it means live your life to the full, in your own way, as you want to
menez la vie... means 'lead the life ...' in French.
"le temps de votre vie" is "the time of your life", but it looks like a literal translation from English, it is not something a French would say.
to be the dream of your life
La vie in French means "the life" in English.
your life = ta vie/votre vie ("Votre" is the polite form of "you", in French)
Bonne vie in French means "good life" in English.
La vie en vie au plus plein
your life is translated ta vie (using the pronoun for you singular and informal) / votre vie (using the pronoun for you plural or formal) in French.
La bonne vie in French means "the good life" in English.
La vie sourit in French mean "Life smiles" in English.
C'est beau la vie! in French means "Life is beautiful!" in English.
Joie de la vie in French means "joy of life" in English.