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Lake Forest is a city in Orange County, California, United States. The population was 58,707 at the 2000 census.

The city was created in 1991. Residents voted to name the city Lake Forest, after two expensive master planned residential communities, denying the longer claim to the territory by the community of El Toro. Since being founded, it has expanded its limits to include the newer communities of Foothill Ranch and Portola Hills. The multiplicity of names often creates confusion: some people in the Portola Hills neighborhood, for example, can receive mail addressed to them at Portola Hills, Lake Forest, or Trabuco Canyon.

The City of Lake Forest hosts the headquarters for hard-drive maker Western Digital and telecommunications software developer Greenlight Wireless Corporation.

Lake Forest is also home to two county parks. Whiting Ranch in the eastern part of the city was the site of a famous Mountain Lion mauling in 2003 that captured the West Coast news media.

Heritage Hill historical park is home to some of the oldest buildings in the county including the Serrano Adobe, the old El Toro School House, and St. Georges Episcopal Church.

In 1994, Kathryn McCullough became the first African American mayor of any city in Orange County. She currently serves as a member of the City Council.

	Retirement advice and news - CNNMoney.com How Uncle Sam wants to boost your retirement - 2 days ago Usually I cringe when our leaders in Washington try to help improve our finances. I'm afraid their efforts may do more harm than good. But two new ideas being discussed inside the Beltway could actually make it easier to prepare for retirement. Both center on the income you'll generate from your 401(k). 43% say they have less than $10k for retirement - 2 days ago The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday. Retire early, save for a home - 7 days ago Like many households, Wener and Tieun Vieux have suffered a few financial jolts of late. The retired couple's guide to livin' the dream - 6 days ago Question: My husband and I have been happily married for 28 years. Careful spending and sound planning over time has provided us with a very comfortable financial future. Although we're compatible in many ways, our outlook differs when it comes to enjoying our money. I'm more of a saver and I hate to shop. I'm already retired, and when my husband retires in a year we'll begin drawing on our retirement savings. Can you suggest some tips on how we can communicate effectively about spending our money? How do we assure that we'll both have the independence to decide how we want to spend "our share" without judgment? --Margaret M. Make the best of a bad 401(k) - 15 days ago You're probably feeling a lot better about your 401(k) these days, and not without reason. The average balance for experienced workers, after declining 19% in 2008, bounced back 29% last year, including new contributions.

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