Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 02-03-2012, 12:20   #1
Registered User

Join Date: Jan 2011
Boat: Actively in the market again
Posts: 1
pirate Cruising on a Military Pension

I have scoured the site and see nothing fairly new about Cruisers living the dream on a Military Pension...

Anyone out there?

For me: I figure that worse case scenario, my wife, daughter and I will have $25,000 a year from my Military Pension (probably a bit more). I'm confident with that, savings and investments, we will be able to live the life for infinity (or I die, which ever comes first ).

My hope is to find other Military that are planning this or are currently doing this.
__________________

__________________
armyblues83 is offline   Reply With Quote
Old 02-03-2012, 12:44   #2
Registered User

Join Date: Jan 2011
Location: PNW
Boat: custom teak ketch 48' Eastwind
Posts: 607
Images: 9
Re: Cruising on a Military Pension

RA all the way! Got my degree at the university of South Vietnam 68 -69.
__________________

__________________
Geoduck is offline   Reply With Quote
Old 02-03-2012, 13:07   #3
Don't ask if you can't handle it
 
sailorboy1's Avatar

Cruisers Forum Supporter

Join Date: Jul 2007
Location: On the boat somewhere
Boat: Hunter 410
Posts: 12,311
Re: Cruising on a Military Pension

I feel you can cruise/live on a boat for $25k/year IF: the boat is paid for, equipped to so, and is in good general condition.
__________________
jobless, houseless, clueless, living on a boat and cruising around somewhere
sailorboy1 is offline   Reply With Quote
Old 03-03-2012, 06:53   #4
Registered User

Join Date: Mar 2008
Location: Akron, Ohio
Boat: Bristol 29(1967)
Posts: 595
Re: Cruising on a Military Pension

Well, I'm "sorta" eligible for a kind of V.A. pension(a supplement), that will go far as soon as I reach 65 and at about $1000 a month, I hope to be living "high on the hog", comparatively.

Don't forget to add the worth of the medical care too.
__________________
SURV69 is offline   Reply With Quote
Old 03-03-2012, 07:07   #5
Registered User
 
Greggegner's Avatar

Join Date: Nov 2010
Posts: 406
You can also get a deal at some nice marinas. My friends stayed near Norfolk for quite a while cheap.
__________________
Greggegner is offline   Reply With Quote
Old 14-08-2012, 03:49   #6
Registered User

Join Date: Feb 2008
Location: Peter's Creek, Alaska
Boat: Sailing R/C models while I save for the real boat!
Posts: 9
Re: Cruising on a Military Pension

ArmyBlues83- Active Duty AF here. 5 years from retirement eligibility. Been saving for about 5 years. Depending on how much I've gotten socked away for the boat by then, I may stay till 22. I'll be E-8 by the time I hit 20. I think with currrent figures, it works out to about $24K/yr. I figure the old "You spend what you make" adage holds true here.
__________________
LiveLife76 is offline   Reply With Quote
Old 14-08-2012, 07:12   #7
Registered User

Join Date: Feb 2008
Location: Mobile, AL
Boat: Island Packet IP38
Posts: 50
Re: Cruising on a Military Pension

Hi,
I have been doing it for almost 5 years now. There are a lot of great military marinas. All the marinas allow transients some allow liveaboards. Shopping at the PX and commisary when we are in the US saves a bunch. We spent 2 months cruising the Bahamas this year and we are looking at Mexico next year. I find it much more affordable than living on the dirt if you are capable of doing your own maint. If you love the ocean I don't think you can find a much better retirement plan.
__________________
Bucky205 is offline   Reply With Quote
Old 14-08-2012, 08:03   #8
cat herder, extreme blacksheep
 
zeehag's Avatar

Cruisers Forum Supporter

Join Date: Jul 2008
Location: furycame alley , tropics, mexico for now
Boat: 1976 FORMOSA yankee clipper 41
Posts: 17,770
Images: 56
Send a message via Yahoo to zeehag Send a message via Skype™ to zeehag
Re: Cruising on a Military Pension

an individual is able to cruise on less than 20k per year. folks i know are cruising on less than 15k per year--but they do their own work. they spend less than 300 dollars per month on foods and eat very very well. (as long as they are out of usa waters, wherein all is so pricey is unreal and very unfortunate)
inside usa, there are marinas that cater to miltitary--vets as wellas active duty. there are also boats for sale in these marinas. you may wish to check them out. good luck and have fun!
zeehag is offline   Reply With Quote
Old 18-08-2012, 22:04   #9
Registered User
 
JerseyMermaid's Avatar

Join Date: Aug 2012
Location: OBX, NC
Posts: 68
pirate Re: Cruising on a Military Pension

My husband is 13 yrs AD USCG and we're currently discussing ditching dry land for living aboard. Will take a fair amount of planning, but I love hearing that there's stuff out there for military folks.

Happy to discuss further, if you like. I'm really green to this, but he's been a plankowner for most of his career and only on land for two tours. Salt is in our souls!

Fair winds, following seas...

~Danielle
__________________
JerseyMermaid is offline   Reply With Quote
Old 18-08-2012, 23:13   #10
Marine Service Provider

Join Date: Aug 2006
Location: US/MX West coast
Posts: 465
Re: Cruising on a Military Pension

We have friends out cruising with their kids on less than $25K/year. We spent under $1K/month with just the wife and I.
__________________
islandplanet is offline   Reply With Quote
Old 18-08-2012, 23:17   #11
Senior Cruiser
 
maxingout's Avatar

Cruisers Forum Supporter

Join Date: Dec 2006
Location: Fort Pierce, Phoenix
Boat: Privilege 39 Catamaran, Exit Only
Posts: 2,606
Re: Cruising on a Military Pension

As long as we don't break things, eat in fancy restaurants, and take expensive tours, we can live on $500 to $1000 per month when cruising and anchoring out.
__________________
Dave -Sailing Vessel Exit Only

http://SailingUNI.com
http://maxingout.com
http://PositiveThinkingSailor.com
maxingout is offline   Reply With Quote
Old 19-08-2012, 10:33   #12
Registered User
 
JerseyMermaid's Avatar

Join Date: Aug 2012
Location: OBX, NC
Posts: 68
My husband will like those numbers. Tho I know it will fluctuate greatly given the size of the boat, living style, mooring/marina costs and where we are located. Currently in Cape May, I think mooring is no terrible headache but with his next transfer things could be tricky depending on the location. All depends upon his next promotion, which will either be Warrant or Master Chief. Yayyyyyy the wait.
__________________
JerseyMermaid is offline   Reply With Quote
Old 24-08-2012, 20:24   #13
Registered User

Join Date: Aug 2012
Location: Pennsylvania
Posts: 7
Re: Cruising on a Military Pension

To all who posted that served: Thank You.

JerseyMermaid, Thank you for your service as well, it takes a special kind of woman to stick with a Military man for the long haul.

I am determined to live aboard/circumnavigate on a modest disabled Vet. pension, and hope to supplement that with occassional work as a helicopter mechanic.

I just need to get a boat first, and sailing lessons/experience, and a tons of other stuff that I had no idea about until I found this forum.

Good Luck!!

William the would-be-wanderer
__________________
WannaBeWanderer is offline   Reply With Quote
Old 24-08-2012, 21:09   #14
Registered User

Join Date: Nov 2011
Location: Montegut LA.
Boat: Now we need to get her to Louisiana !! she's ours
Posts: 3,421
Re: Cruising on a Military Pension

Welcome !! lots of folks cruise like Connie and I for less than you will have to go on !!We spend from 800 to 1200 dollars a month depending on whether or not we go to marina ! At 800 bucks we don't do much dineing out LOL but we still eat better then a lot of shore folks, what with there fast food and such !! We spend most of our time at anchor, and eat a lot of fish and Local veggies, and when in Mexico we eat and freeze a lot of beef !!How much cruiseing costs depends on your lifestyle !! It can be close to the bone like us with our Older Mono Hull at anchor or more expensive in a way newer boat ! but either way ya need to do almost ALL of the work aboard your self in order to cruise for less money !! just our 2 cents
__________________

__________________
Bob and Connie
bobconnie is offline   Reply With Quote
Reply

Tags
cruising

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Any Classic Car Enthusiasts on Board ? deckofficer Fishing, Recreation & Fun 319 14-04-2014 06:26
Buying a Cruising Chute TOPGALLANT32 Deck hardware: Rigging, Sails & Hoisting 9 18-11-2012 16:44
The Hidden Dangers of Cruising svpattyd Liveaboard's Forum 79 18-04-2012 15:22
Bahamas Cruising Areas - Recommendations Please prroots Atlantic & the Caribbean 75 12-04-2012 19:56
Question on Tipping in US Marinas LaVieSB Liveaboard's Forum 74 02-03-2012 06:20



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 06:41.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.