Buying a Yacht for Your Retirement

If you’re ready to retire, you can live an exciting lifestyle on a beautiful yacht. What could be better than spending your time cruising to exotic, scenic destinations? Before you buy a boat, there are some important questions you should answer. Your answers will impact the type of boat you buy, how much it will cost, and where you can dock it.

What Type of Boating do You Enjoy?

The type of boating you enjoy will influence the type of boat you need. Do you enjoy long-distance offshore sailing, coastal or lake day-sailing, cruising around tropical islands, or deep-sea fishing on a sunny afternoon? If you plan to live aboard your yacht, the size of the boat is extremely important. For two people, a 38-foot to 42-foot sail or power boat is a manageable size. It will provide multiple, comfortable living spaces and adequate privacy at an affordable price.

Do You Prefer a Sail Boat or Power Boat?

If you prefer a laid-back, relaxing lifestyle and feel that getting to your destination is half the fun, a sailboat may be a good choice for you. If you prefer getting to your destination quickly so you have more time to see the sights, you may be happier with a power boat. Both types of boats require seamanship knowledge and experience, as well as marine maintenance, but they offer different approaches to your lifestyle and journey.

Do You Prefer a Used or New Boat?

To answer this question, you’ll need to consider a realistic budget that’s comfortable for your retirement. New boats will cost more money, but you have the luxury of adding custom features to get exactly what you want. The used boat market is huge, especially in Florida, so you may have more room to negotiate price. For example, a new 2015 model 36-foot Island Packet starts at around $350,000, while a comparable 37-foot or 38-foot model that was built in the 1980s often sells for about $150,000. That’s a big difference in price!

When you’re buying a boat, there’s a lot to consider. It’s important to think about the lifestyle you want and your budget limitations. If you’re ready to retire in style, check out Sabre yachts for sale to begin the next exciting chapter in your life. You’ll find a variety of beautiful yachts with different accommodations and features to fit your lifestyle and your budget.

One thought on “Buying a Yacht for Your Retirement

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