So what exactly is the plan?? Well, I feel its time to clarify exactly what our intentions are.
The main goal is to buy and outfit a sailboat in the next 5 to 6 years with some kind of residual income or savings, and start a live aboard life style that will hopefully last at least 2 years. In this time we plan to create a circumnavigation hitting as many different countries and ports of call as we feel necessary. To accomplish this grand plan the following has to happen:
1. The boat!
- We intend to buy a 35+ sailing catamaran. We haven't picked a model yet but we've got a few in mind. We don't know exactly what size we need but I'd feel much more comfortable on a larger boat in heavy seas. Not to mention we need enough space to be able to get away from each other from time to time so we don't kill each other. We're hitting the Annapolis boat show in October to have a look at some. We'll narrow the selection down there and then hopefully charter some in the near future.
2. Money!
- Yeah.. going to need plenty. Depending on buying used or new and 30 to 47 feet, the cost of purchase and outfitting could cost anywhere from $200,000 to $1,000,000. Living aboard could likely be accomplished very comfortably on $30-40k a year. We've got some ideas in mind on how to make the money we may discuss later. If we reduce our cost of living enough we could totally save enough for the lower end of the scale within 5 or 6 years between the 2 of us. That's not the preferred method but that brings me to my next point.
3. Reduction!
- You can't take a whole lot between 2 people onto a 40 foot boat. I've already got a big start on this. My home is all but sold, I've thrown away a TON of stuff and sold some. Outside of furniture I don't need on a boat, all my belongings now fit in a very small area. We're working on Chris's home next. Part of reduction is reducing the cost of living as well. We both work in Atlanta. Once this house is ready we'll put it up for sale and try to move in town. This will reduce living expenses greatly by cutting down gas consumption, parking expenses, bus passes (gwinnett county bus fees are ridiculous), and wear and tear on the cars.
4. Prep!
- This is mainly some personal things like getting different certification for sailing as mentioned previously and various other things.
We'll get a full checklist up with all the details at some point that we can check off with dates so we can see exactly what's left.
So that's the plan. If all goes well, in 5 years we'll be writing this blog from a nice cove at some secluded tropical island.
The main goal is to buy and outfit a sailboat in the next 5 to 6 years with some kind of residual income or savings, and start a live aboard life style that will hopefully last at least 2 years. In this time we plan to create a circumnavigation hitting as many different countries and ports of call as we feel necessary. To accomplish this grand plan the following has to happen:
1. The boat!
- We intend to buy a 35+ sailing catamaran. We haven't picked a model yet but we've got a few in mind. We don't know exactly what size we need but I'd feel much more comfortable on a larger boat in heavy seas. Not to mention we need enough space to be able to get away from each other from time to time so we don't kill each other. We're hitting the Annapolis boat show in October to have a look at some. We'll narrow the selection down there and then hopefully charter some in the near future.
2. Money!
- Yeah.. going to need plenty. Depending on buying used or new and 30 to 47 feet, the cost of purchase and outfitting could cost anywhere from $200,000 to $1,000,000. Living aboard could likely be accomplished very comfortably on $30-40k a year. We've got some ideas in mind on how to make the money we may discuss later. If we reduce our cost of living enough we could totally save enough for the lower end of the scale within 5 or 6 years between the 2 of us. That's not the preferred method but that brings me to my next point.
3. Reduction!
- You can't take a whole lot between 2 people onto a 40 foot boat. I've already got a big start on this. My home is all but sold, I've thrown away a TON of stuff and sold some. Outside of furniture I don't need on a boat, all my belongings now fit in a very small area. We're working on Chris's home next. Part of reduction is reducing the cost of living as well. We both work in Atlanta. Once this house is ready we'll put it up for sale and try to move in town. This will reduce living expenses greatly by cutting down gas consumption, parking expenses, bus passes (gwinnett county bus fees are ridiculous), and wear and tear on the cars.
4. Prep!
- This is mainly some personal things like getting different certification for sailing as mentioned previously and various other things.
We'll get a full checklist up with all the details at some point that we can check off with dates so we can see exactly what's left.
So that's the plan. If all goes well, in 5 years we'll be writing this blog from a nice cove at some secluded tropical island.
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