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SAN DIEGO (KGTV) -- The cost of housing in California isn’t just affecting first-time home buyers, it’s also taking a toll on retirees, according to a report from Global Atlantic Financial Group. The research, based on data from more than 4,000 people nationwide, found that retirees in California spend nearly ,575 a month: 30 percent more than the average retiree in the U.S. at ,008.Housing costs that build up during working years also take a toll. Nearly half of California’s non-retired residents ages 40 and up owe an average of 4,876 on their mortgages, compared to the national average of 4,770. Global Atlantic claims that sky-high housing expenses force California residents to make sacrifices during retirement, including cutbacks on restaurants and entertainment, travel and vacations and charitable giving. Almost 40 percent of retirees nationwide are spending more than they expected."Many Americans adjust their lifestyles and cut spending once they see how quickly costs can add up in retirement," says Paula Nelson of Global Atlantic. She says it's an important lesson for those currently in the workforce to understand. "While older retirees are collecting income from employer-sponsored retirement plans, such as pensions, younger and future retirees may not receive the same benefits. Not only have pensions gradually become less common, but the data shows that younger retirees are also less likely to have much saved in other defined contribution plans, like 401(k)s," says Nelson.More than half of retirees wish they'd handled their financial planning differently, according to analysts. The top three regrets include not saving enough, relying too much on Social Security, and not paying down debt before retiring. 1758

SAN DIEGO (KGTV) - Super Saturday is set to eclipse Black Friday in sheer numbers, according to the National Retail Federation. The NRF says an "estimated 147.8 million U.S. consumers [are] expected to participate, up from 134.3 million last year, according to the annual survey released today."This includes both in-store and online shopping.This year had the shortest shopping window between Thanksgiving and Christmas, leaving shoppers nervous.Jessica Ramirez said she was so busy working she could only start shopping Saturday. She said the family had been to a few stores that day and she will get as much done as possible in the final countdown before Christmas.Dana Giusti was eating a candy cane while she shopped in Best Buy, saying her sugar fix was staving off anxiety about finishing up Christmas shopping and wrapping all the presents for her family.In Mission Valley, the Target parking lot was filled with lines of cars. Families had different plans of attack to tackle their lists. Some shopped online and picked up curbside, while others braved the crowds inside."NRF defines the holiday season as November 1 through December 31 and has forecast that sales will total between 7.9 and 0.7 billion. Consumers expect to spend an average ,047.83 – including purchases made earlier – for an increase of 4 percent over last year, according to an earlier NRF survey.Today’s survey of 7,779 adult consumers was conducted November 27 through December 5 and has a margin of error of plus or minus 1.2 percentage points." 1543

SAN DIEGO (KGTV) - Sweetwater Union High School District officials say their revised budget will not have a major impact on students, but some parents are getting notices from schools informing them of cuts to some afterschool programs, tutoring and summer school.The discovery of an accounting miscalculation over the summer led to a million budget shortfall that the district rushed to fix. On Oct. 8, the district’s board unanimously approved a revised and balanced 2018-19 budget. The San Diego County Office of Education has until Nov. 8 to approve it.Changes to the budget include furlough days for numerous district employees, elimination of paid training days for teachers and cuts to the adult education program. Other cost-saving measures in the budget include energy conservation strategies and a reduction in travel expenses.RELATED: Sweetwater Union High School District passes revised budgetIn a statement, district officials said: “Throughout this budget challenge, we believe that we have remained pragmatic, honest, and transparent in our efforts. This process has also enabled us to implement new practices and protocols that will help prevent this situation in the future.”CLICK HERE TO READ REVISED BUDGETDistrict spokesman Manny Rubio said the revisions would not have an impact on district students. He also said schools in the district would not see major changes or reductions in staffing or programs.“There will be no major changes, and student impact will be minimized as we go forward with the plan,” Rubio told 10News.However, last week, officials at Rancho Del Rey Middle School sent a letter to families informing them of “cutbacks that may affect some parents as they plan for their students outside of school activities.”In the letter, Rancho Del Rey officials said a tutoring program at the school would no longer be offered “due to a district-wide budget shortfall.” The letter went on to say summer school in June 2019 would not be offered. 1987

SAN DIEGO (KGTV) — The National Parks Service will survey San Diego's Chicano Park and its murals as part of efforts to add the land to the national list.The reconnaissance survey is expected to be completed next year and will evaluate the significance of the park and its artwork.The NPS announcement comes after Rep. Juan Vargas introduced a bill in 2019, The Chicano Park Preservation Act, that would require the Department of Interior to conduct a study of the park's merits for national affiliation.RELATED: Bill pushes to add San Diego's Chicano Park to National Park SystemVargas said in a release Wednesday that the NPS is willing to conduct the study without passing a bill requiring the department to do so."I’m very pleased to learn that the National Park Service will begin their preliminary assessment of Chicano Park early next year. The National Park Service affiliation will help protect the park’s longevity and legacy," said Vargas.Being affiliated with the NPS would allow the park to be eligible for technical or financial aid. The recognition would also allow Chicano Park to be, "recognized, preserved, and protected as an American history landmark," Vargas adds.RELATED: Celebrating Community: Chicano Park approaches 50th anniversary"Chicano Park is our spiritual home and represents a defining moment of victory for the Barrio Logan and Chicano community," said Vargas. "I will continue my work in Congress to ensure that Chicano Park is eligible and recognized as an affiliated site of the National Park System."Chicano Park was created in 1970 after the Barrio Logan community boycotted the construction of a California Highway Patrol station underneath the San Diego-Coronado Bay Bridge.In 1980, it received designation as an official historical site by the San Diego Historical Site Board. It listed on the National Register of Historic Places in 2013 and as a National Historical Landmark in 2016.RELATED: Lease approved for Chicano Park museum and community centerThroughout the year, locals and tourists visit the roughly 80 murals that depict San Diego and Chicano history and culture.Victor Ochoa, who painted some of the murals, told ABC 10News the history depicted in Chicano Park's art is truly representative of the community because it lacks censorship and showcases important figures."The park in itself acts as kind of like an obstacle to just eradicate our heritage, our history, our community," Ochoa said. "I see the spiritual energy more and more in the park and the murals, and the murals become even more historical documents."On April 20, 2020, Chicano Park celebrated its 50th anniversary. 2646

SAN DIEGO (KGTV) -- Summer is here and it’s time to welcome back Opening Day at the Del Mar Racetrack. This season, the races kick off Wednesday, July 17 and last through Monday, September 2. If you’re planning to head to the races for Opening Day, gates open at 11:30 a.m. and the first race begins at 2 p.m. Stretch run tickets for Opening Day are and Clubhouse tickets are . RELATED: Del Mar Racetrack 2019 Summer Concert Series: Ziggy Marley, Chase Rice among scheduled performersFor those not interested in the first race of the season, tickets Wednesday through Sunday are for Stretch Run and for Clubhouse. Click here for more information on tickets. General and early bird parking is , and preferred parking is . For anyone looking to spend a bit more, valet parking is ( on Opening Day) and limo and bus parking is (0 on Opening Day. 885