All the Hacks with Chris Hutchins

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

12.07.2022 - By Chris HutchinsPlay

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#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

 

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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

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Bill Perkins’ Saint Barthélemy Recommendations

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Hotels: Eden Rock | Le Barthélemy Hotel & Spa

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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

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