I know the look on peoples’ faces when I tell them that I’m thinking about my own retirement plans. You’re too young. Isn’t it too early for you to be thinking about retiring? Honestly, I’m in disbelief that people can be that retarded about planning for the future.
Finances aside, there’s also the question of vaguely formulating the actual living arrangements and logistics. No, I can’t predict the future and my life may change drastically before any of this ever comes to pass. But we’re at a point where our retirement savings has long been set up, monthly contributions are pre-authorized, annual reviews with the Financial Advisor Guy happen, we talk as things come up and things are ambling merrily along. There’s not much more I can really do about that except keep going to work every day and wonder if it will be enough.
Which raises the question: enough for what?
“Keeping up with the Joneses” is not the way to go. I need to keep up with myself. But I also need to develop some kind of measure to see how well I’m doing against myself, which isn’t easy either.
Perhaps thinking about what I actually want to do and how I want to live in my retirement will give me better focus and give my Financial Advisor Guy a better idea of my goals. It could answer some questions of how much and how aggressive my portfolio needs to be.
From volunteering at an elderly intermediate care facility, I really don’t want to stay in those types of places. It’s full of looming death in the air. Granted, that was just one place I worked at. There are other ones I can look into as well. I’ll see if that one’s any better.
What got me thinking, though, was the story of Bea Muller, who was living on a cruise ship exclusively in her retirement. I can’t remember when I saw it, but that’s a pretty nifty idea. I could see myself doing that. At least for a while. I’ve been wanting to whittle my material posessions down to the bare minimum anyway. All I need is some wireless enabled gadget, some clothes and some personal effects XD
The Port of Vancouver is a major cruise port. Between that and the lovely bed & breakfasts all over the Pacific Northwest, I think it could be a wonderful way to spend my retirement.
This is an awfully expensive retirement plan. I know that. Living onboard a cruise ship is said to work out to approximately (USD) $5000/month, plus taking into account that cruise ship prices have gone up, plus accounting for inflation. And I’ve never been on a cruise before, I really don’t know what “extras” are not included in the regular prices.
That’s definitely not including health insurance which is only going to become more important to have as I get older.
But I think it’s a good direction and goal to work towards. If I’m prepared for this, but end up doing something less expensive, then will I not do just fine? Maybe I could stay put somewhere during the winters and go wanderlust in the summers. Maybe I could find someone else who wants to run a bed & breakfast but not have the capital… I purchase the property and they run it. I don’t know.
This, of course, is a half-baked, hair-brained idea. I’m still thinking about this.