401-K Returns To Date!

[laurence]

Tommy D. ,

For me, it's three reasons:

My wife's family, my wife's family, and my wife's family.

I do hope to downsize to a townhome/condo once we are empty nesters, since our priority is travel. Since we plan on having the house paid off before we are empty nesters, I'm hoping to be able to buy a nice condo and sock an extra 200k in the bank, to boot! Plus, if everything else falls apart, we always have that ace in the hole of moving some place cheaper.

(no attempt to take a logical stance for the pay off mortgage vs. invest debate - we just like the emotional security of no house payment)

[Jarhead*]

Tommy D. ,

For me, it's three reasons:

My wife's family, my wife's family, and my wife's family. *

I do hope to downsize to a townhome/condo once we are empty nesters, since our priority is travel. *Since we plan on having the house paid off before we are empty nesters, I'm hoping to be able to buy a nice condo and sock an extra 200k in the bank, to boot! *Plus, if everything else falls apart, we always have that ace in the hole of moving some place cheaper. *

(no attempt to take a logical stance for the pay off mortgage vs. invest debate - we just like the emotional security of no house payment)

Laurencwill: Not that you need it, but let me add a couple more good reasons for you.
San Diego, arguably has the best climate in the U.S.
Propostion 13

[laurence]

Yes! It's not like I'm trapped in Hell on Earth here!
San Diego is just wonderful. My neighbor owns a sailboat, we went out on it last Saturday just to tool around. He was trying to get me to go in half on it, mostly to help him with the slip rental. My wife told me I could get a Kayak. :P

Prop 13 is the reason we will probably never upgrade to a bigger house. Right now our property tax is ~200 a month, if we moved to a house with say, one more bedroom, we'd jump up to ~700 a month, and you can't pay it off like a mortgage! Stay here = EER (extra-early retirement)!