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  #11  
Old 01-12-2013
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Re: Retirement Sailing

Thanx Dave6330 and OffWeGo. Glad you found it helpful. As so many have pointed out, so much depends on how you want to live. At least you now have a list of categories of expenses to consider as you make your own budgets.
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  #12  
Old 03-19-2013
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Re: Retirement Sailing

Thanks guys, I like this thread. WingNWings, your blog is great. Are there any recommend readings on this subject. My wife and I are seriously concidering similiar for the at least the early part of our retirement (we are early 50's right now). We are still a few years off but want to start making steps in the right direction. Cost vary by personality and what one conciders a need, we get that. But things like dealing with taxes? Mail? Registrations? Medications? Consideration we never even thought of? etc...

We boat in the upper Chesapeake now. Our plan right now would be cruising back here for summer months (come back and visit family & friends and deal with DR's and the likes), but spending winters south just drifting around under a variety of situations. Floriday, Keys, Bahamas, USVI, BVI and more. Some hook, some marina, little mix of everything.

Thanks!!!
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  #13  
Old 03-19-2013
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Re: Retirement Sailing

I don't think you need very much.

But I need more than you so could you please send me $1,000 per month as I am a bit tight for cash this year..... And next year too....
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  #14  
Old 03-19-2013
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Re: Retirement Sailing

This is a reprint (I think)...but the Bumfuzzles posted what it costs to cruise and then travel by land. I wish they would do the same on their new boat too.

Remember, these costs are now almost 10 years old, so they're probably *UP* by around 20%

What Does it Cost to Cruise? | Sail Feed
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Old 03-22-2013
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Re: Retirement Sailing

I like this most important thread!!! Gives a sense of what to really expect when trying to live the dream.
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Old 03-22-2013
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Re: Retirement Sailing

A couple of thoughts on this critical issue. A major consideration is how often you have to pa to sleep. In some areas (most of the world), you can anchor out every night. In fact, that is often the only choice. In other areas, (western Med and heavily populated parts of the US come to mind) you need to use a marina or at least pay for a mooring. This can really push up the cost and kill a budget. So consider where you want to cruise.

My other thought, is that it is really nice to have an emergency fund to fall back on. We cruise economically for the most part but have money available for big ticket items that are unexpected. For example, we had a $7000 hospital bill in South Africa a few months ago, not to mention the extra costs of flights to Canada. Not sure what the $500 a month people do if they lack an emergency fund when there is major engine work to be done or a sail blows out and can't be fixed.
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Old 03-22-2013
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Re: Retirement Sailing

I will start my "learning" phase in the Chesapeake Bay. I live in Maryland so it is close to home. My eventual goal is to sail between Martha's Vineyard and Key West. This will be my preferred area as i see it. Good points about the emergency fund! Always need to have one of those just in case.
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