SailNet Community - View Single Post - $3000/mo cruising budget
View Single Post
  #9  
Old 01-29-2014
Don0190 Don0190 is offline
winter crazy
 
Join Date: Aug 2008
Location: NH
Posts: 530
Thanks: 2
Thanked 7 Times in 6 Posts
Rep Power: 6
Don0190 is on a distinguished road
Re: $3000/mo cruising budget

I did a retirement spending thing with my finance guy a few weeks ago and he said my plan worked. Of course all the really means is that if I spend $3000/mo my money lasts as expected.

But since my finance guy is older than me and still has to work I don't really believe he knows anything more than me. And of course he knows nothing about the boat side of the question.

Far as keeping the house and paying off the boat loan, this all is betting that you can do better with the money that the interest getting charged. Hard to say, the only real asset is cash in hand (not invested in stocks, just cash)
__________________
Don't blow air up my rear, be useful and blow it at the sails!
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
Reply With Quote Share with Facebook