Die With Zero: Rethinking Retirement as a Spending Plan

“Die with zero” urges retirees to spend more now and aim to die with zero wealth to maximize experiences, supported by careful planning and tools like permanent life insurance for liquidity and a tax-free death benefit. Proponents point to shifting mindsets after COVID and studies suggesting many retirees under-spend relative to the 4% rule, while critics warn of tax inefficiencies and potential downsides for those without disciplined plans. The approach can work for those who can plan and prioritize experiences, but it isn’t suitable for everyone, especially those without a written plan or who want to leave bequests.