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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.

Posted in Retirement Dreams | 2 Comments »

2 Responses to “Retirement Dreams”

  1. Homebody Says:
    January 18th, 2011 at 05:58 am 1295330314
    1295330314

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

  2. Jerry Says:
    January 21st, 2011 at 11:15 pm 1295651702
    1295651702

    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!
    Jerry

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