Congrats on the Semi-FIRE! I like the 4 year CD ladder idea. Do you have criteria for how "down" the market needs to be before you tap it?
You still own them?Net worth briefly passed $4M this morning before pulling back slightly before the close. On my last trip to Europe, I surveyed the parcels of land that I purchased there as a teenager. The price appreciation on those has been phenomenal.
You still own them?
Hope your dream comes true!Oh yes, I do. The contiguous parcels form a beautiful piece of land with southern exposure, good soil, and a water spring running year round. My lifelong dream has been to build - with my own 2 hands- a small alpine chalet on it.
Net worth briefly passed $4M this morning before pulling back slightly before the close. On my last trip to Europe, I surveyed the parcels of land that I purchased there as a teenager. The price appreciation on those has been phenomenal.
I would like $4M and an Alpine chalet in Europe. Are you married FIREd?
Congrats! but now I'm confused why you said you were pushing FIRE out another year With $4M you could draw down $160k per year (@4% SWR), if you buy a $1M house you can still draw down $100k-$120k a year. Just curious is all.
I would like $4M and an Alpine chalet in Europe. Are you married FIREd?
NW-Bound said:If you are OK with just $2M, and possibly 1/2 of the chalet, send FIREd a photo, because that's what he will have left once his still working DW finds out.
Note that I wrote "possibly", because I remember that you have some inherited real estate that were preferably kept in the family name.Not quite. There is significant non-marital property on my side of the ledger...
Superior memory, I have. Are people all impressed?
Gotcha, thanks for the clarification. There are plenty of areas between Santa Clara and SF that aren't as pricey but I'm sure you're well aware. Personally though I'd move away from the congestion more towards the newer, more spread out areas even as far as out as HWY 52 (near Gilroy etc). Or the coastal areas. Then again I enjoy elbow room and less frantic life
Yes, married. And no chalet yet.
The whole peninsula looks crazy expensive to me. But I have my eyes set on Marin County, which is hardly more affordable.
The whole peninsula looks crazy expensive to me. But I have my eyes set on Marin County, which is hardly more affordable.
Prices come down quite a bit if you move further north to Sonoma county. We've got two places there...one our family home we've had since 1985 which is currently rented, and the other a duplex we've owned since 2011 which we use as a temporary base during home leave.
You might want to take a look just further North and West in Sonoma County. $500k buys a nice home up here. I moved here from SF when I ER'ed and love it. A bit rural, beautifully so, but SF is a mere 1 hour drive away.
Sonoma County has a lot to offer. If we don't move to Southern California we have thought of moving there.
But the lower home prices in Southern California for a different but maybe just as nice lifestyle (milder temps and beaches) are looking very attractive these days.
I did not think that home prices in Southern California would be lower. I am surprised!