Keep the pace. And enjoy.

The book’s epigraph from Goethe speaks not to the substance of each day, but its flow: “Do not hurry. Do not rest.”

Winston Churchill notes that “To improve is to change; to be perfect is to change often.”

Most of the time most people, at every stage of life, want just a little bit more.

This emotion is intensely felt by those at the end of their working lives. The shift from employment to retirement, from accumulation to decumulation, is hardly just the next stage of financial planning. It is also an existential reorientation, one in which people are confronted with a change in purpose. Motivations like competing, winning, and con

Yet enough is hard. It is harder than more. More is a deeply wired evolutionary instinct for survival. Humans have not only survived but dominated all other species in part because of our aspirational nature. We survive not just by fending off dangers, but by seizing opportunity. Enough—deeply important and the wellspring of reflective happiness—ca

Having more—especially more than others—is psychologically meaningful. To think otherwise would be naïve.174

Our relationship to time—better put, to temporality—implicates some of the most mind-bending and exciting conversations in philosophy, psychology, economics, and neuroscience. Humans have a unique ability to mentally zip through time, moving back and forth through the past (memory), the now, and the future (imagination). We are time travelers, of a

With the growth of financial assets, there’s an overarching rule for managing expectations: The price you pay is a primary determinant of long-term results. Specifically, the more you pay, the less you will get. The less you pay, the more growth you will find.