← Front page

BiggerPockets Money Podcast · Wednesday, July 8, 2026

Early Retirement Strategy: The Power of Starting Investing at 17

Evan Lawler began his retirement investment journey at age 17, with his parents contributing his summer job earnings to a Roth IRA. He credits this early start and compounding growth for a significant head start in his early twenties. He emphasized the importance of balancing current enjoyment with future financial security.

personEvan Lawler

The tape

3 quotes
I started my journey super early. I was extremely lucky that my parents were super into financial literacy, taught me a lot growing up. So we actually opened a custodial IRA, I think at age 16, though my first contribution was at age 17.
Evan Lawler
My dad walked me through all the investment options I had. So I really had a great head start and like you said, the stock market returns have been incredible. So that money compounding over time really gave me a huge head start even going into my early 20s.
Evan Lawler
But what really motivated me back then was doing the math and saying, well, wait a minute. This $10, $20, $30, $40. Do I want $10 now, or do I want hundreds or thousands of dollars when I'm older? And that really contextualized it for me and kind of got me motivated to do it.
Evan Lawler
Heard on BiggerPockets Money Podcast — “Why $500K Is More Important Than $1 Million (Coast FIRE), published Wednesday, July 8, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.05