7 places to retire for people who love cruises

Table Of Content

• How to Retire on a Cruise Ship: Cost Calculations & Advice
• Lifelong learning
• Ask Any Financial Question
• Are You On Track For A Happy Retirement?
• Which activity is most important to you during retirement?
• Residential cruise ship living for retirement
• Hey, Did We Answer Your Financial Question?
• Convenient Port Canaveral “Park & Cruise” Hotels

An individual stay at an assisted living facility cost $48,000 an average in 2018, according to Genworth Financial. With some planning and bargaining, you could cruise for a comparable amount. I advise all of my financial planning clients to think first about what they want from retirement and then figure out how to fund that vision. That advice is especially important in deciding whether to retire at sea.

How to Retire on a Cruise Ship: Cost Calculations & Advice

While you will have the opportunity to explore the world and meet lots of new people, you may find yourself missing the people you left behind. Plus, the cabin you book might not be designed for senior living, the way apartments at a retirement home or senior living community would be. You'll also have fewer options for cable TV plans and phone calls and Wi-Fi costs will be pricier than on land.

Cruise ship retirement: Florida couple books 3-year cruise - FOX 35 Orlando

Cruise ship retirement: Florida couple books 3-year cruise.

Posted: Wed, 20 Dec 2023 08:00:00 GMT [source]

Lifelong learning

Where all your needs are met and retirement is a never-ending vacation. Travel Tips for Costa RicaReview recommendations here if you plan to travel or retire in Costa Rica. Regions of ItalyYou will discover breathtaking views just about anywhere in this country. Depending on which regions of Italyyou want to experience, make sure to dress accordingly.

Ask Any Financial Question

You'd have to manage prescription medications from a distance for long periods of time, and schedule time off the ship for routine checkups. Any medical emergencies might require you to be airlifted from the ship, and the distance to the nearest hospital could be quite far. The 165 residences in The World range from studios to three-bedroom condos, and prices start at $600,000 without the annual fees.

Here are some places to retire less than three hours drive of some of those biggest cruise ports. Sit back and enjoy unrivaled views of the ocean as you travel to the world’s most spectacular destinations, like sun-soaked ports in the Caribbean, exciting towns in Alaska, and fascinating cities in Europe. Allow our dedicated team of concierges and Personal Retreat Hosts to handle all the details, both large and small, while you spend a relaxing and reinvigorating vacation aboard one of our cutting-edge ships.

'We Bought a Home on a Cruise Ship': A Wonderful, Novel Way To Retire - Realtor.com News

'We Bought a Home on a Cruise Ship': A Wonderful, Novel Way To Retire.

Posted: Fri, 29 Mar 2024 07:00:00 GMT [source]

An additional advantage is having all your meals prepared and served at your convenience. Forget the days of grocery shopping and meal planning; when you retire on a cruise ship, leave all the work to the chefs. Guests will never tire of the culinary options on cruise ships, as there are endless choices! Lastly, retirees can also relish the daily cabin cleaning and the overall cleanliness maintained on most cruise ships. Although many cruise lines charge additional fees for laundry services, sheets and towels will be replenished at guests’ convenience. For many, the golden years are a time to explore, relax, and enjoy life to the fullest.

Residential cruise ship living for retirement

Holland America Line is one of the more popular lines for seniors seeking long-term itineraries. Offering itineraries ranging from 20-day trips to 133-day sailings and everything in between, guests have a variety of choices when considering extended voyages departing from the United States. In 2020, Holland America Line won the Travel Weekly Readers’ Choice Awards for the best cruise itinerary.

During days at sea, lounge at the outdoor pool aand order a refreshing drink while listening to live music. Savor world-class cuisine at the onboard restaurants and order from menus crafted by a Michelin-starred chef. Our team of reviewers are established professionals with decades of experience in areas of personal finance and hold many advanced degrees and certifications. The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. 11 Financial is a registered investment adviser located in Lufkin, Texas.

Public Holidays in ItalyBe aware that during public holidays in Italymany businesses will be closed. These holidays are enthusiasticallycelebrated throughout the country. Store essentials such as passport,driver’s license, ATM and credit cards, plane ticket, and rail pass. Repeat cruisers like Farschman are also eligible for on-board credits towards premium meals, drinks, spas and other activities that can easily reach "hundreds of dollars per voyage," Farschman said. For example, Storylines MV Narrative has several different configurations to choose from. The entry-level home is an inside studio with a virtual window, which starts at around US $1M.

Indeed, your retirement lifestyle desires might well be a bigger factor than the size of your nest egg as you contemplate taking up residence afloat. Most cruise ships offer transportation to and from the ships, as well as buses and taxis in port cities where they are docked. This price already includes the ticket cost and all other spendings done on-board including food, entertainment, and other purchases. If you suffer a serious medical emergency at sea, a cruise ship’s medical facility will be able to treat you. So, the cruise ship’s medical team would most likely have you transferred to an adequate healthcare facility, which may or may not be covered by your medical insurance.

Still, they generally stay in hotels between trips and book longer voyages, such as around-the-world cruises, to make it work. The low-end budget cruises are not conducive for full-time living, as  Angela and Richard Burk who have been cruise ship living for years state. How does the cost of a cruise ship retirement compare to a landlubber’s expenses?

Whichever ship you choose is likely to be filled with people excited to be on board. Being surrounded by young people, not just folks of retirement age, can also make cruise ship life more appealing. If you can invest in ownership or lease of a stateroom, your cost per night (beyond your purchase or rental price) can be lower than cruising traditionally. One of the biggest draws for active adults living on a cruise ship in retirement is the amount of amenities and conveniences located onboard. Dance lessons, yoga classes, and state-of-the-art spas and fitness centers are all just a short walk away.