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As with all things in life, it’s really hard to generalize. Some people from every generation have it great all of their lives, some don’t, and others do or don’t by lesser or greater degrees.

My parents and many people they knew were living to the max into their 80’s–just as they always had–right up to end–and we’re hoping to follow suit.

Having a solid retirement plan definitely helps make a great lifestyle at 50+ a reality.

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I didn’t write the article, so you’ll have to consult the authors for a definitive answer as to why they feel certain careers will diminish in the future, but they did mention many of the jobs you mentioned as definitely being in demand going forward–so no disagreement there.

Everyone is free to plan their lives as they see fit, based upon whatever criteria they choose. This article simply offers some possible scenarios to consider.

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Agree, prestige is nice, and many people love it, but in this world, the real security basically boils down to seeing seven figures or more on that “bank statement.”

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I remember reading that book also, svelte, and have since read other articles that support the fact that Naisbitt was correct in most all of his predictions–as you mentioned.

Of course, no one knows exactly what the future will bring from this point forward, but there are definitely a lot of strong indicators as to where jobs are ultimately headed. Guess we’ll all just have to wait and see how it all plays out, but, imo, ignoring the signs and signals might prove to be perilous.

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Interesting, flu. Love older cars, and have kept a few, including a couple of Porsche’s.

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My point in posting this particular article was simply to share what I considered to be some interesting information about the possible future of certain jobs. These predictions may or may not prove to be true–but, imo, the article does offer food for thought.

Fortunately, we can all decide for ourselves which path or paths we believe will lead us to our desired destinations in life.

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Thanks for chiming in on this rt. When I first started reading articles like this, I didn’t give the predictions much thought, and passed them off as others have.

Then, as I started seeing more and more predictions like this, I became even more curious about what is really going on, which led me to post this article.

It’s very interesting, and unfortunate that you are already seeing evidence of these predictions firsthand, and I think it should be a wakeup call to a certain degree–especially to those who have younger kids who will be planning careers in the future.

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I was just throwing out some possibilities that I have heard over the years as to “why,” AN, but the bottom line is that job creation in San Diego doesn’t appear to be occurring on the same scale as other locations throughout the country. Hopefully, the “why” can figured out, and something can be done.

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“One more note you might find surprising, just because you won an Oscar does not mean you are rich LOL.
But it does generally mean you can find more work so it does have some cred.”

So true, TS.

My wife, and one of my kids are executives in the business–careers which have been proven to be great for them. Generally speaking, the dealmakers and showrunners do very well, but, other than that, it can definitely be a “here today, gone tomorrow” type of business.

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Historically, San Diego has always scored low in job creation–even at that–it’s better than it used to be. Probably why so many people who grew up here end up having to leave to make their degrees pay off.

With the exception of the Bay Area cities, most of the cities that ranked highest with regard to job creation have a lower cost-of-living and are far more “business friendly”–issues which have long been discussed as barriers to growth here.

Personally, I don’t see those things changing much in the future, but, finding ways to effectively address those issues might provide a starting point for change.

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The reason I posted this article is because it just seems there is more concern about career and retirement security today–far more than in “my day”–(I’m in my 50’s)–since my peers and I have always pretty much considered these things a “slam dunk.”

I agree that most of this may just be hype at this point in time–as has been mentioned–but if I had younger kids (mine are grown)–I’d definitely give the predictions some consideration. Can’t imagine spending years and thousands of dollars getting a degree that doesn’t pay off.

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Although the threat of the mechanical loom is, of course, the most ominous threat to future job security (sorry for such a critical omission) and although these observations were taken from an ancient text in the year 2014, imho, it will still be extremely interesting to watch if and how all of this plays out over time.

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I think most of us on this forum live in pretty idyllic locations as the world goes, for which we can be extremely grateful.

Having checked out the options, we know we can’t duplicate the lifestyle we have in RSF anywhere else–especially since we bought here over 20 years ago.

One huge criteria for us is being about 10 minutes or less from the
beach–something we would never be willing to give up. We do enjoy taking extended vacations elsewhere–but there’s just no place like home.

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[quote=wallers]Yes, I have heard all the same arguments about why SD will be stable from realtors.
But one thing that boggles me a bit is that if that were the case then the 1920’s house that took 90 years or so to get to 400k. In 4 years it hit 600k (minimal to no improvements also all loose estimates)but point is 200k in 4 years and 400k over 90 years. Well… that seems off. Maybe not. But from what I understand (and again don’t know) household income has not had even close to that sort of growth. If everyone was moving here and buying up the place and that is why it is what it is I feel there would be a different historical trend. Not everyone decided to move here in the last 4 years. But again maybe I just see what I want to see.
On the investor fleeing comment from what I see they are still in the game. At least where I am looking. I asked my realtor about a fixer house that just went on. Sold all cash in a few days. Think there is a dumpster outside now waiting for the demo to begin. And this house wasn’t a steal of a deal either. For an investor to make money at the price point they paid they are going to have to ask a sizable price even in this market.[/quote]

Your observation concerning why it has taken so many years for homes in San Diego to appreciate at the current level would, imo, be due to the fact that San Diego was not really “on the map” business-wise until around the 80’s, when, companies “discovered” it in a major way, and the need for housing became greater.

Prior to that, it was predominately, a “Navy town,” and also had some other major employers such as the city and county, General Dynamics, Rohr, Hazard Construction, and others, but nothing on the level we see here today. It has also always been a prime destination for retirees.

Many of the families, like mine, who have been here for decades (we all tried different places in the world, but ended up coming back) also got into real estate development and investment, insurance, and other fields to meet the growing demands of the population as the county grew.

So, what you are experiencing as far as property values go at this point in time is the result of this evolution. Can it be sustained?–will property prices continue to up or down?–as others have said–we can all guess, but I don’t think anyone really knows.

If you plan to be here long-term, and can easily afford the investment, it’s definitely something to consider.

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When life is going well, it is human nature to think everything will be fine–forever. As a society, I think Americans as a whole are, perhaps, the most guilty of this ridiculous mindset, and, unbelievably, many raise their kids to think that way (I know quite a few, and it hasn’t worked out well.) The reality is–everything will be fine–until it isn’t–as many found out during The Great Recession.

Imo, those who financially survive, and even thrive during the inevitable cyclical economic corrections they will encounter throughout their lifetimes–are those who expect the best and plan for the worst. That, of course, means different things to different people, but it is possible to position yourself in that way.

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