Home On The High Seas

The People's Friend Special - - HOBBIES -

Is it bet­ter to set sail or stay on dry land in your re­tire­ment years? Fi­nan­cial jour­nal­ist Sarah Jag­ger in­ves­ti­gates.

LIV­ING later life vis­it­ing ex­otic cor­ners of the world rather than re­treat­ing to a re­tire­ment home is un­de­ni­ably at­trac­tive.

In fact, some re­tirees have al­ready taken the plunge. For ex­am­ple, there’s the case of Amer­i­can oc­to­ge­nar­ian Lee Wacht­stet­ter, who sold her Florida home and re­lo­cated to a se­ries of lux­ury lin­ers af­ter her cruise-lov­ing hus­band, on his deathbed, told her, “Don’t stop cruis­ing”. There’s also Beatrice Muller, who was for many years the only “per­ma­nent res­i­dent” aboard the QE2.

But what should you take into ac­count if you’re con­sid­er­ing fol­low­ing in their wake? around £600 a week.

“Sim­ply opt for a cheaper route over a longer pe­riod,” Sarah Coles, a fi­nan­cial ad­vi­sor at Har­g­reaves Lans­down, says. “Pick an in­side cabin and book plenty of time in ad­vance.

“For £741 a week, you would get a bit more choice, the oc­ca­sional out­door cabin, and could even man­age a round-the­world trip.”

Keen cruis­ers should be aware, how­ever, that the “ex­tras” avail­able on­board can eas­ily push up cruise costs.

“There will usu­ally be charges for drinks, room ser­vice, pre­mium restau­rants and ex­cur­sions, plus tips. So fac­tor these in when you’re do­ing the sums.”

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