Home > Retirement Dreams

Retirement Dreams

January 17th, 2011 at 07:18 pm

One of my retirement dreams is to live someplace pretty. South Lake Tahoe, California is one of my favorite spots to consider. So yesterday I was browsing, and found some nice level lots on city streets in the 30k range. If I had not bought my house, I could now pay cash for such a lot and a prefab kit, and would only lack the funds for the labor to put it together. Instead, I have a 183k mortgage. Sigh.

The next time real estate is hot, I intend to sell my house, bank the money, and rent a little place until I am ready to buy my final home. I expect that time is a decade or so away, so a studio apt should suit me fine at that time. Then I will have to wait for the market to cool, so that level lots in South Lake Tahoe are back in my price range again.

2 Responses to “Retirement Dreams”

  1. Homebody Says:

    I agree, beautiful area, maybe the Nevada side is cheaper and no income tax!

  2. Jerry Says:

    That sounds like a great plan... and hey, to know where you want to lead yourself in a few years gives you something to look forward to, right? Wink If you have some insurance of no income tax on the NV side, that's even nicer. Good luck!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
Will not be published.

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]