Join Date: Jun 2010
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Basic cost question
We're doing some advance planning for our dream of retiring on a sailboat and spending our time cruising the Caribbean, with possible occasional Atlantic crossings and summers spent cruising the Mediterranean.
We expect to have a steady stream of visitors, so we are planning on a decent sized sailboat...a 45 to 50 footer. We should have the resources to pay cash for the boat, and get one that is reasonably new (so hopefully there are no major repair/retrofit costs for a long time).
What I'm looking for is some guidance regarding what day to day and month to month expenses will look like...just the basics...things like insurance and food (for two) and ongoing maintenance and repairs.
I realize this is a terribly broad question, and if its any help we have very modest tastes and intend to pursue this from a "minimalist" perspective. We are just looking for some general ideas of how much it will cost on an ongoing basis to live this way.
Thanks in advance for any thoughts!!!