How Much Would It Cost To Move To Los Angeles Today?
You can't be semi-retired here unless you're rich or maintain constant, aggressive cash flow
A confluence of factors got me thinking about the question that fronts today’s installment.
Shawn Forno’s excellent Q&A on moving to Spain, particularly the YouTube video where he and his wife, Lainey, discuss their cost of living. It helps reaffirm what we think we know about the value meets quality of life equation we can expect.
Our recent rent increase (see above), which drives home competing points. We have it good in Los Angeles today, thanks largely to rent control. But we won’t have it as good—and we might even have it bad—tomorrow as we head into relative old age.
It’s one thing to be established in a city like LA. It’s entirely another to move here today, starting from scratch.
To do that—and live a comfortable life not consumed with work and making money—requires wealth or constant, aggressive cash flow. This we had to stop it shortly after we started it breakdown of your startup and ongoing costs to move to/live in Los Angeles details what I mean by constant, aggressive cash flow and helps explain why Melisse and I have 18 toes out the door.