[quote=flyer]BG–Very interesting info on your family–good stuff. With what those kids are making, and the lower cost of living where they reside, they should be able to retire early, and transition into something that is less physical as they grow older. It could easily be a win-win for them, if they plan well.
Perhaps they could invest in property, and franchises, etc., along the way. At least they amount to SOMETHING, and are taking responsibility for their own lives.
As I know I’ve mentioned before, I can’t tell you how many friends we have with kids in their 20’s and close to 30, (college-educated or otherwise) who are completely incapable of supporting themselves, and don’t want to do anything because they couldn’t achieve their “dreams.” Sadly, I think this scenario may only become more prevalent going forward.[/quote]
Yes, flyer, long-haul trucking is BIG in this region. As you may be aware, I-20 and I-40 (coast to coast) are MAJOR truck routes (I-40 being the busiest in the nation with I-80 a close second).
There are SO MANY jobs in rural “flyover” America that pay well. And these states are heavily populated by very tired boomers, WWII Gen and the remaining remnants of the Greatest Gen (sr citizens). Why? Because hundreds of thousands of Gen X/Y have migrated to colleges on the coasts, become established and NEVER CAME BACK HOME! Surprisingly, a large percentage of the “seniors” in “flyover country” are still working and would like to “retire” but there is no one in the pipeline for miles around to take their places! They paid their houses (and rental properties) off at least 20 years ago!
I’ve had SEVERAL relatives who worked FT in their 70’s until they suddenly felt too sick …. and then died within hours or days or being admitted to the hospital … including my own workaholic dad …
Where ARE all of these strapping 20-somethings? If they are racking up student loan debt while battling the “system” (ex. CA UC/CSU) to get needed classes to “graduate,” they may be wasting their time and (needlessly) mortgaging away their young lives with student loan debt in order to remain in their coastal CA “college town of choice” for as long as it takes to graduate.
Folks, the “flyover states” are beckoning your presence. Contrary to the belief of “flyover state residents” that Cali will eventually be an island in the Pacific, take it from me, the Golden State is truly not going anywhere. It will all be here when you come back 🙂
As a young Cali native, you can always return after making your “requisite $500K.” Last time I looked, it was a “free country.” :=]