long-term care insurance.

stressors. A study of people’s travel constraints—what kept them from traveling to a specific destination—not only confirms this intuition but goes further. Some researchers asked people of different ages what prevented them from taking a trip. They found that people under age 60 are most constrained by time and money, whereas people 75 and older

Clearly, earnings growth also has a big effect on a person’s peak. Someone with rapid earnings growth hits their peak early. At the other end of the earnings spectrum are people who need to keep adding to their savings into their late sixties, perhaps even later, if they are to have any discretionary experiences after retirement.

Warren Buffett and other investment advisers are trying to grow money, and I’m trying to grow the richest life I can; and when I say rich, I mean rich in experiences, in adventures, in

Think, for example, of the amazing gift Robert F. Smith gave to the class of 2019 of Morehouse College, paying off all their student loans. Whatever his motives were, whatever amount his gift added up to, the point is that Smith didn’t put it in his will—he gave while he was still very much alive, enabling today’s graduates to leave college

Rule No. 1: Maximize your positive life experiences.

Positive experiences are radioactive and contagious in a good way; they start a chain reaction that releases more energy than you thought you had.

And, depending on when you were born, you can start receiving your full Social Security benefits somewhere between 66 and 67.

Draw a timeline of your life from now to the grave, then divide it into intervals of five or ten years. Each of those intervals—say, from age 30 to 40, or from 70 to 75—is a time bucket, which is just a random grouping of years. Then think about what key experiences—activities or events—you definitely want to have during your lifetime. We all have