On Fri, 15 Dec 2006 20:12:52 -0500, chuck wrote:

Woodsy wrote:
"In my youth" I went half way around and back. At the helm a lot of
the way in a big USN way. "As I age" I wish to do it all the way
around. My wife and I will be in South Florida for vacation the week
of Christmas, and would like to look at ?catamarans? capable of a
circumnavigation. We would not be able to purchase before next fall,
hinging on the sale of everything we own to accomplish this dream.
Is there a polite way to view boats in the $100k to $150k range while
not feeling that we are taking advantage of some brokers time, or a
private individual's time, knowing that the boats we look at will have
been sold by then? (I also wonder if SO will be able to handle the
small quarters)

Is it realistic to think that a well equipped boat, with $100k in the
bank will last? 5?, 10?, 20 years till social security kicks in?

There are no answers to the financial questions beyond the here and now.
Will Social Security be around in 5, 10, or 20 years? Will the
purchasing power of the dollar even remotely resemble its current level?
A $100k boat may hold its value far better than $100k in a bank.

$100k for 20 years is $416/month (no interest calc), seems slim and un
realistic. $2500 for 40 months more like it. We are just looking at
doing it "young" vs too old, perhaps, to enjoy it. If all went well,
retirement fund and SS and 401K is new boat (today's $) with no
worries about refit and fun, although the fun may be less!


The key issue, Frank, is whether you would go ahead with the venture
even if you thought the money wouldn't last. That makes it much easier
and probably more honest as well.

I want to, and the pressure from SO is mounting. I am a stick in the
mud! She is a short fuse of a redhead. I have traveled and had
adventures up till about 10 years ago, she has not. We planed, (well I
did) this at retirement with the farm to come back to if it got to
much, or health reasons, or just a good place to croak. Going now is
burnt bridges and no bailout other than to return to the work force at
an age where retirement should be in the sights.



Looking for input, thank full for your time.

Frank and Gail.

(and is "Gail Wins" a bad name for a boat?)


How does Gail see that?

It was her idea! (damn the torpedo's, full speed ahead)


Good luck!

Chuck

----== Posted via Newsfeeds.Com - Unlimited-Unrestricted-Secure Usenet News==----
http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+ Newsgroups
----= East and West-Coast Server Farms - Total Privacy via Encryption =----
--

Woodsy,
Off the Grid, Off the Road, Off my Rocker...