Re: annual cost of crusing Carib 2012?
If ou intend to sail away and never work again and 800k is all you have, no social security benefits to look forward to, no health insurance especialy, I would say it is not enough to live on for two 55 year old people until ...maybe 85? That is a total of 60 man years. As a nurse I see daily what happens to seniors that did not plan for their old age. Contrary to what people say...it is very rare for someone to live to an old age and not need some kind of health insurance. We all need it unless we die first.
800 K is not alot of money these days. Figure for a couple making $25 an hour each(before taxes), that is roughly 8 years wages? To last 30 years for two people that is something like
13K a year each?
Someone posted about investing first and living off the returns. That is a great idea... possibly.
Last edited by Irideon; 12-08-2012 at 10:39 PM.