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Kiplinger
Kiplinger
Business
Jacob Schroeder

The 'Die With Zero' Rule of Retirement

A tranquil coastal landscape featuring slender grave markers, rolling green hills, and a calm sea under a partly cloudy sky. Ideal for themes of history, memory, and nature.

Over the next two decades, an estimated $90 trillion will pass from older generations to heirs in what’s been called the "Great Wealth Transfer." It's a huge shift for those who follow estate and retirement planning trends. But if you ask hedge fund manager and best-selling author Bill Perkins, what’s really being transferred isn’t just money — it’s trillions in unlived experiences.

In his book Die With Zero: Getting All You Can from Your Money and Your Life, Perkins argues that life is better spent maximizing experiences rather than maximizing wealth. After all, wealth is only valuable if you actually use it.

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