A Financial Plan to Share with Your Grandchildren

Rent or Buy? This couple figured out how to retire early

Here's a guy who paid high rent throughout his career but figured out how to own his home with no mortgage once he retired. Tim Tamminga shared his "how to retire early" strategy with CNNMoney.

House 002And it's not like it's a big secret. Even though he paid high rent, once he retired he and his wife moved to a community where costs are much lower, buying a home for cash in a neighborhood he describes as nicer than the one where they lived before.

Of course, you can only do that if you've got the money, and he did, following a strategy that sounds very much like the one we share in Secret Wealth.

Check out his story on CNNMoney.

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