dancrane
Well-known member
...with two businesses sold and after a working life of accumulation, one has to realise that the decumulation phase needs to start, that's a very difficult (for me) strategy change to manage.
You're quite right of course. With work comes the money to enjoy time we cannot call our own...but at retirement, there's not always time to spend all we've saved. I envy you the savings that I haven't yet accumulated, but am dismissive about the value of the years I'll waste, saving. It's nuts!
Too many times I seen people newly retired spending years fixing up a boat to how they want it and then being too old to sail.
Decades ago at Bosham, my mother made the same observation and we laughed. When I lately bought a yacht that I spent more time working on than sailing, it must have taken all her diplomacy not to remind me.
If an owner is happy to camp on board without going sailing, and/or is happy working through a calendar of maintenance to a long-term plan, that may be enough at least for a while. But I think most of us probably only do maintenance, updates, conversions and restoration in hopes of bringing to life our vision of the boat we desire, being sailed rather than just occupied and toiled upon.
That said, if I could find cheap storage ashore for two years, I'd buy again for the pleasure of knowing it'd be exactly what I wanted when I launch.
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