Join Date: Oct 2004
Location: Narragansett Bay
Thanked 2 Times in 2 Posts
Rep Power: 18
If I were to cast off the bowline, I would expect $16k could be used as an annual contigency budget, certainly not as a total annual cruising kitty. Our marina expenses alone cost me over $7,000/year, without maintenance and operating expenses.
However, I''m sure others are living their dreams for a short period, with such a spartan existence. That is, until reality kicks in. Living on the hook is short-lived.