Read previewIn 2019, at the age of 23, Lauren Simpson and her husband Ian decided to pursue an ambitious goal: retire by age 35.
The rest is from the equity they've built in four properties they've purchased over the last three years: one primary residence and three rental properties.
These properties also provide the couple with rental income that they put toward their savings.
When someone buys a second home or investment property, mortgage lenders often require a downpayment of at least 10%.
In addition to buying investment properties, Simpson said she and Ian have done whatever they can to grow their savings.
Persons:
—, Lauren Simpson, Ian, Simpson, Roth, they've, New Hampshire — Simpson, we've
Organizations:
Service, Business, FIRE, Roth IRA, baseball
Locations:
New Hampshire, Florida, —