Plan to move back home
Hello!
I currently live in Alaska and I have a small family: my wife, my newborn daughter, and I. I am a union plumbing apprentice up here. I want to build a plan to move back home to Long Beach, CA in around 5 years. I grew up there, and while we like it up here the schools are failing, and I would like my baby to grow up in a similar (but more stable) environment than I did.
To cover expenses for 6-8 months, I have a target of $50,000 in savings.
I would like any tips anyone may have for me about moving back home. I understand the cost of living differences and that I would want to secure a job ahead of my move. I’m looking more for things that might have changed in 11 years since I left, or maybe nearby areas surrounding Long Beach that would give us a similar vibe and maybe save on certain costs. I want this plan to go well.
Feel free to tell me my budget is too small, and to point out any expenses I may not have thought of.
I have taken into account rent, food, gas, insurance, and potential childcare.
Thanks in advance!