"Once you’ve finally determined your net worth peak, you must start spending down, or decumulating. This means you will be spending more in your real golden years, when you are in reasonably good shape in both health and wealth—between 45 and 60—than people usually do, because most people who save money for the future save for too late in life."
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Businesspeople from the United StatesPeople from New JerseyPoker players from the United StatesAfrican Americans
Original Language: English
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Chapter 8: Know Your Peak
https://en.wikiquote.org/wiki/Bill_Perkins_(businessman)
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Bill Perkins (businessman)
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