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Besides all fare-included amenities and onboard activities, this type of travel offers for just GBP 4,439 more per year to swap the UK's never-ending rain with tropical sunshine. Based on a 12-month cruise itinerary, retirees could expect to visit New Zealand, Australia, Pacific Ocean islands, USA, Southeast Asia, the Caribbean, canaries. These exotic travel destinations would be visited while aboard some of the world’s finest cruise liners with 24/7 entertainment, spas, gourmet dining. In 2017, a UK-based company (Bolsover Cruise Club) created a cruise ship retirement package making it possible to spend one's golden years on a year-round around the world cruise. The package cost only GBP 140 per month more than land-based retirement would cost.
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For that much, you’ll get meals, accommodation, entertainment and the chance to call at exotic locations on several continents around the world. The oldest and largest residential ship on the water is named The World. The World, which calls itself a "residential yacht", is the most famous ocean residence.
Accommodation Vessels SuperYachts
And for those who own a home and have their mortgage paid-off, it may be cost-effective to rent their home and use the income to pay for living on a ship. For those of you planning to make a cruise ship their home, longer voyages are probably the better option because the same route is not repeated every 7 days as it is on shorter sailings. One might choose one port and board cruises from there and time between sailings would be spent in a hotel. The majority of lines don't offer single rates and single seniors will have to pay 200% of the listed price. However, there are also cruise lines that have single cabins on their cruise ships and offer no single supplement cruises. Lots of seniors like the idea of cruise ship retirement and can make it work on their own.
What to consider about cruise ship retirement?
It recently announced that two of those ships — Carnival Fantasy and Carnival Inspiration — have already been sold. The ship is currently sitting off the coast of Venezuela, along with several other Royal Caribbean ships. Currently it is scheduled to sail 7-night trips from Tampa starting in November. In fact, sailings aboard the ship are available for booking all the way until April 2022. If the ship were to be sold, these cruises would likely either be cancelled or switched to another vessel.
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86-year-old Lee Wachtstatter is another uncommon cruise passenger. Over a decade ago, after the death of her husband, she also decided to sell her Florida home and relocate to a cruise ship. In an interview with USA Today, she explains that her husband Mason introduced her to cruising and taught her to love it. Due to set sail in late 2016 or early 2017 is The Marquette, a 200-unit residential ship that will navigate inland waters in the United States. Planned features include theatres, hot tubs, a grocery store, and an 18-hole chip-and-putt golf course.
This works out to USD 155 per day to sail the world, including meals, amenities, and housekeeping, not to mention being able to tell all your friends that you have retired on QE2. Unlike many other lines, Cunard offers single rooms, starting at USD 24,180 for an inside on the 108-day cruise. Living in a condo cruise ship helps to avoid common travel hassles like packing, unpacking, customs, lost luggage, etc. Resident families on The World come from 19 different countries, while the crew of from 40.
She determined that the net cost of cruise ship retirement was only about USD 2,000 more than the alternatives (USD 230,000 versus USD 228,000) and offered a higher quality of service. According to Lindquist, the plan would work best for retirees who need minimal care. Most cruises run from 3 days to 3 weeks, and prices average about USD 150 per day based on double occupancy, depending on the location and size of the room, on the length of the voyage and on the cruise line itself. The average price of independent living facilities is USD 2,000 per month and nearly USD 3,000 per month for assisted living facilities, so on average cruising is more expensive than traditional retirement options...
There are various reasons why an individual owner or cruise line may put a cruise ship up for sale. The reasons may include the ship being outdated or the owner not being able to maintain it. Here are a few pointers to help you if in the market for cruise ships. Everyday life onboard a cruise ship is similar to living in a retirement community or nice hotel, except that outdoor scenery keeps changing. Based on the UK's average wage of GBP 26,500, in theory, one would have been required to save an average of GBP 711 per month (if starting work at the age of 22) to afford the cost of “normal” retirement. Bolsover’s retirement cruise travel (the whole year-round cruising) costs GBP 34,439 PP, which would require you to save GBP 850 per month – an increase of only GBP 139 per month.
Cruise ships for sale
For example, many liners were repurposed as cruise ships when cruising became popular. There were also cruise ships that were repurposed as floating hotels. And since cruise ships often change hands multiple times, repurposing a vessel for its new role is very common. There are shipbrokers who might be able to help you purchase a ship built in the 1980s or 1990s, which was popular in the time, but the cruise line that owned it moved on to better vessels.
The Grand Prix course version on the yacht doubles as a go-kart course. The ship has swimming pools, cafes, spa, full-size sports court (doubles as a helipad for private helicopters), library, interior parking for smaller boats, mini-submarine. Depending upon your dream, the ship you buy may be repurposed to meet your ideas.
Ship's studio apartments are selling for more than USD 1 million, while the top suites are priced at USD 13 million. Residents pay annual fees to cover staff wages and maintenance, which can be another 10% of the purchase price. May be life at sea is an opportunity only for cashed-up retirees, not for struggling first-home buyers. The next photo shows in detail the Superyacht Streets of Monaco. The 152-m long ship is lined with scaled-down versions of Monte Carlo's' most famous buildings.
The sole alternative to such kind of lifestyle is purchasing a yacht, which makes buying a condo aboard a cruise vessel look like a steal. Some cruise lines –including Carnival — have sold ships as they look to transform their fleets in the wake of the health crisis. "I've got full-time maid service, great dining rooms, doctors, medical center (where she volunteers), a spa, beauty salon, computer center, entertainment, cultural activities and, best of all, dancing and bridge." For anyone who has struggled with the idea of spending savings purchasing a home or using it to travel the world, condo voyages present the perfect solution. These floating communities are becoming increasingly popular modes of fulfilling cruise fantasies with no need to leave the comforts of home. Rhapsody of the Seas was, in fact, built in 1997 and can carry just over 2,400 passengers.
The 78,491 gross tonnage listed on the YachtWorld website also matches the tonnage listed by Royal Caribbean. Permanent homes at sea offer all comforts of a studio or multi-bedroom apartment on land, plus unparalleled sea views. As for amenities, Royal Caribbean lists seven restaurants, youth areas, spa, salon, two pools, six whirlpools, a rock-climbing wall, outdoor movie screen, an arcade and a jogging track.
It may be less than the higher-end facilities that charge USD 6,000 per month or more, and shorter sailings can even be found for USD 100 per day, bringing them close to the price of assisted living facilities. Can cruise ship retirement be more cost-effective than the land-based one? Perhaps not if you are paying USD 164,000 per year for a premium berth. For example, prices on a 91-night world cruise aboard a Cruise and Maritime Voyages' ship start at GBP 4,387 per person.
The average age of the residents aboard The World is 64, with a solid 35% under 50. Most residents use the condos as second homes, and stay on board for a few months at a time, renting out their sea homes for the rest of the year. However, its time is coming as more and more adventurers seek new options for retirement. Even without designated cruise ships, retirees can design their own retirement at sea. It may cost more than an average assisted living but spending days lounging on the deck, ordering stateroom service, having attentive staff at hand and being treated like a client instead of a patient, sounds hard to beat. For snowbirds who shutter their winter homes and travel to warmer climates for 6 months per year, living on a cruise ship may be an alternative to Florida.
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