Bill Perkins

I've had that. I had a good year and there was people that I would give money to if I had a good year or I'm not going to wait until I'm dead or there are people in my will. And I just went down a list and the maximum tax-free gift you can give per year per person is $15,000. And I had, I think, a 30 to 50 person list of $15,000 to give to people. And this was me reading my own book.

A lot of people are like, why did you write the book? Well, I wrote it to save my own life. I didn't want to waste my life. I wanted to get the most net fulfillment. And after I wrote the book, mainly I talk about children. But then I thought about, that applies to everybody. If I'm going to do something nice and give something or leave something to somebody, it's now.

A lot of people are like, why did you write the book? Well, I wrote it to save my own life. I didn't want to waste my life. I wanted to get the most net fulfillment. And after I wrote the book, mainly I talk about children. But then I thought about, that applies to everybody. If I'm going to do something nice and give something or leave something to somebody, it's now.

When you're really giving somebody money, right? You're giving them life energy. You're giving them the ability to make choices. you're giving them fulfillment. So waiting till they're 96 on the deathbed, they can't really convert that into fulfillment. You really didn't give them what you wanted to give them.

When you're really giving somebody money, right? You're giving them life energy. You're giving them the ability to make choices. you're giving them fulfillment. So waiting till they're 96 on the deathbed, they can't really convert that into fulfillment. You really didn't give them what you wanted to give them.

So when you look at their curve of their life, oh wow, here's the maximum insertion point. And as a matter of fact, wow, $5,000 right now at let's say 33, is like 150,086. It's actually more impactful. There's more going on in life, more choices, things going on.

So when you look at their curve of their life, oh wow, here's the maximum insertion point. And as a matter of fact, wow, $5,000 right now at let's say 33, is like 150,086. It's actually more impactful. There's more going on in life, more choices, things going on.

The cumulative effect, the fact that when they have that experience, not only do they enjoy that experience at that point, whatever that experience is, They get dividends from that experience. They talk about with their friends. They become more interesting. They recall that and they get enjoyment out of it. It's like, oh, remember that ski trip we went on? We had a great time with the kids.

The cumulative effect, the fact that when they have that experience, not only do they enjoy that experience at that point, whatever that experience is, They get dividends from that experience. They talk about with their friends. They become more interesting. They recall that and they get enjoyment out of it. It's like, oh, remember that ski trip we went on? We had a great time with the kids.

Yeah, that was great. They get fulfilled from that. So they get memory dividends associated from that experience. Whereas if you give it to a 96, they do it once, they consume it, if they can even do it, and then they die.

Yeah, that was great. They get fulfilled from that. So they get memory dividends associated from that experience. Whereas if you give it to a 96, they do it once, they consume it, if they can even do it, and then they die.

The main thing is it's very individual. It's like, what do you want? If you're sitting there like, I just like working and going in and that's all I do. Okay. So I'll be the guy.

The main thing is it's very individual. It's like, what do you want? If you're sitting there like, I just like working and going in and that's all I do. Okay. So I'll be the guy.

What I do is I was like, okay, what's reality and what's fear, fear-based thinking? So we try and get on that. And one of the things I'd look for is why don't you go traveling with the kids? Well, it's a pain in the ass, whatever.

What I do is I was like, okay, what's reality and what's fear, fear-based thinking? So we try and get on that. And one of the things I'd look for is why don't you go traveling with the kids? Well, it's a pain in the ass, whatever.

So what I say is when you die, will you have $30,000? Are you on track to die with $30,000, $50,000? I hope so. Okay. So then would you rather consume that $30,000 now and have this experience with your kids, et cetera, or would you rather have $30,000 left over when you die?

So what I say is when you die, will you have $30,000? Are you on track to die with $30,000, $50,000? I hope so. Okay. So then would you rather consume that $30,000 now and have this experience with your kids, et cetera, or would you rather have $30,000 left over when you die?

What if I'm wrong? Then we can sit down and go down the hard numbers. It's like, do you have insurance if you lose your job? What is safe? What do you envision yourself doing in retirement that you can't afford? What bad thing that will happen that we can't buy an insurance policy for? Is it long-term care insurance? If you get that while you're young, it's actually pretty cheap. It's very cheap.

What if I'm wrong? Then we can sit down and go down the hard numbers. It's like, do you have insurance if you lose your job? What is safe? What do you envision yourself doing in retirement that you can't afford? What bad thing that will happen that we can't buy an insurance policy for? Is it long-term care insurance? If you get that while you're young, it's actually pretty cheap. It's very cheap.

I look at what risks they're having and I look at ways to mitigate them. So a lot of people who are conservative, like, oh, I'm worried about something happening. I'm like, what's the something happening that you're worried about?