Interactive Wednesday: This NEW Interactive is on FIRE!
FIRE stands for Financial Independence, Retire Early. It is a movement in the space of personal finance that encourages people to live well within their means, and aggressively save money towards early retirement.
If you don’t know a lot about the FIRE movement, I encourage you to watch this 9 minute segment on PBS NewsHour or listen to our podcast with what many consider to be the godfather of the FIRE movement, JL Collins, who also wrote The Simple Path to Wealth.
Linked above is the brand new FinMango Calculator. I included a few notes explaining the assumptions I made. The FIRE movement can really fire up students to invest! A former student of mine was included in the Money Magazine story Meet the Teens Saving for Retirement and was largely motivated after being introduced to the FIRE movement in class. BTW: you can listen to the thoughts of all four teens featured in the article if you’re reading this blog post before 5/20/21 7:00 ET and register to attend our Speaker Series.
Additional FIRE Resources
- Speaker Series Registration Link (Good Until 5/20/21 7:00 ET)
- EdPuzzle Thursday: Retirement & The FIRE Movement
- FinCap Friday: Playing With F.I.R.E.
Do you subscribe to our blog? Click here to sign up, it only takes a moment and you will receive one email each morning that will include the Question of the Day or a FinCap Friday, and other timely and engaging resources.
About the Author
Making a difference in the lives of students through financial capability is Brian’s greatest passion. He comes to NGPF after fifteen years of public school teaching where he was the ‘11 Ohio Department of Education recipient of a Milken National Educator Award, the CEE Forbes Award winner, and a Money Magazine/CNN "Money Hero". He served on the working group for President Obama's Advisory Council on Financial Capability. He has private school experience as a Trustee for the Cincinnati Country Day School and was a past Ohio Jump$tart President. Brian holds a BBA and M.Ed. When Brian isn’t working alongside his NGPF teammates he is likely spending time with his wife, three children, and dog; hiking, or watching Ohio State football.
To get access to NGPF answer keys, assessments, and teacher-only resources: create a FREE Teacher Account