What a delightful dilemma! In planning for my financial future one of the exercises I undertook was an attempt to lay out major expenses I anticipate for the future. My kids have graduated for college so that’s out of the way. My house is nearly paid for. There will be a need for at least two new cars over the course of my remaining life. And I want to travel. A lot.
Then there is that one other thing that I have always longed for. A boat. The financial plan only looks at numbers. It doesn’t care what the numbers represent. The plan doesn’t say things like why the hell do you want to go to Pago Pago? Or, a boat is a lousy idea. But family and trusted advisors do say things like that. Then again, there are some who say follow your dreams, listen to your heart. Buy the boat. So I allocated a very small sum toward a boat. At some point in the future. Hopefully before I am too old and feeble to enjoy it.
With the modest budget I have set, and I mean not much more than a fancy bicycle, I have no choice but a used boat. Which is really what I want anyway. A fixer upper project. There are thousands of them out there. The choice I have to make is between three types of boat.
With my love for all things mid-century, I am fascinated by small speedboats from the late 1950’s to the late 1960’s. They are known as runabouts. What I love is the curved, single piece windshield. And the sleek lines. Something measuring fourteen to eighteen feet would be nice. The wooden Chris-Crafts are beautiful, but my budget is more along the lines of a fiberglass hull. Besides, I’d be afraid to scratch a Chris-Craft! Runabout boats have a certain look, and you know it as soon as you see it. They are getting harder to find, and even one requiring some work would be near the top of the budget. The positives are that they are beautiful. They zip about with style and grace. They attract attention. And they are fun. The drawback is that you have to step in and out and small engines require maintenance.
On the other hand, a pontoon boat has a lot of potential. Great for lakes. Perfect for parties. Easy to get in and out of. Get a bunch of friends together, load her up and have a blast. Engine still needs maintenance. But the aluminum body is easy to care for. And I can find a number of these within my budget.
And then there is the sailboat. The romance of the seas has always captured my heart. Call me Ishmael. And I’ve actually owned two small sailboats before. One was so small I couldn’t even fit into it. That was a fixer upper project and when I finished it I sold it. Without ever sailing it. The other was a sixteen foot Snipe. My wife hated it because in a calm wind it didn’t move very fast. Becalmed on the water in July in Georgia makes for a pretty hot day. I sold that one too.
I’m not a good sailor. Need more practice. But I love the idea. And I loved the reno project and would gladly take on another. Small fixer upper sailboats are easy to find. And within my budget.
So, that delightful dilemma remains unsolved. The romance of sailing the seas. The exhilaration of the zippy runabout. Or the party on the pontoon. In a perfect world I would buy all three. I have no idea how I will decide. But when I get the boat, I’ll let you know.
That’s part of my story. What’s yours?