One uncomfortable idea shared by Die with Zero is the idea that if we really believe in consumption smoothing, we would have to entertain the idea that a certain period of our life, we would hit our peak net worth. It means decreasing net-worth thereafter. The reasoning is actually quite sound - at an older age, we will not need so much money anymore. We should also take the time to enjoy what we have already earned. The year by which we attain peak net worth, however, is subjective. Any time in your 40s is fine but I think that in Singapore, the peak should not arrive earlier than 55 when you can extract your CPF money. It is also affected by the age by which your kids start being able to hold down a job and fend for themselves. The second aspect of peak net worth is that we need to now fin...