Retire On A Cruise Ship

The 88-year-old Florida widow kept her final promise to her deceased husband Mason Wachtstetter but choosing a very unusual means of retirement.

Retire on a cruise ship. For those who cannot afford a permanent residence on one single ship the most affordable option is to book consecutive cruises. Choosing to retire on a cruise ship or to simply call a cruise ship home and live life at sea can be an extremely rewarding and unique experience. Attesting to the popularity of cruise ships for retirement a dedicated private residential ship was launched in 2002 to meet such needs.

Travel agency The Cruise Web has launched a Senior Living at Sea program to assist travelers who want to retire at sea or at least spend months of each year onboard. However you also have the option of renting it if you are still unsure whether living aboard a cruise ship is for you. Carnival charges 1399 per person per day for automatic gratuities.

Living on a cruise ship in retirement could be a cost-saving measure for seniors who may be working with a smaller financial nest egg. A cruise ship retirement has the potential to be more affordable than a standard retirement if you were comparing it to living in a retirement home or assisted living community says Tricia Tetreault financial analyst for Fit Small Business. Remember the cruise ship is a floating hotelempty rooms cabins produce no revenuecruise ships will fill some of these rooms at low rates to certain folks.

However some seniors with a well-planned out retirement fund are opting to take that concept literally and simply retire on a cruise shipchoosing a life at sea constantly moving from place to pace on a cruise ship. You purchase the stateroom that you want to live in. The World is a private residential ship which offers studios one- two- and three-bedroom residences starting at US600000 S806000 or RM2387000.

If youre retired for 18 years that works out to 828000 in retirement living costs. Average household spending for American retirees is about 46000 per year. Over the course of a year that adds up to more than 10000 in tips paid to staff.

On the Viking Sun 54 people are sailing on a full 245-day world cruise that visits 111 stops on six continents. This can be problematic in the sense that the frugal traveler must plan carefully and they will likely need a fixed address in their home country. It is cheaper then assisted-living.