We are big fans of VR! Starting this year we have several VR/AR kits we are loaning to our school libraries, complete with lesson plans they can use to connect classes with all kinds of great resources.
Sure, it’s fun to play with these. But virtual and augmented reality is playing an increasingly important role in a lot of other areas. We are going to look at a different use each week, so you can work with your community members to help them learn about the great things possible for them today, and tomorrow.
Everyone should be thinking about retirement, and how you are going to get there without a transition into living in a cardboard box. (It’s cold here; that’s a bad outcome!) But it can be tough to really visualize the outcomes of the choices you make.
And we have an article here about Fidelity Investments corporation’s use of VR to help their customers to see and make good choices for themselves in planning for their own retirement!
Using Virtual Reality to Plan
Your Actual Retirement
“Picture this: You are in the country, on a trip through a pleasantly green, rolling landscape dotted with trees. It has a slightly dreamlike quality.
But this is no dream. It’s a visualization of your financial life, in which you work to save for a retirement you hope will come one day. And there are decisions to be made.
Suddenly, you’re stopped: You’re about to receive a tax refund, and a choice emerges: Save the money, or spend it? If you spend it, how will you feel when there’s a market surge, and you miss the gain? Do you regret not investing it instead?
This environment, part of an experiential virtual reality tool, is the latest twist on the traditional retirement calculator. Created by Fidelity Investments, it’s intended to replicate the feeling of market losses — and gains — without any real-life consequences. It comes at a moment when investment companies are paying greater attention to online tools while developing new ways to present retirement concepts visually and provoke more interest in financial planning.”