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flyer
ParticipantWe have friends who lived there years ago and loved the area, then turned their homes into rentals when they moved on.
There are many nice areas in Clairemont, but, it seems that you now have to search a little harder to find them. If its your chosen destination, I’d say it’s well worth spending the time searching.
As far as arguing about which area of town is
best–I really think it boils down to your chosen lifestyle.Some of us prefer a quiet country-setting near the ocean that is still close to everything we need and want, others enjoy being in the center of a a busy area for work, school and convenience. One person wants one school district, another wants another school district, and on and on and on.
In my opinion, if you have the life YOU and YOUR family want, it really doesn’t matter what anyone else has or does. We’ve always been grateful that we got exactly what we wanted, and we hope everyone else does too!!
June 2, 2012 at 12:32 AM in reply to: How are people dumber than us going to make out with their 401(k)s? #744825ParticipantActually, BG, I was really making a general comment based upon what I’ve seen friends and acquaintances experience, and believe me, you are not alone.
Quite a few people I’ve known who thought they had life all figured out have experienced things like extremely unexpected job losses around the age of 50, health issues, problems with kids that they never saw coming, etc., etc.
These are good people who, in their 30’s and 40’s thought they had life locked and loaded. Then, they had some bad things happen, and these issues did truly effect their lives in a very catastrophic way.
My real point was, that even when we think we have everything all figured out, life can change on dime, and forever alter our best laid plans.
Our family has gone through plenty of challenges in our lives, and by the Grace of God have still been blessed, and we truly wish the same blessings for you.
June 2, 2012 at 12:28 AM in reply to: My next door neighbor was a cop, still under 60, been retired for more than 5 yrs #744829ParticipantBrian, you are so right.
My peers and I happened to get in and get out of a very cushy job at just the right time. Many of us knew what we wanted to do while we were still in high school.
During college, we logged the required flying time, and, when we graduated, were immediately hired by the airlines for a job with (literally) stratospheric opportunities. Sadly, as you mentioned, for young pilots today, it is a very different story.
There will be huge consolidations in the industry to compensate for skyrocketing costs and a shrinking labor pool of qualified applicants, which, in the end, will mean less competition and rising costs for the consumer. It will definitely be interesting to see how it all plays out.
June 1, 2012 at 10:57 PM in reply to: My next door neighbor was a cop, still under 60, been retired for more than 5 yrs #744820ParticipantStandard of living in retirement also has a lot to do with calculating how much one will need. We have a high standard of living, but with our home in RSF paid off, all medical paid, free travel, and other benefits we’ve accrued, we’ll actually be able to maintain our chosen standard of living at a very low cost, and we won’t be touching our retirement funds until we’re in our 60’s.
Everyone has a different concept of how they want to live in retirement. When someone says they can easily live on a certain dollar amount in retirement that’s great, as long as they are living the way they really want to live. To me, living your dreams is what retirement is really all about. That–and providing for your family for generations to come.
June 1, 2012 at 4:12 PM in reply to: My next door neighbor was a cop, still under 60, been retired for more than 5 yrs #744802ParticipantAs I mentioned on another thread, we have always planned for the worst and hoped for the best, with lots of investment properties, maxing out all pensions, investments and savings opportunities, as well continuing to work as aviation consultants–even after we recently retired from the airlines in our 50’s. We reached our goals long ago, but continue to remain vigilent.
I’ve seen loads of friends plan their retirement’s for a lifetime, only to lose it all in one way or another. So, if one is lucky enough to make it to their chosen retirement age–whenever that may be–they should consider themselves fortunate.
June 1, 2012 at 3:42 PM in reply to: How are people dumber than us going to make out with their 401(k)s? #744796ParticipantAs an early airline pilot “retiree” who is still working as an aviation consultant, I agree with just about everything that has been mentioned here. There are as many variations on this theme as there are people.
I believe you really have to plan for the worst and hope for the best, so we’ve put our eggs in quite a few baskets. We are in our 50’s, and are still working at things we enjoy, we have lots of investment properties, investments, and are maxed out all savings opportunities, etc., etc.
I’ve watched friends with all of the best laid retirement plans made throughout their lifetimes lose it all in one way or another. So, if one is lucky enough to make it to retirement–whenever that may be for them–and lucky enough to have the health and means to enjoy it when they get there, they should consider themselves very fortunate.
ParticipantCompletely aware of the stats, but I will proceed as planned to provide for their futures, and enjoy whatever time we have left with my wonderful family!
ParticipantSince “A population of debtors skating at the edge of disaster,” seems to be a very probable reality for our society in future years, all the more reason to make sure one has provided in all possible ways for one’s immediate and extended family.
My feeling is, that since I can’t control the actions of others who have brought us to this point in our history, I can use all of my extensive resources to make sure all of my family will be well taken care of in the near and distant future, so they can enjoy their lives to the greatest extent possible. For me, this is the greatest gift I can give them.
Eventually, and, may I say, sadly, it may come to every person for him or herself.
ParticipantThe excellent comments regarding why the OP might want to consider Santaluz are exactly why our friends have pretty much narrowed it down to that location. The “West of I-15” thing is also a big factor for them.
I agree that Santaluz is probably a much better choice than RSF for a young family. When we settled into RSF there was no Santaluz, so it was the best option for us, since we wanted a lot of space not far from the ocean. In retrospect, the home in RSF proved to be a real bargain, when compared to today’s real estate pricing.
Also, our kids were into horses, and we are all into golf and tennis among other things, so it was a perfect fit. The kids had lots of friends, but it was a lot more effort to get them to and from all of their activities–more so than it would be in Santaluz. Also, if one is into boating or flying, as we are, access to the freeways to get to those destinations is great from Santaluz or RSF.
When you have a choice, as the OP does, it all boils down to preferred lifestyle, and I think everyone has shared with him a great range of choices from which to make his decision.
ParticipantImpressive article.
As someone with older kids who are in their late 20’s, I’m glad to hear some of the younger people are willing to do whatever it takes to get their finances under control, and plan for their future.
If I’m not mistaken, the subject of the Harvard Blog lives in Texas, and, if so, the low cost of living there was, no doubt, a contributing factor to his successful financial plan.
Our kids were never interested in leaving CA, (one went to NYC for awhile, but is now back), and, thankfully, they have been able to succeed financially in the state they love, but many of their friends have left for lower-cost-of-living locations out of necessity.
I think it’s great that many young people are willing to do whatever they need to do in order succeed. As the OP mentioned, it appears lessons have been learned.
ParticipantAlthough most points have been well covered, just thought I’d add my two cents.
Some friends of ours recently started looking for a home in San Diego with similar specs as the OP.
After considering Carmel Valley, locations East of I-15, Santa Fe Valley–near 4S, Del Sur, etc., etc., they decided on Santaluz.
As many here have mentioned, HOA and MR are high, but they wanted a larger lot, West of I-15, but East of the “Sun-Line,” (that’s why we love living in Rancho Santa Fe), so you might want to at least check out that option as well.
One resource you might consider to get a feel for what’s available and pricing in this general area, is sdlookup.com. Santaluz is in the 92127 zip code, and you can also check out other zip codes in which you might be interested.
We’ve lived many places in the world, but San Diego has always been “home.” I know you and your family will enjoy living here–Welcome!
ParticipantAlong with The Marine Room, we also like The Shores Restaurant–theshoresrestaurant.com–near The La Jolla Beach & Tennis Club.
ParticipantThanks for posting this along with your thoughts ctr 70–my sentiments exactly!
This phony “entitlement society” in which we now live is disgusting on many levels, and it seems to be extremely prevalent in CA–and I’m saying that as a native.
Sadly, for those who buy into living beyond their means–which, in many cases, is what really put them where they are–there will come a day when it will all be over. You just can’t live a lie forever–as many are learning the hard way.
ParticipantNet worth discussions like this are very interesting–especially when the stats reveal that about 95% of US households are relatively clueless concerning the realities of how much they will need to comfortably retire.
As UCGal mentioned, and as the OP noted, I agree that having around $2M saved, or a comparable pension, etc., from around age 60 on should work out for most people. $2M for someone who wants to retire at 40 would most likely fall short, but, we’re hoping maintaining $2M (not inherited, and not including real estate) till we’re 60 (we’re now 54) will do it for us. After that, the only concern for all of us will be having the health and longevity to continue to enjoy our lives!
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