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Jackie Cummings Koski is a book author, financial educator, and member of the FIRE movement.[1][2] She reached financial independence at age 46 and retired from her career as a sales manager at LexisNexis at age 49.[3][4] She teaches about financial literacy,[5][6] and now holds a Master's of Science in Personal Financial Planning as well as Certified Financial Planner and Accredited Financial Counselor credentials.[7]
Koski committed herself to achieving financial independence after getting divorced at age 33 and realizing she had much less saved for retirement than her ex-husband.[8] Koski calculated that she needed at least $1 million to become financially independent.[9] By the time she retired, she had $1.3 million.[10]
Koski is African American, and was raised by a single parent and has five siblings.[11] She has noted that, "as I went through college and started my own career, I always had this nagging feeling that I never wanted to be back in poverty again."[9]
Koski maintained a low cost of living in southwestern Ohio.[11] The highest salary she earned during her career was approximately $80,000.[10]
Koski's published books include:
- F.I.R.E. for Dummies (ISBN: 9781394235018)
- Money Letters 2 My Daughter (ISBN: 9780989186032)
References
edit- ^ Jackie Cummings Koski, 2024, retrieved 3 March 2024
- ^ Conroy, B. (3 March 2018). The Feminist Financial Handbook: A Modern Woman's Guide to a Wealthy Life. Mango Media Inc.
- ^ This Single Mom Retired By 50, And Built a $1.3 Million Net Worth While in the FIRE Movement, 2024, retrieved 2 March 2024
- ^ How I Retired Early At 49 With $1.3 Million In Ohio, 8 September 2022, retrieved 2 March 2024
- ^ Divorce inspired this woman to learn about money and she retired early, 2024, retrieved 2 March 2024
- ^ Wealth, A. (3 March 2020). Dream of Legacy: Raising Strong and Financially Secure Black Kids. Dream of Legacy, LLC.
- ^ Jackie Cummings Koski, MSPFP, CFP®, AFC®, 2024, retrieved 2 March 2024
- ^ Divorce inspired this woman to learn about money and she retired early, 2024, retrieved 2 March 2024
- ^ a b Vega, Nicolas (September 8, 2022). "'I have so much more opportunity' now: How a single mom retired at 49 with $1.3 million". CNBC.
- ^ a b 'I have so much more opportunity' now: How a single mom retired at 49 with $1.3 million, 2022, retrieved 2 March 2024
- ^ a b A single mom who retired at 49 with $1.3 million says she took 6 simple steps to reach her goal, 2021, retrieved 2 March 2024