Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3480: Nick Maggiulli challenges the traditional obsession with building ever-larger nest eggs by exploring Bill Perkins’ bold philosophy of spending intentionally and aiming to die with little to no money left. Drawing on data about retiree wealth and inheritance timing, he reveals why many people may be oversaving, and how giving earlier can create far greater impact. This thought-provoking perspective may completely reshape how you think about retirement, legacy, and the true purpose of money. Read along with the original article(s) here: https://ofdollarsanddata.com/should-you-die-with-zero/ Quotes to ponder: "The Investments & Wealth Institute reported, ‘Across all wealth levels, 58 percent of retirees withdraw less than their investments earn, 26 percent withdraw up to the amount the portfolio earns, and 14 percent are drawing down principal.’" "By giving my money to my kids and other people at a time when it can have the greatest impact on their lives, I’m making it their money, not mine." Episode references: Just Keep Buying: Proven Ways to Save Money and Build Your Wealth: https://www.amazon.com/Just-Keep-Buying-Proven-Build/dp/0857199250 Investments & Wealth Institute: https://investmentsandwealth.org/ Die with Zero: Getting All You Can from Your Money and Your Life: https://www.diewithzerobook.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices