I know there is lots of other posts that state if you had $1 Mil what would you do... Here is a new twist with a number that may be more realistic for some - $300,000 cash. This needs to include the purchase of the boat, outfitting, how many years you think you could make it last and any other budgeting you would do. To each there own on how they would spend it...
My thoughts...
Boat - First Tayana 42 CC then Cabo Rico 38 - $110,000
Outfit - $30,000
Yearly Budget - $35,000 (2 Adults, 2 Kids on the hook mostly)
Years on the Water - 4 (If I spend less yearly I would go longer)
Emergency Fund - $20,000
Location - Start in the Caribbean and make my way over to the South Pacific but depends on boat location...
My thoughts...
Boat - First Tayana 42 CC then Cabo Rico 38 - $110,000
Outfit - $30,000
Yearly Budget - $35,000 (2 Adults, 2 Kids on the hook mostly)
Years on the Water - 4 (If I spend less yearly I would go longer)
Emergency Fund - $20,000
Location - Start in the Caribbean and make my way over to the South Pacific but depends on boat location...