Scott Rieckens felt something wasn’t right in his life. While he lived in a beautiful corner of the world, and despite he and his wife having fantastic jobs, life just wasn’t what he’d expected. So, he did something that few people do…he actually decided to change. The results? He’s teamed with Emmy Award-winning director Travis Shakespeare and created a documentary called Playing With Fire, which not only chronicles he and his spouse Taylor’s journey toward a better future, but it also explains the concepts behind a movement called FIRE (financial independence/retire early). We’ll talk to the makers of the film about how they created the final product. We’ll preview the concepts Scott and Travis explain in the movie, and finally, we’ll share some details about how and when you may be able to see it yourself.

And in our headlines segment Joe will talk to Meredith Ryan Reid about MetLife’s new study showing that Gen Y women are behind other groups on both their finances and their confidence in the workplace. Meredith will give us some advice and strategies on what to do when you find yourself falling behind.

Later in the show we’ll throw out the Haven Lifeline to Katherine, who has some questions on calculating her net worth. Wouldn’t paying off debt also lower the amount of cash available to you, in turn keeping your net worth the same?

Then, in our letters segment, we’ll field a question from Wendy about what she should be doing with her full service brokerage account. She’s taken some time to learn about commissions and high annual fees. What’s the best plan on moving everything over to a new, low fee account?

Of course, we’ll also make some room for some of Doug’s leprechaun-themed trivia. Just how do leprechauns earn all that gold they hide away at the end of the rainbow?

Thanks to AcreTrader for supporting Stacking Benjamins. Learn more at AcreTrader.com/sb.

Looking for something deeper than what we give you on the show? Three days a week not enough? Subscribe to our weekly newsletter: The Stacker.

Show Notes:

AcreTrader

Thanks to AcreTrader for supporting Stacking Benjamins. Learn more at AcreTrader.com/sb.

Check out AcreTrader

The Stacker

Looking for something deeper than what we give you on the show? Three days a week not enough? Subscribe to our weekly newsletter: The Stacker.

Sign up for The Stacker

<3:36> Headlines

• Hot IPO market has some advisers seeing red (InvestmentNews)
• A big thanks to Meredith Ryan Reid for taking the time to talk to us about MetLife‘s new study. You can see more of the study yourself here: U.S. Employee Benefit Trends Study

<18:28> Scott Rieckens and Travis Shakespeare

• 

• 

Learn more about the Fire Documentary at the film’s site: PlayingWithFire.co

Keep up to date with PlayingWithFire on Twitter: @PlayWithFIRECo

Looking for the Playing With Fire book? Click below:

<49:45> Doug’s Trivia

• According to folklore, what’s a leprechaun’s primary occupation?

<55:33> Haven Life Line

• Katherine wants to know why paying off debt increases your net worth. If you have $10,000 in the bank and $10,000 in debt, wouldn’t your net worth be zero? And if you use the cash to pay off the $10,000, isn’t your net worth still zero?

<62:05> Letter

• Wendy has a substantial amount of cash in a full service Brokerage account. She’s now learned about the high annual fees and wants to move everything to a low fee account like Vanguard or Fidelity. What’s the best strategy she could use?

Join us Wednesday!