Home › Forums › Closed Forums › Properties or Areas › If you had 4 young kids, $2M, and wanted an acre…
- This topic has 52 replies, 27 voices, and was last updated 11 years, 6 months ago by flyer.
-
AuthorPosts
-
October 25, 2012 at 9:05 AM #753181October 25, 2012 at 10:08 AM #753182scaredyclassicParticipant
also keep in mind. 4 young kids tuition could be 750k in 20 y at uc.
buy a house for a million. put a million aside for school…
October 25, 2012 at 2:52 PM #753204earlyretirementParticipant[quote=squat250]also keep in mind. 4 young kids tuition could be 750k in 20 y at uc.
buy a house for a million. put a million aside for school…[/quote]
Yep. I have two young kids and I’m budgeting half a million bucks + for their college tuition by the time they enter college. Sad to think about spending that kind of money on a college education.
I self financed college through working and college loans. I wouldn’t wish that on anyone let alone my kids.
October 25, 2012 at 3:22 PM #753205flyerParticipantI’m sure they’ve also considered the millions they may need for retirement, healthcare, and to help their kids buy houses, and, and, and.
As many have said–it’s all relative. For us, several million will go a long way–others need tens of millions.
In the end, none of us can take it with us, so we might as well enjoy it while we’re here–then pass it on. We have very strong spiritual beliefs, so we realize we’re just passing through anyway.
October 25, 2012 at 4:58 PM #753207jstoeszParticipantHave you thought of the central coast? San luis obispo feels like how California should be. Friendly, stress free with beauty and an abundance of recreation. It doesn’t have the uppity so cal vibe of santa barbara. Also, better weather than anywhere in San Diego. You could also buy much more than two acres, and they may even come with vines. There is no finer place in the country, I am convinced of it.
October 25, 2012 at 5:35 PM #753209bearishgurlParticipant[quote=jstoesz]Have you thought of the central coast? San luis obispo feels like how California should be. Friendly, stress free with beauty and an abundance of recreation. It doesn’t have the uppity so cal vibe of santa barbara. Also, better weather than anywhere in San Diego. You could also buy much more than two acres, and they may even come with vines. There is no finer place in the country, I am convinced of it.[/quote]
Good suggestion jstoesz. I thought of that area as well. Outside of SLO, I’m fairly certain one can raise chickens and other farm animals, as well.
Kishy (if you ever check back in), the beaches outside of SLO (Pismo/Avila Beach) are VERY “low key” compared to more urban parts of CA.
jstoesz, just an FYI that it’s almost ski season again! I hope you’re able to find a little sledding hill in MN to amuse yourself with! You might have to end up using your plane tix for Reno … just to get the same fix you drove <45 mins for last season :=0
October 25, 2012 at 10:09 PM #753214AnonymousGuestI would strongly consider you taking a look at Carpinteria. Large lots available, rural vibe, and much less congested relative to SD. Does not have the SB, “let me check on my trust fund balance” attitude. The public schools are not top tier, but there are many excellent private ones to choose from. Montecito is also nice, but uber-expensive and has been invaded by Hollywood the last ten years.
October 25, 2012 at 10:52 PM #753216flyerParticipantCalabasas–near Malibu, and Morro Bay on the Central Coast–are also great. Have family in both locations, and visit often.
-
AuthorPosts
- The forum ‘Properties or Areas’ is closed to new topics and replies.