About this episode
And in case you missed it, check out last week's episode of Your Money Guide on the Side where we answered the question, How do I beat the stock market? Is Future Planning Ruining Your Future? What if your financial advisor told you to spend your money now ? To give away your inheritance early? To go on more vacations? To prioritize experience over investment? What if they told you the only inflation-protected asset is experience? Bill Perkins is a hedge fund manager, poker player, and author of the bestseller Die With Zero . On this week’s episode, he breaks down why money is just a means — and experience is the end. 📚 What We Discuss with Bill Perkins: 🛤️ 02:40 — Early revelations and going the non-traditional route 💡 05:10 — Borrowing from your poor self to give to your rich self 📆 07:35 — “What experiences belong when?” — and why delayed gratification can go too far 🤔 10:25 — What money can really buy — fulfillment vs. accumulation 🎢 12:22 — Staple experiences worth the cost — collecting memories that stick 🧠 13:35 — Memory dividends — the one return no market crash can erase 👵 15:40 — Retirement planning — running out of money vs. running out of time 🧘 17:50 — Letting go — why overplanning for the future can wreck the present 🕰️ 20:25 — “Life is now, life is urgent” — estate planning and missed chances 🏛️ 23:20 — When should inheritance be inherited? Challenging default thinking 🎯 26:15 — Hindsight and financial regret — is gold-plated better than good enough? 📖 28:20 — Learning from the past to make the most of what’s next 💸 29:20 — What is your time worth? The hidden cost of chasing more income 💡 What You’ll Walk Away With Why deferring joy is often just fear in disguise A new way to think about saving, giving, and legacy How to measure value through memory, not money A framework for spending intentionally at different life stages How to plan for the end of life without missing the middle 🧾 Resources Mentioned Die With Zero by Bill Perkins → https://a.co/d/9KKHOzT Your Money or Your Life by Vicki Robin and Joe Dominguez → https://yourmoneyoryourlife.com If you're still game to support the show, leaving a quick review really helps — even one sentence goes a long way to help others find the show. You can also join thousands of other investing-minded folks by subscribing to the newsletter: www.tylergardner.com If you enjoyed this, check out episode 22 with Wendy Li — a former endowment CIO who managed billions for New York’s top institutions and shared how institutional investors evaluate risk, choose fund managers, and build resilient portfolios.