When you reach retirement age, it’s time to focus on living your best life. At the very least, it ought to be. Angelyn and Richard Burk put two and two together and came up with a plan for their retirement. The couple from Seattle, Washington, who are both in their 50s, had been planning to use their retirement years to see the world. Because they like going on cruises so much, they made the decision to move from one cruise ship to another.
In addition, the cost is far lower than that of a mortgage. Yup! According to FOX 56 WOLF, the pair is able to live onboard a cruise ship for a total cost of around $43 per day, which is equivalent to $15,696 per year. According to CNN, that amount ranges between $89 and $100 every day. Angelyn also mentions that they sometimes give themselves the permission to spend as much as $135 a day, which works out to $49,275 per year.
According to what Angelyn shared with CNN, “As of right now, this year, we have booked 86 cruise days at an average all-in cost of $89 a day for both of us.” “Which includes hotel, food, entertainment, transportation, gratuities, port fees, and taxes,” the description of the package said. This is within the parameters of our financial plan for retirement,”
In 1992, Angelyn made reservations for her very first cruise. After Mary and Richard were married, they started travelling on annual and even occasionally twice-yearly cruises together.
With their combined savings and the projected proceeds from the sale of their house, they will be able to finance the new cruise lifestyle they have chosen.
Early in the year 2021, they started really considering retirement and putting together a financial plan for it. After they came to the conclusion that they could spend the rest of their lives aboard cruise ships, in May of 2021, they set sail on their new life as cruise ship passengers.
“Our initial goal was to stay in various countries for a month at a time and ultimately retire on cruise ships as we grew older,” Angelyn told 7 News Australia.
“Our original plan was to stay in different countries for a month at a time.” “We have a passion for seeing new places, and upon reaching retirement age, we wanted to find a method to continue doing so in a manner that was also financially responsible.”