Cruisers Forum

Join CruisersForum Today

Thread Tools Rate Thread Display Modes
Old 22-06-2010, 07:30   #31
Marine Service Provider

Join Date: Oct 2007
Boat: Endeavour 42CC
Posts: 1,182
thnx for the link to the calculator.

i'll dig up my statement and see how rich I am.

gettinthere is offline   Reply With Quote
Old 22-06-2010, 08:06   #32
Registered User

Join Date: Mar 2008
Boat: Morgan, O.I. 33' Dutch Treat
Posts: 414
I am 47 and recieve SSD (disability) have for a number of years now, from a back injury.

In 2007 I desided to buy a boat and live on it. It took some time but I started sailing and found I could do it with help.

My back injury was from a 21' fall while at work so I did recieve a number of settlements to help me get started and set some money aside.

The SSD amount is desided by how much you paid in over the last 10 years you worked, so it will be different for all(they do have limits).

When I first became disabled I recieved a lump sum and used a part of it to buy the boat while saving the rest to hold me over while waiting for the other 3 settlements I would recieve.

About two months ago I recieved two settlements and placed one into investments while the other was spent to upgrade the boat, repower, new a/c heat all elcetronics.
This became alot more costly than i had plan but still was able to do without going into my investments.

I can tell you now alot of things will come up when you refit a boat so whatever budget you set by the end it will be double. I started with a Budget of $15K but we are around $25K as of right now on the upgrades.

My wife and I plan to travel the Great loop on my monthly SSD income, I do not see any reason this can not be done. The cost to live at a dock is more than you spend to live while traveling, unless you spend alot sight seeing.

If you plan to live on a low monthly income you had better plan to have your boat as self supporting as you can aford, ie. wind gen, solor and so on.

I guess in short I am saying that you can live and travel on any income amount if you plan things right. oh alittle good luck helps.

wish you all the best,


johnar is offline   Reply With Quote

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
Cruising Kitty - Social Lending TugTubPaul Dollars & Cents 19 15-01-2013 07:04
Cruising Security: Safest Countries MarkJ Cruising News & Events 73 20-10-2010 04:37
The 50 Dollar Cruising Club (as a New CF Social Group ?) - Any Thoughts ? / Input ? David_Old_Jersey Dollars & Cents 45 09-06-2010 11:08
Social Security & Cruising? delmarrey Dollars & Cents 50 10-02-2010 18:37

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 17:35.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.