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Old 03-06-2016, 08:14 AM   #21
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City: Rockport, Ontario
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My experience is along the lines of those thoughts from Bacchus. After a long search we bought a 1986 Oceania 35 last year in the 60s (CAD). That's quite an education since we started off hoping to get into a summer live aboard for 20's. There are minor? things to do and upgrade, but can be done while we live aboard in the summers. Other things can be done by the marina in the winter, so expenses will continue. It's all part of it!


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Old 03-29-2016, 03:21 AM   #22
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If you buy a heavy / long boat and need a trucker, consider George Marfo at Home Allstate Marine Transport
George moved my Mainship 40 from CT to FL on time, on quote, and without a scratch.
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Old 03-29-2016, 06:53 AM   #23
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Were I planning on an on board retirement , I would research well and purchase a boat that can live in comfort at a mooring ball.

Some marinas have moorings , so water ,garbage, dink storage , mail and parking are taken care of at 1/5 the dockside cost.

Dockside may be necessary for while still employed , and floating cottage life can be fun but it can also be a trap, AKA ,Hotel California.

A visit to most liveaboard marinas will find a high number of folks , that only need a "bit" more work , , before moving on.

A well found vessel on a mooring has little reason NOT to go cruising .

IF cruising is how you see your retirement.
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Old 03-29-2016, 11:54 AM   #24
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Welcome North Fjord

"Any good books or other resources to recommend?"

Boatowner's Mechanical and Electrical Manual, by Nigel Calder is one book that comes to mind.

Good Luck,

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Old 03-29-2016, 12:56 PM   #25
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Trawler for retirement?

Excellent idea!
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Old 03-29-2016, 01:07 PM   #26
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Quote:
Originally Posted by FF View Post

Dockside may be necessary for while still employed , and floating cottage life can be fun but it can also be a trap, AKA ,Hotel California.

A visit to most liveaboard marinas will find a high number of folks , that only need a "bit" more work , , before moving on.
FF, I gotta admit I sometimes dismiss your writing as being that of an luddite!!! But those two lines right there are pure genius!!! You're killing me over here!!!!
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Old 03-29-2016, 01:40 PM   #27
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I am too busy and too lazy to take on a project boat, but for those that do (and complete it) they end up with a great boat for less money and lose much less in depreciation over the typical life of ownership.
That's a very good point about the depreciation, as long you don't "over-improve" the boat. Just like when rebuilding a home.

I rebuilt a project boat once and sold it a few years later for a profit of about $20k. If you added up moorage, insurance, etc., then it was a slight loss of course.

Compare that to someone who purchases a brand new "X" boat, can't help but install another hundred grand of options, the boat depreciates 20% within the first year, on and on and on.
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