Bristol 45.5 - AiniA
Join Date: May 2006
Thanked 121 Times in 109 Posts
Rep Power: 11
Re: The economics of sailing around the world
One other thought that I have not seen mentioned anywhere is that the costs of extended cruising do not happen in a linear fashion. Some months you spend a great deal, in others not a penny. When you first start out the boat is (should be!) in great shape so maintenance is low but increases later and where you can actually buy stuff - for us this was St Martin, Grenada, Australia, American Samoa (USPS), and Souh Africa. Sometimes you have high operational costs for entry and other things. Panama was a perfect storm for this with fees, Canal costs, plus a terrific opportunity for major provisioning before heading into the Pacific.
We are now spending a great deal getting ready to leave South Africa but will spend little in the couple of months after we leave with only a few stops (St Helena and Ascension are not famous for their shopping possibilities). I guess what I am saying is that you need to have a stock of money available to both take advantage of opportunities (good, cheap provisioning opportunities)) and problems (we spent $5000 to get my hand put back together at a private hospital in SA. Without speedy and competent care I might lost use of the hand.
The whole business of paying for cruising is really complicated at many levels. For us, we paid quite a bit for the boat to have a vessel that we could be confident in. We cruise with a moderate lifestyle although take advantage of the opportunities to visit remarkable places, but (and it is a big BUT) we have a significant nest egg if we need it- this also gives us confidence and comfort.
After the refit we have decided to sell Ainia. We want something smaller that would be could for the light summer winds of Lake Ontario, although we plan to spend at least a couple of winters in the Caribbean before heading north.