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Dec 17, 2024
12:24
:40
pm
Iman23
All-American
He addresses this in the book, since it is the chief concern of most people
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Iman23
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Iman23
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Jan 18, 2008
Last login
Dec 18, 2024
Total posts
44,758 (3,008 FO)
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Messages
Author
Time
My thoughts on the "Die with Zero" concept.
TheNerd
Dec 17, 12:20pm
He addresses this in the book, since it is the chief concern of most people
Iman23
Dec 17, 12:24pm
Yeah I don’t plan to die with zero, but I definitely want to spend a lot of my money making memories with my kids and
RootieBoy
Dec 17, 12:25pm
Interesting - just reading your post (I haven't read the book either)...
Eddie
Dec 17, 12:29pm
I will never run out. It is going to awesome
Turd Ferguson
Dec 17, 12:30pm
I think there is merit in sharing earlier and creating experiences. However, the best thing I can do for my kids is
Zenoch
Dec 17, 12:30pm
I don't know how to manage resources at the end of life. My impression was that
RoboKayne
Dec 17, 12:33pm
His book relies strongly on insurance products to make it happen. I like the idea but I don’t like the implementation.
LaserCoug
Dec 17, 12:32pm
I've been trying to convince my parents to read that book, but they haven't yet.
Superkid
Dec 17, 12:33pm
He spends a big chunk of the book on how to make sure you dont run out of $$$
BYUfan92
Dec 17, 12:42pm
Which, based on LaserCoug's comment, is probably some sort of indexed annuity.
TheNerd
Dec 17, 12:44pm
I added a few comments / videos to my post on a different approach that I follow
BYUfan92
Dec 17, 12:54pm
It’s an awesome book. You should read it.
Ham
Dec 17, 12:45pm
The trick is to not take "Die with zero" too literally. Die with very little is
homegrown
Dec 17, 12:46pm
To me one of the most important takeaways of the book is to be thoughtful and
yahtzee
Dec 17, 12:48pm
Agreed. Its easy to get into the "save, save, save" mode. For those that do
BYUfan92
Dec 17, 12:58pm
What if I’m already at zero and nowhere near dead?
pink22
Dec 17, 1:02pm
Or "Die with cash flowing assets" and spoil your friends and family with the proceeds which will hopefully
mulletino
Dec 17, 1:37pm
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