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Remember, as ironic as it may seem, it is the third person singular that gets the ?s? on the end of most verbs. Here is the complete conjugation of the verb to live?. We live, you (all) ( plural) live, they live. So, anytime you are talking about more than one, no ?s? on the end of a verb.
A person lives their best life, while people live their best lives. Very often I see the singular used (person/life) because otherwise it could be interpreted as a person having more than one life.
The word ?lives? is not only the plural form of the noun ?life?, but also the third person singular form of the verb ?live?. To summarize: Life is a singular noun and becomes the plural noun lives. Lifes is not a word at all, it is not the plural form of life, and it is never used!
When do we use life and when live, lives? WordExplanationExamplelive [l?v]to live (verb)I live in France.he lives [l?vz]Peter lives in Poland.life [la?f]state of livingI read a book about the life of Mark Twain.lives [la?vz]plural of lifeMany people lost their lives in the war.2 more rows