Originally Posted by TheDrakesofWA
Yes, there are a lot of cool places here in this area.
When the wife and I retire (could be 10 years, that's the plan so far) it will be just us. We were actually looking at buying
a small lot in Caye Caulker, Belize. I do not know how feasible traveling from South Texas
to Belize would be, but that is what we are drifting towards right now. I had initially thought about sailing it, but I am not certain, as we may be living on board for some time, we may need to look at a powered boat instead.
As for budget, I am not really sure, I am really trying to get a feel for the type of boat we will need/want and then go from there. We won't have any bills (hopefully) as everything will be paid off by then, estimate of early retirement income
at about 5K US at that time. If we really decide to do this as a move, we may as well sell all the toys, so there will be a decent lump of cash depending on their value at that time (Harleys, boats, hot rods, etc). Really hard to guess where that will be, honestly.
I guess the big part is to look at the types of vessels there are, strengths and weaknesses, what can make the trip safely and with the resources it can hold, etc.
So let's say you have $150k to buy and outfit the boat and $5k/mo to live/cruise/maintain.
The $5k/mo sounds pretty decent for just a couple. The only issue might be health insurance
. If you get catastrophe insurance
that will transport you back to the US and maintain Medicare/Medicaid coverage you should be good at a reasonable percentage of your income.
For the boat $150k total means $100k to buy and another $50k to outfit. Your mileage may vary but that is a good ballpark.
Power vs sail:
-For a given length of boat you will get more living area in a power boat
. AS a guess a 30' power boat
will have the living area of a 40' sailboat.
-A power boat is also likely to be flatter, that is there won't be stairs or ladders to negotiate when you move for cockpit
. Likely you will still need to go up and down to get to berthing areas. This may be an issue as you get older or maybe not.
-I would rather be on a 30' sailboat than a 45' powerboat in a named storm, heck there a bunch of 25' sailboats and even a 20 footer I would rather be on. Sailboats have it all over power boats in heavy weather
, they can continue making distance towards the destination
long after powerboats have to adjusted their course to keep the wind
and waves coming from a preferred direction. And in the worst conditions can be hove to. Powerboats generally need to be kept head
and waves in the worst conditions which means actively steering
the boat while conditions persist.
-Even if you never put up the sails
, sailboats get way better fuel
economy than a powerboat. I have acquaintances that motored round the world
and spent $59k just for fuel
. If I recall
correctly they were getting 2-3nm/gal on a 46' trawler
type vessel. A 50' sailboat would get 5-8nm/gal.
I need to go to work now. Perhaps more blithering from me later.