Tuesday, May 9, 2017

Cruising in retirement

According to the Cruise Lines International Association, more people are cruising now than ever before, with 25 million passengers expected to set sail this year compared with 15 million in 2006. Depending on their home city and income level, retirees may find living aboard a cruise ship makes financial sense when compared to other retirement living options, especially where the cost of living is high.
According to a study published in the Journal of the American Geriatrics Society, when considered over a 20-year span, "cruises were priced similarly to assisted living centers” however those facilities and their prices vary greatly.
You would also want to consider your health and make sure services you might need are provided or purchase a separate travel insurance policy.
If you decide to try living on a cruise ship, it’s a good idea to try cruising first for an extended time and make sure it’s something that fits your lifestyle. 

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