lazygood4nothinbum
Thinks s/he gets paid by the post
- Joined
- Feb 27, 2006
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in line with the dream boat thread and tied to retirement options i’m considering, i’ve been studying liveaboard costs. i thought cost information might be interesting also to landlubbers as revealing not only wide ranging watery lifestyles but especially financial attitudes of boaters both careful and carefree.
during this study, i’ve found yet another option for me as i try to keep my life interesting with respect to growing, early on in my early retirement, my portfolio to make up for my initial paper losses in the bubble and in consideration of my health and abilities which will inevitably deflate as my youth crumbles.
previous options i thought available to me ranged from staying put with summer travel, to selling house & vagabonding, both with boating later in life given portfolio growth. but within these cost studies i have found a new option of moving onto the water and living overseas.
before studying costs i hadn’t considered this option perhaps because i live in such an expensive area where boating is currently prohibitively expensive for me. just a liveaboard dock in my area would cost about $1,000/month while living in my house costs me only $600. but now i see that same $600 would get me good dockage in many other places (outside of major metropolitan areas stateside) and for up to half that i could live very well in developing countries.
of course living on the hook is often free so i could enjoy that peace and freedom. but, because i am single & concerned about socializing, for the lifestyle i’d budget marinas which can be a large expense of living aboard.
so far i’ve found dockage even in beautiful (developed) auckland, new zealand under $600/month and half that in more exotic developing locations. haulouts and labor costs also decrease dramatically in the third world compared to stateside. so for the cost of summer travels while keeping my house, i could trade the house for a boat, pocket some nice change and live well an adventurous life on a reasonable budget which should allow for portfolio growth. it is amazing to have such options.
here are some links to cruising costs which might be of interest:
annual liveaboard budgets: http://tinyurl.com/3cgp8p
includes poll. i believe the figures quoted include the entire budget, not just the boating budget. more than 50% of liveaboards live "the dream" for under $25k/year. wow. if they can do that. then i can do it to (&, apparently, much more comfortably.)
boating budget breakdown: http://tinyurl.com/2tk7wv
this also includes a poll which shows relative costs.
how much do you need to retire & go sailing: http://tinyurl.com/3a9jhv
you’re gonna just love this one considering that 23.59% respondents thought that less than $100k is all that is required (i’m assuming the boat is paid for.)
three levels of cruising: Cruising Costs
various liveaboard dockage costs: http://tinyurl.com/yrm4el
cost info from a guy who retired onto sailboat and has documented his experiences & expenses: Costs Of Buying And Cruising On A Boat
other related links:
the cost of cruising in 2006: Cost of Cruising Today 2006
costs taken from a circumnavigation: Noonsite: Lessons from a Circumnavigation Part III: Cost of Cruising
article on cost of cruising: cw_stories_9
the six-year budget of a cruising yacht: Cruising Budget
during this study, i’ve found yet another option for me as i try to keep my life interesting with respect to growing, early on in my early retirement, my portfolio to make up for my initial paper losses in the bubble and in consideration of my health and abilities which will inevitably deflate as my youth crumbles.
previous options i thought available to me ranged from staying put with summer travel, to selling house & vagabonding, both with boating later in life given portfolio growth. but within these cost studies i have found a new option of moving onto the water and living overseas.
before studying costs i hadn’t considered this option perhaps because i live in such an expensive area where boating is currently prohibitively expensive for me. just a liveaboard dock in my area would cost about $1,000/month while living in my house costs me only $600. but now i see that same $600 would get me good dockage in many other places (outside of major metropolitan areas stateside) and for up to half that i could live very well in developing countries.
of course living on the hook is often free so i could enjoy that peace and freedom. but, because i am single & concerned about socializing, for the lifestyle i’d budget marinas which can be a large expense of living aboard.
so far i’ve found dockage even in beautiful (developed) auckland, new zealand under $600/month and half that in more exotic developing locations. haulouts and labor costs also decrease dramatically in the third world compared to stateside. so for the cost of summer travels while keeping my house, i could trade the house for a boat, pocket some nice change and live well an adventurous life on a reasonable budget which should allow for portfolio growth. it is amazing to have such options.
here are some links to cruising costs which might be of interest:
annual liveaboard budgets: http://tinyurl.com/3cgp8p
includes poll. i believe the figures quoted include the entire budget, not just the boating budget. more than 50% of liveaboards live "the dream" for under $25k/year. wow. if they can do that. then i can do it to (&, apparently, much more comfortably.)
When we were remote - outback and beyond - we spent less than $500 a month.
When we were in more developed areas, we usually spent about $1000 a month unless we took tours. We didn't eat out or rent cars often.
I can easily live on $1000 per month as long as I stay away from places like Fort Lauderdale and the Mediterranean. It's a big world out there, and the best places in the South Pacific were nearly free.
boating budget breakdown: http://tinyurl.com/2tk7wv
this also includes a poll which shows relative costs.
One thing I learned through my own research is that the answer is ultimately based on a lot of personal choices and preferences.
how much do you need to retire & go sailing: http://tinyurl.com/3a9jhv
you’re gonna just love this one considering that 23.59% respondents thought that less than $100k is all that is required (i’m assuming the boat is paid for.)
I voted and I'm going cheap and nasty,I suppose that would be defined as "Sailor trash"
three levels of cruising: Cruising Costs
These boats cover the range of cruising options in the complexity of their equipment, the age and financial situation of their crews and the comfort level and lifestyle those crews wish to maintain while living aboard.
various liveaboard dockage costs: http://tinyurl.com/yrm4el
Ft. Liquordale is one of the most expensive places around.
A side tie slip at Mario's Marina on the Rio Dulce river in Guatemala is only $225.00 per month. This covers water, shore showers, and swimming pool.
cost info from a guy who retired onto sailboat and has documented his experiences & expenses: Costs Of Buying And Cruising On A Boat
.During our trip down the coastline from Ma to Fl (probably in 2000) we stopped in fourteen different marinas over sixteen days we encountered a range of fees. The high in NY was $2.50 per foot, the low in NC was $.75 per foot. Most were $1.00 per foot with exactly half charging for a shore cord and half not. As a rule the cost were lower in the area south of Va.
other related links:
the cost of cruising in 2006: Cost of Cruising Today 2006
costs taken from a circumnavigation: Noonsite: Lessons from a Circumnavigation Part III: Cost of Cruising
article on cost of cruising: cw_stories_9
the six-year budget of a cruising yacht: Cruising Budget