Why I plan to die with no money left

Spending more money while I am alive is more fulfilling than leaving behind a nest egg

If this year has taught us anything, it is that life is uncertain. Through this lens, I have started to abandon some conservative personal finance principles. This summer, I went against the adage of "staying the course" with retirement and sold some stocks. I also bought a house in what can be considered a risky environment. To date, I have no regrets.

In my latest move away from what many financial experts preach, I have forgone the aspiration of leaving a financial legacy.

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A version of this article appeared in the print edition of The Sunday Times on October 18, 2020, with the headline 'Why I plan to die with no money left'. Print Edition | Subscribe