:11) Investing in Experiences Now
(23:38) Ideal Timing for Experience Bucketing
(26:12) Prioritizing Experiences for People in Their 20s and 30s
(28:21) Avoiding the Hamster Wheel
(33:14) Principles of Living an Optimized Life and the Five Whys
(35:09) Career Upgrade Advice from Bill
(38:55) Addressing Concerns About Future Finances
(39:54) Aligning Efforts with Goals
(42:07) Overcoming Fear of Failure
(44:08) Reframing Mindset to Minimize Regrets
(45:48) Embrace Bold Decisions
(46:55) Valuing Time and Fulfillment
(50:02) Navigating Spending: More or Less Money?
(54:46) Estimating Savings Goals and Stopping Points
(60:31) Present Actions for Future Benefits
(1:00:52) The Coke/Pepsi Taste Testing Experiment
(1:07:07) Exploring the FIRE Movement
(1:12:09) Building a Model for Net Fulfillment
(1:16:25) Overcoming Habits and Ego for Greater Opportunities
(1:18:52) Regular Review and Adjustment of Net Worth Goal
(1:22:20) Solving for Maximum Fulfillment
(1:27:01) Extending Quality of Life Through Healthier Habits
(1:30:39) Preventing Diseases Through Diagnostics
(1:35:28) Bill Perkins’ Recommendations for Saint Barthélemy
Connect with All the Hacks
All the Hacks: Newsletter | Website | Membership | Email
Chris Hutchins: Twitter | Instagram | Website | LinkedIn
Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Learn more about your ad choices. Visit megaphone.fm/adchoices