Die With Zero: Net Fulfillment Over Net Worth with Bill Perkins

Partner Deals Long Angle: Join a free private community for high net worth investorsBilt Rewards: ⁠Earn the most valuable points when you pay rentQuince: Affordable luxury essentials with free shipping + 365 day returnsFabric: ⁠Affordable term life insurance for you and your familyFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals#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 scienceMasterClass: Learn from the world's best and buy one get one freeDaffy: Learn more about charitable tax savings with a special offerVuori: 20% off the most comfortable performance apparel I've ever wornFor all the deals, discounts and promo codes from our partners, go to: allthehacks.com/dealsResources MentionedAll the Hacks is a Signal Awards finalist: Vote NowConnect with Bill Perkins: Instagram | Website | TwitterDie With Zero: Getting All You Can from Your Money and Your LifeWealthfront Financial Utopia NumberCalculate your biological age: Inside TrackerFull-body MRI Scan: PrenuvoYour Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial IndependenceAll the Hacks NewsletterHacking Healthcare: Saving Money and Pushing BackAll the Hacks Podcast#40: The Power of Regret, Motivation and Good Timing with Daniel PinkBill Perkins’ Saint Barthélemy RecommendationsBeaches: Flamands Beach | Grand Cul de Sac Beach | Gouverneur Beach | Saline Beach | Shell BeachHotels: Eden Rock | Le Barthélemy Hotel & SpaResturants: Nikki Beach | Shellona | Tamarin St. BarthGustavia 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 BarthélemyConnect with All the HacksAll the Hacks: Newsletter | Website | Membership | EmailChris Hutchins: Twitter | Instagram | Website | LinkedInEditor’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.