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Team 2
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Teams
Name
Score
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×
seesaw
Swap points!
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×
rocket
Go to first place!
Okay!
×
shark
Other team loses 5 points!
Okay!
×
banana
Go to last place!
Oops!
15
×
What is Barista FIRE?
being able to work part-time
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15
×
If you are pursuing FIRE, you should invest up to ___ % of your income.
10%
50%
20%
70%
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15
×
Save until you have ____ times your yearly expenses.
10
25
5
15
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15
×
If Michael has $900,000 saved and wants to retire, how much can he safely withdraw each year?
$9,000
$36,000
$18,000
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15
×
You should be able to safely withdraw _____ annually for the rest of your life.
40%
4%
14%
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15
×
Before starting FIRE, make sure you pay off all your _____ first
debt
daycare bills
groceries
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×
boom
Lose 50 points!
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×
shark
Other team loses 20 points!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 5 points!
Oops!
15
×
What is one CON of the FIRE movement?
answers will vary
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15
×
If your living expenses are $2,000 per month, how much would you need to save to retire?
24,000
$600,000
50,000
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15
×
Which of the following is NOT a way to speed up FIRE?
have another child
make more money
reduce your living expenses
increase your rate of return on investments
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15
×
What does F.I.R.E stand for?
Financial Independence Retire Early
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15
×
What is one PRO of the FIRE movement?
answers will vary
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×
baam
Lose 25 points!
Oops!
×
seesaw
Swap points!
Okay!
×
shark
Other team loses 20 points!
Okay!
×
baam
Lose 25 points!
Oops!
×
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