I disagree that you have to be independantly wealthy to go cruising, but it sounds like you might have to be wealthy to go cruising in the style that you want.
My wife and I sold our cars and possesions for a total of $15,000. We bought a 30' sailboat for $12,500 in the Chesapeake, then spent the next 7 years living aboard
and travelling between there and the Caribbean
. Yes, we had to stop and work periodically. We'd work six months to a year or so while living at anchor
to save up a few thousand dollars and then take off again, usually going a year or so and getting down to nothing before we found work again. Sure, it's hard looking around at all the older retired folks who didn't have to work anymore, had bigger boats, steady retirement income
, but I knew they had worked for a lot of years to get to that point and I hadn't. I was poor and that part sucked but I was young and didn't need a windlass
, or a fridge, or a shower
on the boat, or the other luxury items that we couldn't afford. You either go with what you have or you admit that you don't want it bad enough.
After 7 years we got to that point. I know it's hard trying to cruise
while living on your capital. We decided to sell the boat and work towards building income
generating assets. As soon as our house sells and we can get our equity back out of it we're going cruising again. It won't be on the boat that I'd love to have. It will be old with it's share of problems(but newer than the last one which was a 1962) And we won't have piles of money
or be independantly wealthy but I know that as long as we want it bad enough we can do it, and we can get out there, and have fun with it. You'll never feel like you have enough money
. The boat will never be completely ready. You may not even think it's the right boat; but the right boat is the one that takes you cruising. And the right amount of money is what you've got in your pocket when you think it's time to let the lines loose.