[ice9]

[quote]
First off, you cant liquidate your 401k without a penalty until you are 65.
[/quote]

Indeed, I wouldn’t plan on taking anything out of the 401K with a penalty.

[quote]
Second, 650k in stock, I’m assuming you would have to pay taxes on gain. So it’s not really 650k, not to mention that if you relocate to CA, you would be paying extra taxes on that.
[/quote]

This is true (well kinda, I have lots of losses to offset future gains), but assuming the current tax rates on capital gains are permanent, the tax rate is 5% for the lowest two income brackets (which the gains would fall under for me).

[quote]
Third, 100k equity…Unless you plan on selling or unless you can cash flow, you won’t be able to touch this either.
[/quote]

I would be selling, and probably downsizing to a house so I wouldn’t need 100K for a 20% down. But true, a good chunk of that would be deployed into a down payment on a new home.

[quote]
Fourth: 50k cash isn’t nearly enough of a cash reserve if you are going to be “retired”.
[/quote]

I generally don’t like much in cash, since it’s not earning anything.

[quote]
[quote]
* if my income is mostly dividends, I’ll pay no federal tax. State tax isn’t too bad, as my income will not be high.
[/quote]

Um… That isn’t true…Either that, or you have a very creative accountant.
[/quote]

Qualified dividends are taxed at 0% in the lowest two tax brackets.

http://en.wikipedia.org/wiki/Dividend_tax

[quote]
[quote]
Number Children: 1 (< 1 year old) [/quote] Do you have any idea how much it's going to cost you to raise your child from 1 year to sending him/her to college? Sorry, but the numbers don't seem to add up here in CA especially because (a) your age (b) the age of your family (just starting out) (c) your home expenses (you don't own your home outright and you will either have to rent or buy in CA). (d) your medical expenses moving forward with you + spouse + kid Perhaps, the question you should ask folks here is how much you think you need to have to retire in CA at 39, married, with one kid...[/quote] Fair enough... so how much?

[ice9]

[quote]
First off, you cant liquidate your 401k without a penalty until you are 65.
[/quote]

Indeed, I wouldn’t plan on taking anything out of the 401K with a penalty.

[quote]
Second, 650k in stock, I’m assuming you would have to pay taxes on gain. So it’s not really 650k, not to mention that if you relocate to CA, you would be paying extra taxes on that.
[/quote]

This is true (well kinda, I have lots of losses to offset future gains), but assuming the current tax rates on capital gains are permanent, the tax rate is 5% for the lowest two income brackets (which the gains would fall under for me).

[quote]
Third, 100k equity…Unless you plan on selling or unless you can cash flow, you won’t be able to touch this either.
[/quote]

I would be selling, and probably downsizing to a house so I wouldn’t need 100K for a 20% down. But true, a good chunk of that would be deployed into a down payment on a new home.

[quote]
Fourth: 50k cash isn’t nearly enough of a cash reserve if you are going to be “retired”.
[/quote]

I generally don’t like much in cash, since it’s not earning anything.

[quote]
[quote]
* if my income is mostly dividends, I’ll pay no federal tax. State tax isn’t too bad, as my income will not be high.
[/quote]

Um… That isn’t true…Either that, or you have a very creative accountant.
[/quote]

Qualified dividends are taxed at 0% in the lowest two tax brackets.

http://en.wikipedia.org/wiki/Dividend_tax

[quote]
[quote]
Number Children: 1 (< 1 year old) [/quote] Do you have any idea how much it's going to cost you to raise your child from 1 year to sending him/her to college? Sorry, but the numbers don't seem to add up here in CA especially because (a) your age (b) the age of your family (just starting out) (c) your home expenses (you don't own your home outright and you will either have to rent or buy in CA). (d) your medical expenses moving forward with you + spouse + kid Perhaps, the question you should ask folks here is how much you think you need to have to retire in CA at 39, married, with one kid...[/quote] Fair enough... so how much?

[ice9]

[quote]
First off, you cant liquidate your 401k without a penalty until you are 65.
[/quote]

Indeed, I wouldn’t plan on taking anything out of the 401K with a penalty.

[quote]
Second, 650k in stock, I’m assuming you would have to pay taxes on gain. So it’s not really 650k, not to mention that if you relocate to CA, you would be paying extra taxes on that.
[/quote]

This is true (well kinda, I have lots of losses to offset future gains), but assuming the current tax rates on capital gains are permanent, the tax rate is 5% for the lowest two income brackets (which the gains would fall under for me).

[quote]
Third, 100k equity…Unless you plan on selling or unless you can cash flow, you won’t be able to touch this either.
[/quote]

I would be selling, and probably downsizing to a house so I wouldn’t need 100K for a 20% down. But true, a good chunk of that would be deployed into a down payment on a new home.

[quote]
Fourth: 50k cash isn’t nearly enough of a cash reserve if you are going to be “retired”.
[/quote]

I generally don’t like much in cash, since it’s not earning anything.

[quote]
[quote]
* if my income is mostly dividends, I’ll pay no federal tax. State tax isn’t too bad, as my income will not be high.
[/quote]

Um… That isn’t true…Either that, or you have a very creative accountant.
[/quote]

Qualified dividends are taxed at 0% in the lowest two tax brackets.

http://en.wikipedia.org/wiki/Dividend_tax

[quote]
[quote]
Number Children: 1 (< 1 year old) [/quote] Do you have any idea how much it's going to cost you to raise your child from 1 year to sending him/her to college? Sorry, but the numbers don't seem to add up here in CA especially because (a) your age (b) the age of your family (just starting out) (c) your home expenses (you don't own your home outright and you will either have to rent or buy in CA). (d) your medical expenses moving forward with you + spouse + kid Perhaps, the question you should ask folks here is how much you think you need to have to retire in CA at 39, married, with one kid...[/quote] Fair enough... so how much?

[ice9]

[quote]
First off, you cant liquidate your 401k without a penalty until you are 65.
[/quote]

Indeed, I wouldn’t plan on taking anything out of the 401K with a penalty.

[quote]
Second, 650k in stock, I’m assuming you would have to pay taxes on gain. So it’s not really 650k, not to mention that if you relocate to CA, you would be paying extra taxes on that.
[/quote]

This is true (well kinda, I have lots of losses to offset future gains), but assuming the current tax rates on capital gains are permanent, the tax rate is 5% for the lowest two income brackets (which the gains would fall under for me).

[quote]
Third, 100k equity…Unless you plan on selling or unless you can cash flow, you won’t be able to touch this either.
[/quote]

I would be selling, and probably downsizing to a house so I wouldn’t need 100K for a 20% down. But true, a good chunk of that would be deployed into a down payment on a new home.

[quote]
Fourth: 50k cash isn’t nearly enough of a cash reserve if you are going to be “retired”.
[/quote]

I generally don’t like much in cash, since it’s not earning anything.

[quote]
[quote]
* if my income is mostly dividends, I’ll pay no federal tax. State tax isn’t too bad, as my income will not be high.
[/quote]

Um… That isn’t true…Either that, or you have a very creative accountant.
[/quote]

Qualified dividends are taxed at 0% in the lowest two tax brackets.

http://en.wikipedia.org/wiki/Dividend_tax

[quote]
[quote]
Number Children: 1 (< 1 year old) [/quote] Do you have any idea how much it's going to cost you to raise your child from 1 year to sending him/her to college? Sorry, but the numbers don't seem to add up here in CA especially because (a) your age (b) the age of your family (just starting out) (c) your home expenses (you don't own your home outright and you will either have to rent or buy in CA). (d) your medical expenses moving forward with you + spouse + kid Perhaps, the question you should ask folks here is how much you think you need to have to retire in CA at 39, married, with one kid...[/quote] Fair enough... so how much?

[ice9]

[quote]
First off, you cant liquidate your 401k without a penalty until you are 65.
[/quote]

Indeed, I wouldn’t plan on taking anything out of the 401K with a penalty.

[quote]
Second, 650k in stock, I’m assuming you would have to pay taxes on gain. So it’s not really 650k, not to mention that if you relocate to CA, you would be paying extra taxes on that.
[/quote]

This is true (well kinda, I have lots of losses to offset future gains), but assuming the current tax rates on capital gains are permanent, the tax rate is 5% for the lowest two income brackets (which the gains would fall under for me).

[quote]
Third, 100k equity…Unless you plan on selling or unless you can cash flow, you won’t be able to touch this either.
[/quote]

I would be selling, and probably downsizing to a house so I wouldn’t need 100K for a 20% down. But true, a good chunk of that would be deployed into a down payment on a new home.

[quote]
Fourth: 50k cash isn’t nearly enough of a cash reserve if you are going to be “retired”.
[/quote]

I generally don’t like much in cash, since it’s not earning anything.

[quote]
[quote]
* if my income is mostly dividends, I’ll pay no federal tax. State tax isn’t too bad, as my income will not be high.
[/quote]

Um… That isn’t true…Either that, or you have a very creative accountant.
[/quote]

Qualified dividends are taxed at 0% in the lowest two tax brackets.

http://en.wikipedia.org/wiki/Dividend_tax

[quote]
[quote]
Number Children: 1 (< 1 year old) [/quote] Do you have any idea how much it's going to cost you to raise your child from 1 year to sending him/her to college? Sorry, but the numbers don't seem to add up here in CA especially because (a) your age (b) the age of your family (just starting out) (c) your home expenses (you don't own your home outright and you will either have to rent or buy in CA). (d) your medical expenses moving forward with you + spouse + kid Perhaps, the question you should ask folks here is how much you think you need to have to retire in CA at 39, married, with one kid...[/quote] Fair enough... so how much?

[ice9]

The tennis court is nice, since I’d really like to play tennis year round. I’m currently in Austin, TX.

Might be better to just find a place with nice courts nearby.

[ice9]

The tennis court is nice, since I’d really like to play tennis year round. I’m currently in Austin, TX.

Might be better to just find a place with nice courts nearby.

[ice9]

The tennis court is nice, since I’d really like to play tennis year round. I’m currently in Austin, TX.

Might be better to just find a place with nice courts nearby.

[ice9]

The tennis court is nice, since I’d really like to play tennis year round. I’m currently in Austin, TX.

Might be better to just find a place with nice courts nearby.

[ice9]

The tennis court is nice, since I’d really like to play tennis year round. I’m currently in Austin, TX.

Might be better to just find a place with nice courts nearby.

[ice9]

[quote=eclipxe][quote=eclipxe][quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)[/quote]

Ok, sorry I have to give it a try.

Temecula is a good choice. 2500 sq ft, new construction $100 sqft. Boom.

Access to good hiking and trails, lot’s of outdoor space, nature – yes. You will love it.

You will not be able to experience a lot of things without a private car, but this city is a dream to bike in. Bike lanes and trails through a lot of the city. There is a trail that goes through Murrieta, by CHS high school, Harveston, by the mall and out to Winchester. It is next to a ravine and a nice, well paved ride. You can get to any type of service you need in a few minutes by bike along this trail, without having to deal with the bike lanes on the road (which aren’t bad).

A cab will suffice to get to further locations (Old Town, etc). Living in central or northern Temecula is best if cycling access is desired.

A rental car to the beach a couple of times a month or to go to SD or LA is a fair option. I’m also a software guy that works at home in Temecula and I rarely drive. Like you said – Amazon is our friend. Vons delivers (they even take the bags in for you).

I think I understand exactly the kind of lifestyle you desire and I’m here to say Temecula fits that. Peaceful, quiet, nature but with enough access to the beach and cities to keep you sane. The folks suggesting Hillcrest, Mission Hills or Downtown don’t really “get it”.[/quote]

Thanks for this information!

If you were female, I’d ask you to marry me.

[ice9]

[quote=eclipxe][quote=eclipxe][quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)[/quote]

Ok, sorry I have to give it a try.

Temecula is a good choice. 2500 sq ft, new construction $100 sqft. Boom.

Access to good hiking and trails, lot’s of outdoor space, nature – yes. You will love it.

You will not be able to experience a lot of things without a private car, but this city is a dream to bike in. Bike lanes and trails through a lot of the city. There is a trail that goes through Murrieta, by CHS high school, Harveston, by the mall and out to Winchester. It is next to a ravine and a nice, well paved ride. You can get to any type of service you need in a few minutes by bike along this trail, without having to deal with the bike lanes on the road (which aren’t bad).

A cab will suffice to get to further locations (Old Town, etc). Living in central or northern Temecula is best if cycling access is desired.

A rental car to the beach a couple of times a month or to go to SD or LA is a fair option. I’m also a software guy that works at home in Temecula and I rarely drive. Like you said – Amazon is our friend. Vons delivers (they even take the bags in for you).

I think I understand exactly the kind of lifestyle you desire and I’m here to say Temecula fits that. Peaceful, quiet, nature but with enough access to the beach and cities to keep you sane. The folks suggesting Hillcrest, Mission Hills or Downtown don’t really “get it”.[/quote]

Thanks for this information!

If you were female, I’d ask you to marry me.

[ice9]

[quote=eclipxe][quote=eclipxe][quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)[/quote]

Ok, sorry I have to give it a try.

Temecula is a good choice. 2500 sq ft, new construction $100 sqft. Boom.

Access to good hiking and trails, lot’s of outdoor space, nature – yes. You will love it.

You will not be able to experience a lot of things without a private car, but this city is a dream to bike in. Bike lanes and trails through a lot of the city. There is a trail that goes through Murrieta, by CHS high school, Harveston, by the mall and out to Winchester. It is next to a ravine and a nice, well paved ride. You can get to any type of service you need in a few minutes by bike along this trail, without having to deal with the bike lanes on the road (which aren’t bad).

A cab will suffice to get to further locations (Old Town, etc). Living in central or northern Temecula is best if cycling access is desired.

A rental car to the beach a couple of times a month or to go to SD or LA is a fair option. I’m also a software guy that works at home in Temecula and I rarely drive. Like you said – Amazon is our friend. Vons delivers (they even take the bags in for you).

I think I understand exactly the kind of lifestyle you desire and I’m here to say Temecula fits that. Peaceful, quiet, nature but with enough access to the beach and cities to keep you sane. The folks suggesting Hillcrest, Mission Hills or Downtown don’t really “get it”.[/quote]

Thanks for this information!

If you were female, I’d ask you to marry me.

[ice9]

[quote=eclipxe][quote=eclipxe][quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)[/quote]

Ok, sorry I have to give it a try.

Temecula is a good choice. 2500 sq ft, new construction $100 sqft. Boom.

Access to good hiking and trails, lot’s of outdoor space, nature – yes. You will love it.

You will not be able to experience a lot of things without a private car, but this city is a dream to bike in. Bike lanes and trails through a lot of the city. There is a trail that goes through Murrieta, by CHS high school, Harveston, by the mall and out to Winchester. It is next to a ravine and a nice, well paved ride. You can get to any type of service you need in a few minutes by bike along this trail, without having to deal with the bike lanes on the road (which aren’t bad).

A cab will suffice to get to further locations (Old Town, etc). Living in central or northern Temecula is best if cycling access is desired.

A rental car to the beach a couple of times a month or to go to SD or LA is a fair option. I’m also a software guy that works at home in Temecula and I rarely drive. Like you said – Amazon is our friend. Vons delivers (they even take the bags in for you).

I think I understand exactly the kind of lifestyle you desire and I’m here to say Temecula fits that. Peaceful, quiet, nature but with enough access to the beach and cities to keep you sane. The folks suggesting Hillcrest, Mission Hills or Downtown don’t really “get it”.[/quote]

Thanks for this information!

If you were female, I’d ask you to marry me.

[ice9]

[quote=eclipxe][quote=eclipxe][quote=patientlywaiting]I would much rather live in Oceanside than Temecula if lower cost of housing is the consideration. The weather and location are better, especially for a single semi-retired person.
[/quote]

I wouldn’t.

So there.

(Sorry tg, too tired to defend properly. My deepest apologies)[/quote]

Ok, sorry I have to give it a try.

Temecula is a good choice. 2500 sq ft, new construction $100 sqft. Boom.

Access to good hiking and trails, lot’s of outdoor space, nature – yes. You will love it.

You will not be able to experience a lot of things without a private car, but this city is a dream to bike in. Bike lanes and trails through a lot of the city. There is a trail that goes through Murrieta, by CHS high school, Harveston, by the mall and out to Winchester. It is next to a ravine and a nice, well paved ride. You can get to any type of service you need in a few minutes by bike along this trail, without having to deal with the bike lanes on the road (which aren’t bad).

A cab will suffice to get to further locations (Old Town, etc). Living in central or northern Temecula is best if cycling access is desired.

A rental car to the beach a couple of times a month or to go to SD or LA is a fair option. I’m also a software guy that works at home in Temecula and I rarely drive. Like you said – Amazon is our friend. Vons delivers (they even take the bags in for you).

I think I understand exactly the kind of lifestyle you desire and I’m here to say Temecula fits that. Peaceful, quiet, nature but with enough access to the beach and cities to keep you sane. The folks suggesting Hillcrest, Mission Hills or Downtown don’t really “get it”.[/quote]

Thanks for this information!

If you were female, I’d ask you to marry me.

[Author]

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