Me personally no I wouldn’t have interest in that house in Chula Vista you posted. However, I think the vast majority of retires out there would jump at the chance to live in that house.

But that is part of my argument. A huge percentage of future retires will never have the chance to retire in a house like that in an area as great as San Diego. Yes, lots did pay off their homes but there is a huge disparity in the USA of people in all generations that aren’t adequately prepared for a comfortable retirement.

And I’m in TOTAL agreement with you on the “I want it ALL” attitude of many Gen X and Y of today. Yes, many are living beyond their means. I see it daily and with friends and former college classmates.

I think we can all agree that a HUGE number of people in the future won’t be able to comfortably retire by our definition above without tremendous support from family members or friends.