This was the best post you have written. I've been thinking about the whole Die with Zero thing for so long and it never felt right to me. I LOVE looking at my Fidelity account and it makes me feel a huge sense of accomplishment along with peace of mind and knowing that I can pay for any problem that comes up without even thinking about it. I don't care about travel or big parties but I am happy that my kids will never have to worry about money and I hope to start gifting them in a few years when they turn 29 and 30. And I have no problem leaving millions to them and my favorite charities when I die. For me, that feels better than trying so hard to spend the money down on "big experiences" that will only provide fleeting memories (as you so clearly explained). I'm so glad I finally got to read a great article debunking so much about the Die with Zero mentally as it has been bugging me ever since the book came out. You did a great job on this and the podcast. Thank you!
Love your thoughts here, especially the ending nod to purpose.
I would just encourage folks to define a meaningful life (plan specifically how they will build meaning in their life) before they pick a number and say goodbye to the 9-to-5.
Love this. The "escape velocity" framing is quite an original and honest idea. We don't save to fund a spreadsheet. We save until we feel safe enough to walk away. That number is almost always higher than the math requires, which means over-accumulation isn't a bug. It's the feature.
My husband and i are reading this book now and while we don't agree with everything in it, I think the best take away is to be more intentional and shift out of the auto pilot mode. No shame in dying millionaires but also don't hoard the money and skip making memories that pay dividends. Thank you for your additional thoughts on the matter.
This was the best post you have written. I've been thinking about the whole Die with Zero thing for so long and it never felt right to me. I LOVE looking at my Fidelity account and it makes me feel a huge sense of accomplishment along with peace of mind and knowing that I can pay for any problem that comes up without even thinking about it. I don't care about travel or big parties but I am happy that my kids will never have to worry about money and I hope to start gifting them in a few years when they turn 29 and 30. And I have no problem leaving millions to them and my favorite charities when I die. For me, that feels better than trying so hard to spend the money down on "big experiences" that will only provide fleeting memories (as you so clearly explained). I'm so glad I finally got to read a great article debunking so much about the Die with Zero mentally as it has been bugging me ever since the book came out. You did a great job on this and the podcast. Thank you!
Love your thoughts here, especially the ending nod to purpose.
I would just encourage folks to define a meaningful life (plan specifically how they will build meaning in their life) before they pick a number and say goodbye to the 9-to-5.
Love this. The "escape velocity" framing is quite an original and honest idea. We don't save to fund a spreadsheet. We save until we feel safe enough to walk away. That number is almost always higher than the math requires, which means over-accumulation isn't a bug. It's the feature.
My husband and i are reading this book now and while we don't agree with everything in it, I think the best take away is to be more intentional and shift out of the auto pilot mode. No shame in dying millionaires but also don't hoard the money and skip making memories that pay dividends. Thank you for your additional thoughts on the matter.
Well said. Couldn't agree more.