Like many on here we are approaching our retirement, May 2016. If we retire then we will have a good pension and money in the cursing kitty so income is fine.
The question is this... May 2016 I will have up to $75k total in hand for the boat, $50k for the boat and $25k refurb. If I work one additional year I can put close to $100k in the bank for the boat. That would take us from say a 37 1990's boat to maybe a new Jeanneau 349 or Beneteau 35.
I'm very handy and can take of most of the medium to small work myself on the upkeep.
Do you go as soon as you can with a nice serviceable boat or work one more year for a new cruising boat?
Thanks for the input...
Carlton
The question is this... May 2016 I will have up to $75k total in hand for the boat, $50k for the boat and $25k refurb. If I work one additional year I can put close to $100k in the bank for the boat. That would take us from say a 37 1990's boat to maybe a new Jeanneau 349 or Beneteau 35.
I'm very handy and can take of most of the medium to small work myself on the upkeep.
Do you go as soon as you can with a nice serviceable boat or work one more year for a new cruising boat?
Thanks for the input...
Carlton