Spend While You Still Can

The 85-year-old? He may not ski at all. He may struggle with altitude.

The same $10,000 might bring little joy—or even discomfort. Same money. Radically different

value. That is the cruelty of biology. Your ability to convert money into

enjoyment declines with age. We all live within three variables: health,

time, and money. In your twenties, you have health and time—but no

money. In your fifties, you have money and health—but very little time.

In your eighties, you may have money and time—but no health. Yet we spend our

lives saving aggressively for the phase where our consumption ability is at its lowest.