Originally Posted by Minnewaska
I wouldn't call it bull$hit, but I respect a different opinion.
Perhaps, having seen some relatives get older and have nothing, including any remaining resourcefulness at their age, it has jaded my opinion of why one should be weary. Unless one dies too young, the odds are near zero that one will sail single-handed for their lifetime. These particular relatives could have saved, but instead, the rest of the family or society is taking care of them now.
I say, go out there an cruise. Just have a good plan to remain self sufficient over the long term and its a beautiful thing.
Ya, no, it's not bullsh!t, He' should get as much as he can with what he has. I have a 401k and investments and I want the best return I can get. I'm just say'n, you put 200 grand in my saving's, I could get by pretty comfy on the interest off set with the odd job and under the table back country charters.