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View Poll Results: I would splurge on a $10,000, one week long vacation if my net worth is
ZERO (live now, pay later) 1 1.05%
at least 100K 0 0%
at least 250K 0 0%
at least 500K 3 3.16%
at least 1 million 17 17.89%
at least 2 million 25 26.32%
at least 4 million 26 27.37%
Never, regardless of my net worth 14 14.74%
Just before I die, so I can die broke 4 4.21%
Other. Please explain. 5 5.26%
Voters: 95. You may not vote on this poll

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Re: Expensive vacation?
Old 12-06-2006, 03:24 PM   #21
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Re: Expensive vacation?

Quote:
Originally Posted by donheff
The amount we have budgeted for travel in retirement is pretty outrageous.
Same story here.

However, it's relative. When we married (37 yrs ago) we had nothing (but each other) and the idea of a vacation was eliminated by having the "triple goal" of acquiring food, clothing, and shelter. It wasen't a requirement then, nor now.

We're fortunate to have had a "good ride", resulting in having our retirement budget for travel being set at slightly less than 20% of our net income. That's good in a way, since travel is a "want", not a "need". If something happens, we know that we can reduce our required total expenses quickly (by 20%), without impacting the "needs". As I said before, it's my DW's "passion" (I'm just along for the ride).

- Ron
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Re: Expensive vacation?
Old 12-06-2006, 03:29 PM   #22
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Re: Expensive vacation?

Quote:
Originally Posted by Ron'Da

It's good to be FI, old, and willing to enjoy life (we've earned it )

- Ron
I agree with everything except the "old" part.
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Re: Expensive vacation?
Old 12-06-2006, 03:32 PM   #23
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Re: Expensive vacation?

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Originally Posted by Bikerdude
I agree with everything except the "old" part.
How about "mature" 8)

Will turn 59 on Jan 3rd. You determine if I'm old . With some (most) of the folks posting on this forum, I guess I would be considered "ancient"...

- Ron
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Re: Expensive vacation?
Old 12-06-2006, 04:10 PM   #24
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Re: Expensive vacation?

Quote:
Originally Posted by Cut-Throat
I caught a 'Dream Fish' there a 20 1/4 pound Sea Run Brown Trout. It was probably the best $10K I've spent in my life.
$493.83/pound or $30.86/ounce-- I hope it was yummy!

We're still trying to decide how to spend our money on blowout vacations. Right now the pier-jump fares on NCL's interisland cruises are more than hedonistic enough. Part of our concern is spoiling a teenager's sense of entitlement...
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Re: Expensive vacation?
Old 12-06-2006, 04:11 PM   #25
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Re: Expensive vacation?

Hey, that's how much it costs to go to Antarctica and I intend to do that one day. $20K - there will be two of us. It'll take longer than 1 week though.

Audrey
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Re: Expensive vacation?
Old 12-06-2006, 04:34 PM   #26
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Re: Expensive vacation?

We're budgeting over 20K for 2 weeks in Europe on a cruise in June, similar to Grumpy's.
We're taking our kids (1 in college, 1 in high school) because we consider it part of their education. We'd rather take them on a land trip, but frankly this is much easier and we can sample several different countries and then return for a land trip in the future.

It's expensive, but DH and I had kids later in life and we are more than ready to go back to exploring the world. We traveled quite a bit around the world before they were born and really miss it. It will be our last chance for a family trip before older son graduates from college and begins his career.

We've lost parents and close friends in the past couple of years, and this has convinced us that we need to enjoy some of our dreams now, while we can.
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Re: Expensive vacation?
Old 12-06-2006, 08:21 PM   #27
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Re: Expensive vacation?

$10k for a week......not me! Heck, this year the 2 of us vacationed for about six weeks total ( 2 - 2-weekers, and several shorter ones) and spent less than $10k total!!! We stay at nice, clean (cheap) hotels, since we are basically in our room only at night to sleep!

We're either walking the beach, exploring the area from a "local's" point of view...finding interesting out of the way, off the beaten path places to eat/shop/etc. We played in 7 of our National Parks this fall!!! Just spent this past extended weekend in Nashville enjoying the entertainment, and exploring some.

Personally...and this is just me....I would rather be hanging out in Mallory Square in Key West watching the sun set, than going to some 'exotic' locale. I've travelled some overseas, but much prefer to travel here in the States....just my pref!

I guess you could say that I'm just a laid back beach bum!!!
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Re: Expensive vacation?
Old 12-06-2006, 09:26 PM   #28
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Re: Expensive vacation?

CT - It looks like you went on vacation with Thurston J. Howell III and wife! (remember Gilligan's Island?)



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Re: Expensive vacation?
Old 12-06-2006, 09:27 PM   #29
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Re: Expensive vacation?

We've spent that much on a week when we were both working with limited vacation time. Money can often be traded for time if you are in a hurry. Since retiring, we tend to spend less on equivalent travel to that we did in our working days. But if it took $10K to do something we wanted to do, then I wouldn't hesitate.

DW and I would probably not spend that much on Fiji (no interest). On the other hand, a lot of people would probably be willing to spend $10K not to do the things we enjoy.
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Re: Expensive vacation?
Old 12-06-2006, 10:59 PM   #30
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Re: Expensive vacation?

We are going to the Caribbean for 3 weeks in January. The house we are renting is like $3100 per week + 8% Tax. I figure by the time you do the food, pay our nanny, plane tickets, etc. this trip will be in the $20K range.

Our honeymoon in Maui was 11 days and had a cost of about $7K.
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Re: Expensive vacation?
Old 12-06-2006, 11:39 PM   #31
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Re: Expensive vacation?

I vacationed in Nicaragua for 3 weeks for about $850 total. I slept on the beach (free). I ate coconuts (free) and peanut butter (cheap). Sometimes I would stop and eat lunch or dinner for $1 at a local restaurant. Most of the money went for airfare, hotels on the few days I needed them, surf board rentals, and transportation. It was a great trip and I remember thinking that the tourists staying at the 5-star places were missing out on the real country. Maybe when I get older I will lose my taste for coconuts and peanut butter.
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Re: Expensive vacation?
Old 12-07-2006, 08:38 AM   #32
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Re: Expensive vacation?

I spent $750 on 6 weeks traveling in mexico (including transportation to/from North Carolina to Mexico and buying a lunchbox full of silver items). I told my wife that if do anything like that, we'll stay in the $20/night hotels instead of the $5-10/night hotels! I am a cheap bastard though.
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Re: Expensive vacation?
Old 12-07-2006, 09:38 AM   #33
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Re: Expensive vacation?

Interesting. Tell me more about your Mexico trip. When, where, how many in your party, etc... I'm about to leave for Mexico for a month long trip myself.

As for my most expensive vacation so far: $5,000 for a 10 days ski trip for my family of 4. $500/day is my upper limit unless I win the lottery, but that would never happen because I don't buy lottery ticket :
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Re: Expensive vacation?
Old 12-07-2006, 09:55 AM   #34
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Re: Expensive vacation?

Quote:
Originally Posted by macdaddy
Maybe when I get older I will lose my taste for coconuts and peanut butter.
Maybe, maybe not. But you will lose your taste for doing the coconut and peanut butter thing exclusively!
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Re: Expensive vacation?
Old 12-07-2006, 10:44 AM   #35
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Re: Expensive vacation?

Quote:
Originally Posted by Sam
Interesting. Tell me more about your Mexico trip. When, where, how many in your party, etc... I'm about to leave for Mexico for a month long trip myself.
Sam, where are you going in Mexico?

I found a few posts I wrote earlier about the topic. If you want to peruse my other posts about mexico, click on "search" at the top of the page, the "advanced search", then search on mexico and put "justin" in as the user. Looks like 10-20 posts by me.

Here's what I wrote in an earlier post (it's long):

http://early-retirement.org/forums/i...87732#msg87732

"It was like the typical "backpacking through Europe trip that college grads do after graduation (except I did it over the summer while still an undergrad). We mostly traveled by bus for long distances (including 1600 miles from Raleigh NC to Laredo, TX on Greyhound - it as an "experience"). We crossed the border on foot into Nuevo Laredo, hopped a bus to Northern Mexico (Monterrey), went to Tampico on the gulf coast, then traveled down the gulf coast, stopping occasionally. We ended up in Veracruz, MX for a week (nice beaches and Caribbean atmosphere, and summer is the off-season apparently). From there we went to Jalapa (namesake of the jalapeno pepper, nice quaint college town, bohemian, very hilly, chilly at times due to high altitude). Then to Puebla for a while, then on to Mexico City (Distrito Federal or D.F. to locals) for about 10 days. Then we went to Cuernavaca for a week where I had lived for 6 weeks the previous summer for study abroad. Met up with the host family I stayed with and knocked back a few 4 for 1 coronas at the town square. Bumped in to some buddies at the bar. Took two side trips at this point to show my wife (gf at the time) some neat spots I went to while in Mexico a year prior to our vacation. The first was Tepoztlán (big pyramid after a 1000' almost vertical hike, lots of new-agey mystical powers there supposedly - think Taos, NM). The second side trip was to Taxco (old silver mining town - lots of cheap silver) I think for the day. After that, we went on the long bus ride back to Monterrey where we stayed for another 4-5 days or so to recuperate (I got pretty sick) before the long bus ride back to Raleigh.

I think we stopped at a few other places along the way that we decided didn't look too pretty, so we continued on, and as a result, I've forgotten their names. We made a general schedule of where we'd go before we left, but it changed from day to day depending on how cool a city was, or if we needed more time. We were exhausted at the end of the trip and decided to skip Queretaro and another city and just relax in a sweet little hotel in Monterrey. The route was a big loop around the northern, eastern and central parts of Mexico. We walked a lot, especially once we dumped our luggage off at the hotel. But 1-2 miles with luggage was pretty much the norm. We picked hotels mainly based on price, but tried to get in the center of the action.

Great trip overall, but we did get homesick at points due to culture shock. Very relaxing though. None of the typical one week vacation crap of getting up at 6:00 am every day to cram as much activity into your day as possible. We'd wake up at 9 or 10 or whenever the maid started knocking to clean the room. Go out for a pastry at the bakery or pick up something at a street vendor or the local market. Go check out something on our touristy list. Stroll through the parks, sit and watch people, lots of amazing museums and artwork (loved the murals). Went to the National Ballet. It was a very amazing trip that changed my life I'd say. I hope to do a similar trip again sometime in the near (and far) future.

Here's another excerpt from an earlier post of mine on this topic:

"My last vacation to Mexico was 6 weeks. My wife and I spent $1400 total. This was in 2000. This amount included everything we spent from when we left North Carolina till we returned (from buying souvenirs (lots of silver!) to the transportation to/from Mexico). We were very stingy with money. We didn't have to pay for health insurance, but I think we had to buy some pharmaceuticals. This works out to about $1000 a month. We stayed in crappy hotels frequently. We ate out a lot, went to some touristy things (museums, attractions, etc), travelled extensively by first class bus (they have cafes on those buses!!!). We also spent a lot of time relaxing and buying food at the grocery store/bakery. Getting by on $1000 a month in Mexico would be possible, but it would be lower class by our US standards. Double that amount, and you could have middle class probably. For $3000-4000/month, you could live the high life (within limits). Take a month off and rent a place down there to see for yourself."
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Re: Expensive vacation?
Old 12-07-2006, 10:53 AM   #36
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Re: Expensive vacation?

Quote:
Originally Posted by justin
Sam, where are you going in Mexico?
Justin,
Thanks for the response.

Nowhere and everywhere. It will be a month long road trip with no fixed destination. Most likely, a clockwise trip around Mexico starting in at the Brownville border and ending at the San Diego border.

I tried it once 2 years ago, and was about 150km from Mexcico City when I got an emergency phone call from home. I had to abort the trip after only 7 days. Hopefully, I will complete it this time.

One question: How was your Spanish at that time? Now? I didn't and still don't speak a word, but do a pretty good job guessing the writing (french background). With the help of a dictionary, I was able to communicate with a hotel worker that all I wanted was a 10 min shower and not a room. It took about 30 minutes, but I did it and it cost us $2USD
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Re: Expensive vacation?
Old 12-07-2006, 11:29 AM   #37
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Re: Expensive vacation?

Quote:
Originally Posted by Sam
One question: How was your Spanish at that time? Now? I didn't and still don't speak a word, but do a pretty good job guessing the writing (french background). With the help of a dictionary, I was able to communicate with a hotel worker that all I wanted was a 10 min shower and not a room. It took about 30 minutes, but I did it and it cost us $2USD
I was nearly fluent at the time, and my wife (at the time my girlfriend) was conversant. Now, I'm probably somewhere between fluent and intermediate since I'm out of practice. We were able to save a lot of money and see and do things that non-fluent speakers couldn't have done as easily.

10 minute shower? Ducha. Quiero diez minutos solamente. Cuanto cuesta?
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Re: Expensive vacation?
Old 12-07-2006, 02:06 PM   #38
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Re: Expensive vacation?

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That is Jimmy Carter on the Magazine Cover, smiling after catching his Sea Run Brown Trout on the same Argentine River.
We saw pics and heard stories about Jimmy Carter in Tanzania when we went - he stayed in the same lodge we did (con-SID-erably less posh than yours), and climbed the mountain too.

That guy gets AROUND!

Seriously, if there's a guy who knows how to live right, I think it's Jimmy -- he's got spirituality, family, good friends -- he travels, is widely read, writes books himself and remains involved in causes which are important to him.

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Re: Expensive vacation?
Old 12-07-2006, 02:11 PM   #39
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Re: Expensive vacation?

We stayed at a lodge near Crater Lake in Oregon that he had stayed at too. He DOES get around!
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Re: Expensive vacation?
Old 12-07-2006, 02:39 PM   #40
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Re: Expensive vacation?

Quote:
Originally Posted by justin
I was nearly fluent at the time, and my wife (at the time my girlfriend) was conversant. Now, I'm probably somewhere between fluent and intermediate since I'm out of practice. We were able to save a lot of money and see and do things that non-fluent speakers couldn't have done as easily.

10 minute shower? Ducha. Quiero diez minutos solamente. Cuanto cuesta?
Good for you! I need to go beyond the the basic Hello, Thank you, and How Much.

Here's Google's translation: Skillful. I only want ten minutes. Whichever hill?
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