When the real estate price soars in a hot market, one retired couple proves that living on the water is a viable option that is affordable while meeting their wanderlust needs.
Angelyn Burk and her husband, Richard Burk, went on their first cruise in 1992, and they initially planned to book cruises bi-annually. Once they budgeted for their expenses, they realized that life on the boat was cheaper than life on the land. Accommodation, food, beverages, and transport will only cost them approximately $43 per person each day.
Mortgages are not always the default option, as a life-long cruise made more sense financially for this couple. Their decision may be unconventional, but it works well for them.
To fund their travels, they used a combination of their savings and anticipated return on investment from selling their house in Seattle, Washington. “We have been frugal all our lives to save and invest to achieve our goal. We are not into materialistic things but experiences,” Angelyn said.
Staying true to their values, they quit their jobs in their early fifties and walked away from the cubicle life. The couple set sail on the adventure of a lifetime with one suitcase each.
They are determined to visit every country in the world. The pair took off from Seattle to Sydney for 51 days, then visited European countries for another 50 days. The couple explored sights in Singapore, Italy, Canada, Iceland, and the Bahamas. Singapore has been their best experience so far in the journey.
Recalling her experiences, Angelyn said, “I believe this is achievable for the everyday cruiser, but it does take effort.” They diligently planned their trips before leaping onto the boat.
She recommends cruises for other adventurous travelers. Her justification is that it is a budget-friendly way to travel leisurely without the hassle of booking hotels, restaurants, and transportation.
When asked about their long-term plans, she said, “We don’t plan to permanently live on land in the future.”
Their trip has no end in sight. Who would want to leave the breathtaking views for a confined, overpriced space?