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I'm 63 With $1.5M. Can I Spend $10K a Month?

You’ve saved $1.5 million. Now comes the real test.

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Most retirees do not get a clear answer until it is too late.

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That difference can determine whether your money lasts decades or starts breaking down early.

Sequence of returns, taxes on withdrawals, healthcare costs, and whether the 4% rule still applies all play a role.

Fiduciary advisors created a breakdown showing what drives sustainable income and why the same $1.5M can produce very different outcomes.

If you have $1M or more invested, do not guess.

👋 Welcome to Northridge Now - Issue #0065

🌞 Hey Northridge Neighbors!

A warm weekend is ahead across the Valley, with continued heat, humidity, and a chance of thunderstorms in parts of Southern California. In today’s issue, we’re covering LAUSD’s growing financial concerns, the new name for a San Fernando high school, emergency preparedness tips, a possible Friday night SpaceX launch, and the latest World Cup quarterfinal action.

🔹 In Today’s Issue:

  • 🎓 LAUSD faces warnings over a possible financial crisis

  • 🌡️ Heat, humidity, and storm chances continue through the weekend

  • 🏠 Families are encouraged to review their emergency plans

  • 🏫 Cesar Chavez Learning Academies becomes Arroyo High School

  • 🚀 A SpaceX launch may be visible across Southern California tonight

  • ⚽ Plus: World Cup quarterfinals, record U.S. viewership, ticket prices, local watch spots, farmers markets, and more

Whether you’re staying cool indoors, heading to a local market, or planning your weekend around the World Cup, we’ve got you covered.

Let’s get into it 👇

📰 Valley News

🎓 LAUSD Faces Financial Crisis Warning

Los Angeles Unified School District could face insolvency as early as next year if significant budget changes aren't made, according to county education officials. Declining enrollment, rising labor costs, and expiring one-time funding are driving concerns over the district's long-term financial stability.

🔹 Key Details:

  • County officials warned LAUSD could run out of money next year.

  • Declining student enrollment continues to reduce state funding.

  • Rising employee costs are adding financial pressure.

  • District leaders say they are working on solutions to stabilize finances.

LAUSD officials maintain they are taking steps to address the shortfall while continuing to provide educational services across the district.

👉 Full Story: ABC7

🌡️ Heat, Humidity & Storm Chances Continue

Dangerous summer weather isn't letting up across Southern California, with forecasters warning of intense heat, high humidity, and the possibility of afternoon thunderstorms in mountain and desert areas through the weekend.

🔹 Key Details:

  • Triple-digit temperatures continue inland.

  • Humidity is making conditions feel even hotter.

  • Afternoon thunderstorms remain possible.

  • Heat-related illnesses remain a concern.

Residents are encouraged to stay hydrated, limit outdoor activity during peak afternoon hours, and monitor changing weather conditions.

👉 Full Story: KTLA

🏠 Why Every Household Needs an Emergency Plan

Emergency preparedness experts are encouraging families to create home emergency plans before disaster strikes. Whether facing earthquakes, wildfires, or extended power outages, having a plan in place can significantly improve safety.

🔹 Key Details:

  • Every household should have an emergency plan.

  • Families should identify evacuation routes and meeting places.

  • Emergency supply kits should be updated regularly.

  • Communication plans help loved ones reconnect during emergencies.

Preparedness officials say planning ahead can reduce confusion and improve response during unexpected emergencies.

👉 Full Story: San Fernando Sun

📅 Local Business

🤝 Valley Referral Network - LeTip in Porter Ranch

Grow your business through real referrals - not just networking.

  • 🤝 Weekly, structured meetings

  • 🚫 One business per category

  • 📈 Built to generate results

🗓 Thursdays · 7:00 AM
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👉 Register to Visit or send this to someone who should: LeTip - Valley Referral Network

200 Ways To Make Money With AI

Turns out, AI is good for more than writing emails and generating LinkedIn posts. This guide is packed with 200+ actionable ways to build income with AI.

Inside you'll discover:

  • 200 curated AI income ideas for beginners and pros alike

  • Easy-to-start opportunities you can launch this week

  • Real world applications for today’s top AI tools

  • AI powered business models built for today’s economy

  • Creative ways to turn trends into revenue

AI is changing how people work and how people earn, far beyond the simple “write me an email” prompt. Discover the possibilities and download the free guide to start cashing in today.

🏫 Cesar Chavez Campus Renamed Arroyo High School

A San Fernando school campus formerly known as Cesar Chavez Learning Academies has officially been renamed Arroyo High School. Supporters say the new name better reflects the school's identity while continuing its commitment to serving local students.

🔹 Key Details:

  • The school has officially adopted the Arroyo High School name.

  • The change reflects the campus's evolving identity.

  • Students and staff will begin using the new name moving forward.

  • School programs and operations remain unchanged.

The renaming marks a new chapter while preserving the school's focus on academic success and community involvement.

👉 Full Story: San Fernando Sun

📊 Homeless Count Results Delayed Again

The release of Los Angeles' annual homeless count has been delayed as LAHSA continues reviewing the data amid ongoing legal challenges. Officials say additional quality checks are being completed before results are made public.

🔹 Key Details:

  • LAHSA has postponed releasing the annual homeless count.

  • Officials cite additional data review efforts.

  • Ongoing litigation has contributed to the delay.

  • Final results will be released once the review is complete.

The annual count plays a key role in determining funding and shaping homelessness policies throughout Los Angeles County.

👉 Full Story: LAist

📍 Local Events

🍅 Weekly Farmers Markets & Food Events

🍅 FRIDAYS | Olive View Farmers Market
🕘 9:00 AM – 2:00 PM
📍 14445 Olive View Dr., Sylmar (Parking Lot A)
Stock up on fresh fruits, vegetables, and locally grown goods every Friday. EBT accepted.
🔗 More Info: Sylmar Neighborhood Council

🌮 FRIDAYS | Granada Hills Grubfest
🕔 5:00 PM – 10:00 PM
📍 Chatsworth St. between White Oak & Zelzah
Over 30 rotating food trucks, casual outdoor dining, and one of the San Fernando Valley’s favorite weekly traditions.
🔗 More Info: Facebook

🥬 SUNDAYS | The Vineyards Farmers Market
🕘 9:00 AM – 2:00 PM
📍 The Vineyards at Porter Ranch
Browse fresh produce, artisan foods, flowers, and local makers while enjoying one of the Valley’s premier weekend destinations.
🔗 More Info: The Vineyards at Porter Ranch

🌿 SUNDAYS | Toluca Lake Certified Farmers Market
🕘 9:00 AM – 3:00 PM
📍 4501 Talofa Ave., Toluca Lake
A lively market featuring farm-fresh produce, artisan vendors, prepared foods, live music, and a welcoming neighborhood atmosphere.
🔗 More Info: TL Farmers Market

🥕 TUESDAYS | Sherman Oaks Farmers Market
🕑 2:00 PM – 6:00 PM
📍 Westfield Sherman Oaks Parking Lot
Fresh produce, baked goods, flowers, prepared foods, and neighborhood vendors with relaxed community vibes. Rain or shine.
🔗 More Info: Facebook

🌻 WEDNESDAYS | Northridge Fashion Center Farmers Market
🕔 5:00 PM – 9:00 PM
📍 Northridge Fashion Center
Enjoy fresh produce, artisan foods, desserts, flowers, and local vendors for a perfect midweek outing.
🔗 More Info: Northridge Fashion Center Events

Little Known RMD Strategy Allowed by the IRS

For investors with $1M+ in retirement accounts, the tax code allows specific strategies that can reduce your tax exposure once RMDs begin—but only if used before then. 

The window is open for anyone within ten years of 73. A fiduciary advisor can review which may apply, at no cost.

🚀 SpaceX Launch Visible Across Southern California

Looking for Friday night plans? A SpaceX Falcon 9 rocket launch is expected to light up the Southern California sky, offering residents another chance to watch a spectacular nighttime liftoff from several local viewing spots.

🔹 Key Details:

  • Falcon 9 is scheduled to launch Friday evening.

  • The rocket may be visible across much of Southern California.

  • KTLA highlighted several recommended viewing locations.

  • Visibility depends on weather and launch timing.

Launch schedules can change, so spectators are encouraged to check for any last-minute updates before heading out.

👉 Full Story: KTLA

🛒 Costco Protein Powder Lawsuit Filed

A new lawsuit alleges that certain protein powders sold at Costco contain unsafe levels of lead and arsenic. The lawsuit seeks further investigation, while the claims have not yet been proven in court.

🔹 Key Details:

  • The lawsuit targets protein powder products sold at Costco.

  • Plaintiffs allege elevated levels of lead and arsenic.

  • The claims remain allegations pending legal proceedings.

  • Consumers are encouraged to follow updates as the case develops.

Costco has not been found liable, and the legal process remains ongoing.

👉 Full Story: FOX 11 LA

🎖️ Top World Cup Stories

Quarterfinal Showdowns Take Center Stage

The World Cup quarterfinals are set with four blockbuster matchups featuring many of the tournament's biggest stars. Argentina battles Switzerland, Norway takes on England, while France faces Morocco and Spain meets Belgium as eight nations continue their pursuit of soccer's biggest prize. Analysts expect several tightly contested matches with little separating the remaining contenders.

👉 Full Story: ESPN

📺 US-Belgium Match Sets Historic TV Record

Despite the United States' World Cup exit, millions tuned in to watch. FOX announced that the Round of 16 matchup between the U.S. and Belgium became the most-watched soccer telecast in American history, drawing an estimated 30 million viewers with a peak audience of more than 36.8 million. The record highlights soccer's growing popularity as the 2026 World Cup continues to captivate fans across the country.

👉 Full Story: FOX 11 LA

🎟️ World Cup Final Tickets Still Available — At a Price

Fans hoping to attend the 2026 FIFA World Cup Final still have a chance, but it won't come cheap. FIFA has released nearly 1,200 additional tickets for the championship match, with Category 2 seats starting around $7,380 each, while premium lower-level seats and hospitality packages climb well into the five figures. Quarterfinal ticket prices, however, have dropped significantly following the elimination of several host nations.

👉 Full Story: ESPN

⚽ FIFA World Cup Schedule: July 9-11 ⚽

Saturday, July 11

🇳🇴 Norway vs. 🏴 England — 2:00 PM

🇦🇷 Argentina vs. 🇨🇭 Switzerland — 6:00 PM

Tuesday, July 14

🇫🇷 France vs. 🇪🇸 Spain — 12:00 PM

👉 Full Schedule and Scores: ESPN

⚽ Top 10 Places to Watch the World Cup in the SFV

Looking for the perfect spot to catch the match? From dedicated soccer pubs to neighborhood favorites, here are 10 San Fernando Valley locations worth checking out during the World Cup.

🍻 Game Changer Brewhouse – Sherman Oaks
One of the Valley's best game-day destinations, featuring plenty of screens, craft beer, and an energetic sports crowd.

🏆 Best Ball | Food Drinks Sports – Van Nuys
A modern sports bar built for watching big games, with excellent viewing angles and a lively atmosphere.

🍔 Taps Valley Gastropub – Northridge
A reliable local favorite with great food, drinks, and plenty of TVs for catching every minute.

🍺 HQ Gastropub – Woodland Hills
Popular for major sporting events thanks to its vibrant atmosphere and elevated pub menu.

⚽ Springbok Bar & Grill – Van Nuys
A longtime soccer hotspot known for attracting passionate fans and showing international matches.

🌮 The Local Peasant – Sherman Oaks
A relaxed neighborhood gastropub offering quality food, drinks, and a comfortable place to watch with friends.

🍕 Rocco’s Tavern – Studio City
Big screens, pizza, cold drinks, and a high-energy sports environment make this a tournament favorite.

📺 Brewz Sports Cafe & Grill – Canoga Park
A casual West Valley staple with plenty of TVs, beer on tap, and a laid-back game-day vibe.

🍻 The Thirsty Merchant – Valley Village
Craft beer, good food, and a neighborhood atmosphere perfect for settling in for a match.

🏟️ Yard House – Northridge
While not soccer-specific, its extensive TV setup, huge beer selection, and central location make it a dependable choice.

💡 NNN Tip: Popular matches can fill up quickly, so call ahead to confirm the game will be on and whether reservations are recommended.

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