Summary: In today's podcast we discuss Episode 39 with Gwen from Fiery Millennials, plus a 'Cruise Control Path to FI' case study example and voicemails from our community members.<br> <br> In Today’s Podcast we cover:<br> <br> * The Friday Roundup after Episode 39 with Gwen from Fiery Millennials<br> * A whole new FI world for Brad and Laura after their youngest daughter went to kindergarten<br> * They have the opportunity to live more of a FI lifestyle and have to now figure out what that looks like<br> * Second Generation FI and examples of Brad’s kids exhibiting their behaviors<br> * ChooseFI is an opportunity for Brad and Jonathan to share these stories with their kids and also document their FI paths<br> * Gwen’s lightbulb moment she had during college and how that changed her trajectory<br> * How intelligent Gwen was with her college decision and pursuing a full scholarship<br> * Brad should have focused his own college search on places where he could have gotten a full merit scholarship<br> * The concept of the ‘cruise control path to FI’<br> * Second Generation FI Case study example of how savings would work maxing out their 401k from 22 to 32<br> * The value of compounding over decades<br> * The importance of starting to save early and the concept of time as a Pillar of FI<br> * The ability to put money into your kid’s Roth IRAs even if they are under 18. We need to do more research on this to document what’s allowed<br> * Example of putting $5,500 into a Roth IRA for a five year stretch from 13 to 18 and what it would be worth at age 60<br> * Jonathan’s example of contributing to a 401k from 32 to 60<br> * You have to get started and take action today, even if you’ve made the “wrong” decisions in the past<br> * Gwen’s desire to build up the FI community is incredibly impressive<br> * Announcement of the last three finalists for the PopUp Business School competition with Alan Donegan<br> * Voicemails from the three finalists<br> * Voicemail from Justin about the career path of an air traffic controller as a path to FI making significant money without a college degree<br> * Itunes book giveaways<br> <br> Links from the show:<br> <br> * <a href="http://www.fierymillennials.com/" target="_blank" rel="noopener">Fiery Millennials</a><br> * <a href="http://www.gocurrycracker.com/" target="_blank" rel="noopener">Go Curry Cracker</a><br> * <a href="http://wealthyaccountant.com/" target="_blank" rel="noopener">The Wealthy Accountant</a><br> * <a href="http://www.popupbusinessschool.co.uk/" target="_blank" rel="noopener">PopUp Business School</a><br> * <a href="https://www.usajobs.gov/" target="_blank" rel="noopener">USAJobs.gov</a><br>
