SailNet Community - View Single Post - Make do with wrong boat
View Single Post
post #34 of Old 03-01-2013
Senior Member
bljones's Avatar
Join Date: Oct 2008
Location: South Coast Ontario
Posts: 8,481
Thanks: 35
Thanked 92 Times in 82 Posts
Rep Power: 9
Re: Make do with wrong boat

Originally Posted by asdf38 View Post
Which boat do you really want?
Y'know, I think that question, when we're talking about the last boat, the post-retirement crusing boat, almost deserves it's own thread.
IMO it is the question that should be asked last.
First question: how much ready cash will you have when you retire?
Second question: how much monthly income will your investments/IRAs, etc., bring you?
Third question: Are you going to cruise for a fixed length and return to the dirt by choice, or are you going to adopt the "no fixed address" lifestyle for good?

Then ask, "Which boat do you really want?" shortly after asking "how much can i really afford?"

We've all seen folks who waste months kicking tires on boats that everybody but them knows they cant afford until they finally accept the reality that they need to look in the $50K range, not the $150 K range. That is time they won't ever get back.

It's 5 o'clock somewhere:

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
bljones is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome