Option 1: Continue to live where we live today and take jobs that would not pay 1/3 of our current income. Those jobs would be outside of our education and experience so we would be starting our adult lives over again. Because of the equity we have built up in our home we could continue to live in our house, but our ability to retire before age 67 would not be possible. It would also greatly decrease our personal quality of life since it would leave little money for extras.
Option 2: We move to an even more rural community where my wife teaches. I would need to find whatever job is available, but it would not match my education and experience. The housing costs would be somewhat similar. It would also break my wife's rule on being within 20 minutes of a Target store. You get be the one to tell her, "No more trips to Target."
Option 3: We move to the condos that are currently being constructed near my job. It is next to light rail so my wife could find a job where she could take public transportation to work. Once again, her education and experience would not be relevant so she would be starting her career over again. Also, we would be at the mercy of my employer. Experience has taught me that no job will last forever.
As direct of an answer I can give you is that the rebate would need to be many 10's of thousands of dollars to replace the lost income and the risk we would be assuming by giving up our careers in our peak earning years. I would not trust any entity to continue paying the rebate year after year, so the rebate would actually need to be a one-time payment large enough to cover us for the rest of our lives.
Tom Searles Waconia, Twp.
----- Original Message ----- From: "Pat N self only" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Friday, December 10, 2004 9:10 AM
Subject: Re: [TCMetro] Re: Transportation vs. Employment alternatives
--
Anyone,
How large of a $ rebate would be needed in year 2005 for you to put less than 7,000 miles on your odometer? Assume you own just one vehicle.
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