Wondering how to retire early? Today we talk to Kirsten, a new graduate who has a great job, low expenses, and a plan to house-hack so she can start building serious wealth! Kirsten is wondering whether or not she should pause her retirement contributions so she can save more for her down payment.

While this may seem counterintuitive, pausing retirement contributions isn’t always a bad thing. This is especially true if you’re trying to do something that will radically change your income or lower your expenses, allowing you to invest more into retirement later on.

This episode runs through house hacking, retirement contributions, FHA rules for owner-occupied loans, how to graduate with no debt, and when the best time to have a “money date” is. It doesn’t matter if you’re in your early 20s or mid-40s, these principles are key to having a financially successful life!

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Join the BiggerPockets Money Facebook Group:
https://www.facebook.com/groups/bpmoney
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Get Tickets to BPCon 2021:
https://www.bpcon2021.com/
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HSA: The Ultimate Retirement Account 👇
https://www.madfientist.com/ultimate-retirement-account/
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Scott’s House Hack vs. Buy SFR vs. Rent Spreadsheet
https://www.biggerpockets.com/files/user/ScottTrench/file/house-hack-vs-buy-sfr-vs-rent
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The Money Date: What You Should (And Definitely Should Not) Do to Align Your Finances as a Couple:
https://www.biggerpockets.com/blog/biggerpockets-money-podcast-157-scott-mindy
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Hacking Your Life to Live for (Almost) Free with Craig Curelop
https://www.biggerpockets.com/blog/biggerpockets-money-podcast-35hacking-life-live-almostfree-craig-curelop
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Follow Scott and Mindy on Instagram:
@scott_trench or https://www.instagram.com/scott_trench/
@mindyatbp or https://www.instagram.com/mindyatbp/

Episode #212

Show notes at: https://www.biggerpockets.com/moneyshow212