When you think of retirement, you might be picturing senior villages, your condo in Florida, or simply staying in your current home. But a new trend has emerged in retirement planning: Some retirees are moving on board a cruise ship instead!
Why would anyone choose to live aboard a cruise ship? The motivations might vary from one person to the next, but most seniors cite the following factors:
A vibrant social life. When you simply choose a retirement location and move there, you and your spouse will be tasked with making your own social contacts and finding local activities to pursue. On board a cruise ship, all of those opportunities are planned for you.
Travel. When you live on board a cruise ship, you don’t actually spend all of your time on the boat. Each time it docks, you are offered a new port city to explore. For travel enthusiasts, having endless options as they travel around the world is the perfect retirement solution.
Availability of food. Cruise ships are known for their terrific meal options. Even better, you never have to cook or clean a kitchen again! Meal planning is as simple as deciding upon a restaurant, and they’re all within easy walking distance.
Entertainment. There is never a shortage of activities on a cruise ship. Whether you want to relax by the pool, enjoy a game of Bingo, play poker or take a crafts class, there is something for everyone on board most ships. Many cruise liners even have movie theaters, and you can take advantage of concerts and dance clubs if nightlife is your cup of tea.
Service. The staff on board a cruise ship is eager to please all of its vacationers. Amenities are endless, and there is always someone on call to assist you. You can enjoy everything from housekeeping and clean towels at the pool, to newspapers delivered to your door. If you need something, just ask!
Price. Many retirement communities cost upwards of 100 dollars per day. Many cruise lines offer competitive rates, and some “extreme cruisers” have reported living on cruise ships for about $30,000 per year!
If you love traveling and you don’t need significant medical assistance, living on board a cruise ship is a definite possibility. However, as with all matters regarding retirement planning, you should discuss the idea carefully with your financial advisor. Make a solid financial plan to cover your expenses, and you could live out your retirement dreams at sea.
