Invest Retirement

HerMoney Podcast: Ring The Alarm! We’re Talking FIRE (Episode 145)

Kelly Hultgren  |  January 23, 2019

Only you can prevent running out of money in retirement. OK, we’ll cool it with the fire and Smokey The Bear puns.

This savings crisis is one we’ve covered before, but this week we’re discussing what thousands of people are calling the solution: The FIRE (Financial Independence Retire Early) Movement. Our two experts, Jonathan Mendonsa and Brad Barrett, co-hosts of the ChooseFi podcast, explain what it is, its “simple math” and why it’s so popular: “You know, I think all of us kind of understand the golden years are the years that you’re allowed to do everything that you’ve really wanted,” says Jonathan. “Now society has given you the permission to go do that … I don’t just want my golden years right—I want my best years.” Then, in Mailbag, we answer your questions on how college students can start investing and building credit when they have none. Plus, there’s another gap—not in our favor—we can add to the list: the stress gap. Sigh, and talk solutions with us in Thrive.

PLUS: “5 Things to Take Away From the FIRE Movement

This podcast is proudly supported by Fidelity Investments. Life is full of big moments—both the planned and the unexpected. Fidelity can help you navigate both with confidence. Learn more at Fidelity Brokerage Services LLC Member NYSE, SIPC.

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