Financing Your Cruise

[Wyoming pirate]

Originally Posted by smj

Since I was 30 years old we've usually cruised for 1-1.5 years then worked for 1-1.5 years. That's 23 years ago and it still seems to work for us. We have always been really frugal, meaning never owned a new car etc. Haven't paid anyone any interest in 28 years. If we can't afford it we don't buy it.

Nail-on-head!! That is exactly what has worked for us. Also having a well maintained boat setup that does not bleed your $$$ and time too badly. Live/cruise within your means and its not what you make...but what you keep. Our land time (kitty replenishment time) keeps us from burning out and after all, absence makes the heart grow fonder. Ages 53 54

I guess we don't fit in the poll very good...maybe one day...

[cwjohm]

Don't get it!!!

Most rich bastards worry about cash. In fact most still have their first $ earnt in their wallet, so cant be #5?

In regard to #4 what sort of check are we talking about for retirees? Heart check, blood pressure check?

[Hudson Force]

Originally Posted by SaltyMonkey

That would be the typical retiree box. #5
...............................

I could not see indentifying myself as category #5 because I had already been living aboard and cruising for thirty years before retirement.

Many look at these polls and don't find a fit. There's a great diversity among our community and it's hard to jam all the square pegs into the round holes.

I like the polls and I particularly enjoy the exceptions that they reveal, -not just me, but others and not just this poll.

Thanks for the poll!

[Doodles]

For those having a problem fitting themselves into a category maybe if you ask yourself "how I'm I financing my cruising TODAY it would be easier. That way you avoid the .."well, I did thid, then that and now I'm doing this." I think most everyone could answer where today's money comes from. Just a thought.

[SaltyMonkey]

Yeah, what Doodles said.

[Hudson Force]

Originally Posted by Doodles

For those having a problem fitting themselves into a category maybe if you ask yourself "how I'm I financing my cruising TODAY it would be easier. That way you avoid the .."well, I did thid, then that and now I'm doing this." I think most everyone could answer where today's money comes from. Just a thought.

Sure, but why lessen the communication. As it turns out, if I had taken the route of working the thirty-two years with buying onto the typical life patterns,- buying a house and owning "stuff"; then I would not have been able to retire to cruising at 55. In addition, I would not be able to cruise on the retirement income. I would not be cruising at all!

Actually, how someone finances their crusing most often depends on choices that they made earlier in life and not what is happening right now.

So, your right! "how I'm financing my cruising TODAY would be easier." , but it would not be useful information for those that want to plan their cruising future.

[tuffr2]

Me thinks some fishy business must finance cruising. Why all the clandestine replies?



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[colemj]

Our money comes from our savings. However, that does not fit category #4 because that category seems to assume that savings are time-limited and a return to land is necessary when they run out. On the other hand, we don't fit category #5 because we are not old enough to access any retirement benefits. And certainly not #6 because we do not have unlimited options in our cruising spending and there are scenarios that could wipe out our savings.

Mark

[SaltyMonkey]

Originally Posted by colemj

Our money comes from our savings. However, that does not fit category #4 because that category seems to assume that savings are time-limited and a return to land is necessary when they run out.
...
And certainly not #6 because we do not have unlimited options in our cruising spending and there are scenarios that could wipe out our savings.

Mark

You're contradicting in your own thoughts. You are financing through savings but you realize you might run out, or loose it, and have to come back to shore.

That would be #4. You are financing through savings. You might have to come back if your savings runs out. You don't know but you have the thought.

The questions can be interpretive and only a suggestion. They are not correlated, just suggestive from one range of $ to the other so you can pick. You either have nothing or you are so wealthy you don't care, or you are somewhere in between.

This isn't rocket science.

[Doodles]

Originally Posted by tuffr2

Me thinks some fishy business must finance cruising. Why all the clandestine replies?

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Indeed … "The lady doest protest too much, methinks."

[SaltyMonkey]

Originally Posted by CaptForce

Actually, how someone finances their crusing most often depends on choices that they made earlier in life and not what is happening right now.

So, your right! "how I'm financing my cruising TODAY would be easier." , but it would not be useful information for those that want to plan their cruising future.

whaaa?? Thats such a contradictory and convoluted a reply. And how you finance your cruise is only one sample amongst others. For if 99% of others took the standard retirement route, and are happy, thats more of a valid path to getting out there than your twist.

Don't want to participate? Fine. Don't vote.

[SaltyMonkey]

Originally Posted by Doodles

Indeed … "The lady doest protest too much, methinks."

seriously…

[Hudson Force]

Originally Posted by tuffr2

Me thinks some fishy business must finance cruising. Why all the clandestine replies? ................

Where are these "clandestine replies?" One person in post #4 said it was a very personal question, but everyone else has given answers.

[colemj]

Originally Posted by SaltyMonkey

That would be #4. You are financing through savings. You might have to come back if your savings runs out. You don't know but you have the thought.

"and WILL return to land life" is what threw me. If that was worded less absolute (or left out altogether), I may have caught on faster.

Mark

[Hudson Force]

Originally Posted by SaltyMonkey

whaaa?? Thats such a contradictory and convoluted a reply. And how you finance your cruise is only one sample amongst others. For if 99% of others took the standard retirement route, and are happy, thats more of a valid path to getting out there than your twist.

Don't want to participate? Fine. Don't vote.

No contradiction, no convolution, no twist, no lack of participation.....

Basic knowledge known by all: Choices that you make early in your life have an effect our your opportunities at retirement.