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Old 08-04-2011, 03:32 PM
 
Location: Portland, Oregon
10,960 posts, read 19,536,502 times
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Much depends on your lifestyle. Rents are higher in the Portland core area and around NIKE or Intel. You could look at a couple suburban towns such as McMinnville. Because it is a college town and professors keep their own children focused on academics the schools should be decent.

Were I you I would plan on living below my means in retirement. First you will have twins to send to college and, frankly, none of us knows what will happen to public pensions.
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Old 08-04-2011, 05:09 PM
 
Location: Lakewood OH
21,695 posts, read 27,088,899 times
Reputation: 35823
Quote:
Originally Posted by soulpatch View Post
I am eligible to retire next year from an FD here in SoCal and, after applying taxes like I am used to here, I would net around $4100/month.
Is this enough to support a family of 4 comfortably while renting a decent house in Portland?
My wife would like to get her writing career moving again and if I am not working full time I could raise my twinlets while she did her thing.
We have looked at baja, where we spend a lot of time, but we are also ready for a completely new paradigm and non-desert lifestyle.
My oldest is applying for her upper grad degree in Eugene so it would be nice to be in the same state. Eugene doesn't hold much appeal for me.
It will be really rough but people have done it when they were very determined. Personally, if I were to be taking a chance on the well-being of my family, I wouldn't do it.
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Old 08-04-2011, 05:17 PM
 
3 posts, read 7,387 times
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Default Milwaukie

There are really nice apartments $650-800 in the suburbs Milwaukie (97267) not (97222) has some nice areas. So does Clackamas.
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Old 08-04-2011, 06:22 PM
 
Location: San Diego, CA
144 posts, read 478,686 times
Reputation: 73
Quote:
Originally Posted by Minervah View Post
It will be really rough but people have done it when they were very determined. Personally, if I were to be taking a chance on the well-being of my family, I wouldn't do it.
Well, I am probably going to work a few more years as a FF but I am eligible at 50....
I would like to work in the renewable energy sector when I retire but this is a heck of an economy to start a new career in.
My retirement will go up 3% a year until I am maxed out at the age of 57 so if I chose to work longer I could add another $2k/month to my retirement.....
Just not sure I want to be a 57 year old FF......not too good for the ticker and the big C that is always lurking out there.
Well, time and exploration will tell.....I do love Mexico!
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