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post #7 of Old 03-14-2010 Thread Starter
Join Date: Aug 2009
Location: Durham, NC
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One more thing. A few of you said to find a boat you can buy outright but here is the down side to that. First, unless we sell the house it would take several more years to save enough for a boat and we would still be dependent on the rental income from the house to go cruising. In addition, a boat is pretty much NOT an investment we realize that. So why not instead let someone else pay for most if not all of your boat, coming from rental income. Since we are in our 40s we are in some prime earning years and we could come home and work hard for a year to reload the cruising kitty. I think what might make our situation different is that so many people that do this are retired and want to escape to the cruising life for retirement. The reason we do not want to wait is because my wife's family has a history of ALS, a terrible disease that has taken her dad at age 62, her brother at age 44 and now her older brother recently diagnosed at 52. All of these people had plans for retirement. You simply never know what life has in store for you, so we simply want to go now, while we are in good health. That is probably the biggest driver for us to go in the next 2 years.
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