THE COST OF MOVING INTO A CRUISE SHIP (Is it Worth it?)

Рет қаралды 29,157

Күн бұрын

We announced big cruise news as we are moving into a cruise ship! How much does moving into a cruise ship cost? We address all the reasons why we are moving into a cruise ship, the money saving tips, and financial budget planning to move into a cruise ship. We also talk the difference in saving money while living at sea instead of living on land such as in The Villages Florida. We address why cruise passengers are moving onto residential cruise ships by new Residential Cruise Lines including our exciting cruise news of the residential cruise ship we will be moving into and when we will be moving in to our new cruise ship residence. We cannot wait to share our onboard experiences along with those from our fellow cruise passengers. Are these cruise passengers justified in their decision to move in to residential cruise ships? Should you book a Residential Cruise Ship Cabin or book a World Cruise Segment? This is the latest cruise news in tandem across the cruise industry where all cruise lines are making cruise cutbacks for cruise passengers onboard cruise ships during 2024 and we were surprised by the affordability of moving into a cruise ship in 2024! How are residential cruise ships different for cruise passengers than mainstream ocean cruises or world cruises on mainstream cruise lines such as Royal Caribbean World Cruise on Serenade of the Seas Cruise Ship or Cunard World Cruise at sea? How do Cruise Ship Crew handle these residential cruise passengers? Are cruise ship passengers okay with residential cruise lines and 2024 changes to cruises? We talk through our experiences and excitement with partnering with a new cruise line. This affects cruisers from the World’s Biggest Cruise Ship Class, to the World’s Smallest Cruise Ship Class and every Cruise Ship in between as Residential Cruise Ships may take over the Cruise Industry as a new way to Travel the World on a budget while being digital nomads and working at sea. What are your thoughts in our inside cruise chat on the biggest announcement of us moving into a Cruise Ship 2024? Would you retire on a cruise ship instead of a retirement community such as the Villages Florida? Would you want to live your life traveling the world by sea onboard a cruise ship?
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Пікірлер: 361

@JJCruise 2 ай бұрын

We know many have questions regarding Medical, there are Medical Services onboard the ship, including a Pharmacy and Dental! More information about Medical can be found here: villavieresidences.com/medical-center 🏥

@georgettenorth2776 2 ай бұрын

Their web site says nothing specific. They never mention cost either. Just rhetoric.

@hopegold883 2 ай бұрын

Idk. I have heard a couple cruise companies say they aren’t set up for the level of medical care you can get at the villages. It’s more for emergencies. And they don’t want to encourage people using the ships for retirement. So after those 15 years on board, you’d still have to buy in at the villages, or another higher care place.

@carilesli.happycalmfree Ай бұрын

@@hopegold883imagine those 15 years though 😍

@MichelleHarris-wp1fo 2 ай бұрын

I think we need to see this as a quick and dirty cost comparison, which is to point out that you can actually live on a cruise ship for around the same cost as living on land. One thing that JJ hasn’t really talked about is that this is a residential ship designed for residential living - not a traditional cruise line, which means the menu rotations, the entertainment and the activities onboard are geared to folks staying on board longer. The pace of travel is slower and you are not rushing from port to port often plowing through bad weather just to stay on tight schedules. But again - this is not a “one is better than the other” it’s a “hey look we have more options” kind of thing, and more options is a good thing.

@dlgregory35 25 күн бұрын

How is it designed for aresidential living when the shi[ was not in dock long enough for substantial changes to be made?

@amandagaetz9038 2 ай бұрын

The only thing you didn’t mention was what you own at the end of the 15 years. On land you own an asset that has appreciated over the past 15 years, when you leave the ship after 15 years you have nothing. It’s amazing for someone who can maybe afford both or has a home they are renting out while they are away so they continue to pay off their asset while traveling the world!

@JJCruise 2 ай бұрын

Actually, you do own your cabin and can rent it out similar to your home. You could also sell it. It’s your asset - similar to a home. It’s unknown how it will appreciate over time, but one thing you definitely gain is the value of Life Experiences. ☺️

@clairemuehlbauer8815 2 ай бұрын

Okay question - if at the end of the 15 years - can you sell it then? Or is it only during the 15 years that you can sell.

@hopegold883 2 ай бұрын

Not the only thing. One other thing is they say your travel costs are included on the ship. Does that mean port excursions don’t cost extra? What about eating in port? That’s kind of an important part of travel? Don’t you still have to pay for things you consume off the ship? Obviously those things are small compared to the cost of a house. Just saying I think there are a couple things that were left out.

@carilesli.happycalmfree Ай бұрын

@@clairemuehlbauer8815you own it for the lifetime of the ship, guaranteed to be a minimum of 15 years.

@dlgregory35 Ай бұрын

@@JJCruise Get great Life Experiences without being on a ship.

@georgettenorth2776 2 ай бұрын

Here it the reality of owning a home in The Villages I bought my home 15 years ago and paid cash. The house has more than doubled in value. That increase in value is more than my expenses total for the 15 years, insurance, utilities, lawn care . service, property taxes, maintaining the building which was new upon purchase, monthly amenity fee, etc. All of it covered by the equity appreciation so if I sold today, I have lived here for free for the last 15 years.

@elaineandstuartcohen9761 2 ай бұрын

We live in The Villages also and have for the last 12 years. Our home is paid for, and we do not spend nearly as much as was mentioned in the video for food etc. I am not sure if this is a real comparison. And, what about the medical care on a ship? The Villages has a great medical system in place which is almost free and probably much better. I like the land life. In addition, my home is somewhat larger than the size of the cabin. So......I agree.... after two weeks.....I am ready to get home again. These videos are beginning to sound as if Jared and Jordan are getting a free cabin to advertise and promote for this company for a free room for themselves.

@JJCruise 2 ай бұрын

We know that there are many people this cruise life is not for, and that land life may be better depending your situation. We also know if your home is paid off, or if you have paid in cash for your home- of course, your expenses will not fall within the categories of our comparison. Many, including us, have home values that have doubled in the last few years due to those community’s being hot spots for real estate investments. Based on stats from realtor.com, The Villages is predicted to be the #1 place people are moving for retirement in 2024 - so we wanted to draw a real life comparison to a place that is very popular (and seems to be booming!). This video wasn’t intended to bash or shame anyone for the life choices they have made after the age of 55, just show a comparison to two different lifestyles, one on land and one at sea. We have many friends who life in The Villages and it sounds like a wonderful community. 😀 Our focus is for those looking to travel full-time and seek the benefits of doing so.

@allent1034 2 ай бұрын

LOL, well then sell it and see what you have to pay for a house just like it. Guess what? It would cost double what you paid for your house 15 years ago. You would only gain if you sold and did not need to buy another house.

@helenemulvihill2997 2 ай бұрын

There's just one thing. You cannot see Tahiti from The villages. Or Japan. Two things. Or Africa, Three things. Just those three things.

@live2skide1 2 ай бұрын

@@elaineandstuartcohen9761 I imagine there is some business deal involved; which makes sense. Paid spokesman? Incentivized to sail in order to sell? That should be stated up front of the video as a disclaimer / ad.

@jayoneill1533 2 ай бұрын

As much as we love cruising after two weeks we’re ready to go home. Also, I can’t imagine going to the same restaurants week after week and let’s not even talk about medical care. I think we’ll keep cruising two or three times a year.

@Juancarlo4342 2 ай бұрын

You go to the same kitchen every day, same restaurant

@MasterSumai 2 ай бұрын

@@Juancarlo4342You go to the same rooms in your house too!! So?? These guys can be on the water and see so much and do so much. And if you have a creative mind, then anything is possible. 😊

@helenemulvihill2997 2 ай бұрын

they have an open kitchen program onboard where you can learn side by side with other cruisers under the leadership of a chef, additionally you have access to a kitchen. Cook your own food. Like you do at home.

@sisenor4091 2 ай бұрын

They have restaurants in all the ports of call.

@MasterSumai 2 ай бұрын

@@sisenor4091 I mean you can go to them if you want something different, but why spend extra cash when you've already paid for food when you purchased your cabin? Food on board at all restaurants. 🙂

@2tedmonds 2 ай бұрын

My youth was filled with “wouldn’t it be cool if”. Bravo for doing it. Looking forward to following your journey.

@lindabushyager5402 2 ай бұрын

I don't really think your analysis is quite right. If you are buying a house, you have much more space than just a small bedroom and you really can't consider the common areas of a cruise ship to be the same as the common areas of a house. Two people in a three bedroom house, can each of their own private den/office with their own TV. As you get older, you will appreciate that a couple really need at least two bathrooms. [I speak as a 76 year old married to a 83 year old.]. having a shared common living room/kitchen is not really the same as sharing common rooms with hundreds of people. Also, with the house you can have pets, relatives, or friends who stay over, An outside areas of trees and grass and flowers to walk-through. A better comparison might actually be to compare renting an apartment with the cruise ship, because you're totally eliminating the need for a down payment and mortgage... and the size of your apartment could be closer to comparing to the cruise room. still, it isn't interesting idea.

@susanbarnett761 2 ай бұрын

The significant difference is you're buying a room with a view and and a bath. The Villages or another community is a home. However, I think it would be fun for a time. I worry about health care though as I have cardiac issues.

@jimneufeld1073 2 ай бұрын

I don't see how you have not taken in consideration equity in your home. If you have no mortgage and a paid for home, the cost of living is definitely less. As much as I have a cruise addiction, I could not live on the same ship for years. I would much rather cruise twice a year. I will look forward to your long-term upcoming videos.

@dlgregory35 Ай бұрын

They have not considered maintenance and dry docks, and if buying the cabin what happens when the ship gets scrapped which cannot be too far into the future the ship is 32 years old. Where is their equity in the ship then? Homes land go up in value, ships decrease very much the older they are until scrapped , and this one is not far off the scrap heap. Also to date twice the sailing has been postponed but I wonder if they have managed to sell sufficient cabins to make i all work.

@brendabrinkley5139 2 ай бұрын

Seeing friends and family. When you go to doctor, dentist Same restaurants, Same shows,

@30AndAWakeUp 2 ай бұрын

Very cool! Thanks for sharing guys!

@JJCruise 2 ай бұрын

Thanks for watching! Hope to see you onboard a ship one day! ☺️

@mickiesadventures 2 ай бұрын

Thank you for sharing this info. I would definitely look into doing such a thing!

@FraserAtSea 2 ай бұрын

This is exciting! I spent about 10 months almost exclusively on cruise ships last year, but found it to be really expensive due to the fact I was 'ship hopping'. I would've saved a fortune if I'd jumped onto just one ship, but I was across 19 different ships, so didn't really save money vs a standard passenger cruising! This option you're looking at sounds SO interesting - thanks for sharing this!

@IOSALive 2 ай бұрын

JJ Cruise, This is fantastic! I subscribed because I love it!

@JJCruise 2 ай бұрын

Thank you so much!

@christinemarino5732 2 ай бұрын

Sorry to correct you, The Villages is North West of Orlando. I could not live on a ship. I love to garden, cook, and decorate.......I hope this adventure is great for you!❤😂!😂

@BlissGroove 2 ай бұрын

Homes appreciate in value. For example, the home my friends bought 10 years ago is almost double in price and now worth $1.3M.

@allent1034 2 ай бұрын

Very true but you will only get that money if you sell it. All the other houses around you appreciated also. So if you sell and buy another house, your appreciation is worthless. Now if you sell it and buy a cruise ship cabin for $140k, you can actually benefit from that appreciation.

@beastly572 2 ай бұрын

So does a cabin on a cruise ship that is in high demand

@hopegold883 2 ай бұрын

But after 15 years you do t still own the cruise cabin, do you? If not, the costs are in addition to a house, not instead of

@fogtownrog 2 ай бұрын

Thanks!

@JJCruise 2 ай бұрын

Thanks for the Super Thanks! 🥳

@elaineedwards2530 2 ай бұрын

As I see it, living on a cruise ship is an alternative for people with the money, the desire for travel and adventure, and those looking for an incredible experience. Who can really say the value in that? Most of the best things in life aren't about the cost.

@user-py1zn5lp3w 2 ай бұрын

This is so interesting. thank you for doing this cost analysis for us.

@JJCruise 2 ай бұрын

Glad it was helpful! It’s our pleasure! ☺️

@admranger 2 ай бұрын

Good comparison. Thanks.

@CherryBlossomskt 10 күн бұрын

Can’t wait to see how it all will work out for the both of you. ❤

@AliciaLewisCruising 2 ай бұрын

Circumnavigating the 🌍 . . . Priceless, indeed! See you onboard!

@michellebenjamin6666 2 ай бұрын

Fascinating information. I really appreciate the math as I get into figuring this kind of stuff out! The idea intrigues me but I'm not sure I could separate myself from my grandkids. I am really looking forward to watching you two in this adventure!

@SandNSurf 2 ай бұрын

It sounds fabulous! If I could ever afford it I would absolutely want to live on a cruise shop. I’m so happy for both of you. The chance of a lifetime, and what beautiful experiences you have in store.

@bettylemley2399 2 ай бұрын

I loved seeing this since I’ve lived in The Villages for 5 years plus in last two years I’ve cruised 12 times (on Celebrity). FYI The Villages is one hour NORTH of Orlando. A few things that really changes the comparison a significant amount of buyers sell homes elsewhere and arrive with cash (and left over dollars from sale of previous home) and have no mortgage. I did and the value of my home here now is up 70%! My monthly expenses are way less than than living in NJ in my previous home. I’ve got enough now to cruise lots. Also a huge consideration about cruising full time is medical cost especially since The Villages average age may be somewhere around 70. Loved seeing this and will be sharing on several Villages Facebook pages. I love cruising so much and have been curious about “full timing”. I realize from this it’s not something I could come close to affording as a single lady.

@charlesschroeder4062 2 ай бұрын

If you can choose between moving to the Villages and this cruise, you either have the money from a prior home to pay for the "whole thing" or you don't. Their comparison was not paying all of it up front, which means they are most likely putting their equity into an account to pay the fees as they go. So the comparison does make sense, unless they can pay all the ownership costs and fees up front, like you did with your home.

@carilesli.happycalmfree Ай бұрын

@@charlesschroeder4062their Endless Horizons program is the deal of the century, for only 20 cabins. Especially for solos…check it out

@PowderPuff_ 2 ай бұрын

Congrats on your upcoming 60,000 subs❤️

@JJCruise 2 ай бұрын

Thank you! 🥰🥰

@arleenwallace3550 2 ай бұрын

I would love to live on a cruise ship. The price doesn’t scare me nor does the monthly payment. I would want to be in a position to pay for the cabin in full and only have the monthly payments. Not there yet, however a new goal in my life. Ah the world as my home would be magical.

@desireehall-bl6qt 2 ай бұрын

Yes

@lorenadugan6355 Ай бұрын

Sounds great for someone younger, before major diagnosis. It sounds great. I hope you guys have fun.

@erins2544 2 ай бұрын

I would definitely go for it!

@Adam_The_Archivist 2 ай бұрын

My one BIG concern is medical expenses. If you have health issues this may be a little more tricky than for the average person. Thank you for the detailed video!!👍

@sillymadeupusername 2 ай бұрын

also in my case I have some recurring medical prescriptions (every 2 months) - I assume there is no pharmacy onboard?

@JourneywithJosh 2 ай бұрын

I agree. For those with medical issues it would be difficult to do. I don't know how someone gets to 50s without Drs and scripts.

@gwynethglas-brown9171 2 ай бұрын

Sounds great but having health issues it would be impossible for me ( my medication needs a lot of paperwork to be allowed in to a lot of countries ) would be a nightmare getting that sorted. For those that can work from anywhere as long as their is internet , their work place has no issues , have no other commitments back home Be an idea adventure for sure 🤍🤍. Interesting video 🥰

@ParrotplaySix 2 ай бұрын

Pharmacies usually only will refill your prescription every 30 days.

@JJCruise 2 ай бұрын

@MK-ul4rf 2 ай бұрын

We love living in The Villages and cruising. We plan to keep doing both

@farab4391 2 ай бұрын

People have raised some valid concerns on here, but my biggest one would be the company behind the cruise ship. It's a business like any other, which could go bust and then you're left with nothing and nowhere to go. My paid off house isn't going anywhere and even if it burnt to the ground, the insurance company will rebuild it. If you absolutely love cruising and would like to see all those places around the world, then maybe the risk is worth it. That's just how I feel about it, I hope you have a great time though 🙂

@traceylush9660 2 ай бұрын

Love that you did this comparison of the two. I would love to live on the Villa Vie part of the time just not sure full time.

@TheJohnebey 2 ай бұрын

I find this so intriguing and the money works out pretty close to as you say IMO. The website for them is good, but not much info as far as the percentage sold to date and such. I would think they would want to promote that. You did a lot of work on this one and it came out great. Cheers.

@micheleskeggs2173 2 ай бұрын

Happy for you guys if that's what you want. I could NEVER live on a ship for many reasons. I enjoy cruising and have done so for longer than you're alive,but I would never walk away from my home which is also an investment. I'm the type that after a two week vacation anyplace I'm ready to return home I would feel bored and trapped on a ship.

@edeter2260 2 ай бұрын

I liked the breakdown. I have done something similar for myself with an assisted living facility vs staying aboard a cruise ship. The more mobile and older adult is, long term cruise ship living would be more advantageous. Plus cruise ships do have on on board medical facility (you forget to mention this). With all the perks and high status tier levels cruise ships offer, definitely give a stronger option to choose than living in The Villages, other retirement communities or an assisted living facility.

@jeffcgardner Ай бұрын

Many great comments, many great questions. Here, I lived on 45 different ships over a decade and a half. IMHO, the element many people are missing is that comparisons between life at sea and life ashore are a false and unreachable exercise. Comparisons between cruising (or other vacation experiences) as a break from life ashore is entirely different than living the travel life where the next port isn't a visit, its a home. The travel life at sea, as a resident looking out instead of as a tourist looking in, is a completely different life experience in every way. I'd do it again in a split second. Hope this helps someone.

@krisbudak8918 2 ай бұрын

Great information and as an owner it makes us feel better about our decision!

@JJCruise 2 ай бұрын

Can’t wait to see you onboard! 🤗

@belxsar1504 2 ай бұрын

Thanks for the breakdown! As some others have pointed out, I think one important thing to keep in mind, particularly as one gets older, is the medical care. How much would that be, is there sufficient medical care on board, and if not, how would one get it in an urgent situation and how much would it cost? Also, for those who already have or may develop chronic conditions, there is the care needs and associated costs with that. If one decides to live on a cruise ship, I think it would also be prudent to make every effort to consistently lead the kind of lifestyle that will keep you as healthy as possible, especially if you already have any pre-existing conditions or are at risk of certain medical conditions.

@JJCruise 2 ай бұрын

@neftalioller8268 2 ай бұрын

Excellent information and we are planning to live on a cruise ship in the near future

@patti1044 2 ай бұрын

Am so looking forward to watching. Interesting part of the costing would be cost per square foot of home versus ship. Is there any kind of shared kitchen space so you could prepare your own sometimes? And as a senior healthcare is quite an issue - many of us have periodic follow up care even if we are currently healthy.

@sharoncruisingscene 2 ай бұрын

I would live on a cruise ship thanks for the wonderful information!!

@JJCruise 2 ай бұрын

Thank you for watching!

@jendotcohen 2 ай бұрын

Future goal! 🎉

@JJCruise 2 ай бұрын

Let’s just all go together 🥰

@beverlyjudka1765 2 ай бұрын

Sounds nice. I wish my husband would go for this because it would be nice to see the world.

@Laurie911 2 ай бұрын

In 15 years your ship will be in a scrap yard while your land home might double in price. So on land you still have a paid off home in 15 years.

@beastly572 2 ай бұрын

Don't you see their trade in option?

@dlgregory35 25 күн бұрын

This sip should have already been in a scrap yard.

@slowmads 2 ай бұрын

We will be on cruises for 212 days this year-a total of $50K or so. The residential cruise ships intrigue me-but I think we’ll wait to see it the business model works over time.

@livingblackirish8809 2 ай бұрын

I would do it in a heartbeat ❤

@cutnpaper6831 2 ай бұрын

Wow! Thanks for sharing.. I would but hubby wouldn't.

@margotk538 2 ай бұрын

Living on a cruise may seem fun at first, but you will soon get bored or tired of it. I enjoyed my first cruise experience and am about to go on another cruise with RCL. The cruise room needs to be more significant for an extended stay. I would like to have some privacy and the ability to enjoy activities such as trying different restaurants, going to the theatres, cooking, hiking, and hanging out with friends and family. These will all be very restricted when I am stuck on a cruise with a set schedule...

@carilesli.happycalmfree Ай бұрын

I’ve taken 61 cruises and doubt I could ever tire of it. The past couple of years when I’ve been on longer cruises, 21 or 23 nights, I just haven’t wanted to get off.

@lenorawallace6094 2 ай бұрын

I would pack up tomorrow to live on a cruise ship! You just confirmed my thinking that it would be cheaper to cruise than live in a retirement home.

@carilesli.happycalmfree Ай бұрын

Definitely! I think their Endless Hoizons program is the deal of the century! $299k for a solo with lifetime access to an outside cabin on this and their future ships, of which they are planing three in total. The next one could be announced in 2-3 months, which is very exciting.

@beckym3650 2 ай бұрын

Wow that’s exciting to know it’s affordable and maybe someday we will be able to do this. Not quite to retirement age and since we work on land, I don’t think it could happen till we no longer have jobs. I’m super excited that you guys are living the dream.

@danakruse7325 2 ай бұрын

I think seeing all 7 continents is great! Just hope they sell plenty of them so your dreams become true.

@JJCruise 2 ай бұрын

Seeing all 7 continents is definitely a dream of ours! We think Villa Vie is doing all of the right things.

@jdavis6650 2 ай бұрын

It would make sense to estimate the value of each asset at the end of the 15 year period. With a 4% appreciation rate the house would be worth about 728,000.

@dmariec9308 2 ай бұрын

Thank you for the comparison. It is very interesting and something I would love to do. One thing is medical, care and insurance. It would be interesting to see where all that falls. I appreciate you taking the time to do this for us !! Sign me up 😊

@TinCupChalice40 2 ай бұрын

So on the ship if you’re only allowed 15 years you don’t really own that cabin , you are leasing that cabin. So there’s no chance of making a profit by selling it after your 15 years is up, but on the other hand, the other community,.. you do own your condo. Where you can make a profit by selling it at some point down the line. I think that’s a huge point, but for some reason you neglected to mention.

@reneeblack2783 2 ай бұрын

We would do it! ❤

@pauldehart744 2 ай бұрын

Nice break down of the cost. We did a 2 week cruise earlier this year and I think I could of done 1 more week but I would be ready to get home. But it would be interesting to see how a lease of 6 months would work out. I like the travel the world and seeing parts that I would never of seen in my life.

@melissaking3618 2 ай бұрын

Variety is the spice of life. We enjoy cruising once or twice a year. But also enjoy our summer cabin in northern Wisconsin. We love our dogs. We can see our grandchildren when we want. Our mortgage will be paid off this summer lessening our monthly expenses. Also, where do you live if the ship needs to go into dry dock? For us living on a ship would be too limiting. Better and cheaper to take cruises.

@KarD818 2 ай бұрын

Not for everyone but a fantastic alternative to long-term care/nursing home. It’s economical as property taxes, new taxes, gas, electricity, water, home insurance & repair costs rises yr after yr.

@stuschwartz6683 2 ай бұрын

My husband and I can't wait to follow your adventure when you move to your new residence. Lots of pluses and lots of minuses in my mind but absolutely intriguing. But then we won't run into you during one of our cruises...

@nessamemberg7342 2 ай бұрын

Your analysis on “COST OF MOVING INTO A CRUISE SHIP” was terrific to watch, as we have been having that same discussion many times. However, your Youth has really slanted your evaluation. Americans usually retire about age 65. Add 15 years and that brings you to age 80! Point: If you’ve been blessed to go to college and live in a dorm, can you image living in about 300 sq./ft apartment for 15 years? Remember, a cabin is designed to hold about 2 weeks of clothes. I’m sure you realize that the human body is not static…inside and out! As we age, our bodies will need medical care, dental, vision, cardo, joints-just to mention a few areas. Sure, you can get great medical care on a good ship, but constant “well care/checkups” - not way. And you have no medical insurance that can cover any costs outside your home country. Everyone usually gains some weight on a cruise; how can you not eating every meal of anything they put in front of you? How does one keep down the sodium, fat, sugars, etc.-at every single meal … for 15 years? Again, the young “us” never knew that weight is harder to take off as we age. We’ve just pasted our 10-year mark living in our retirement golf resort. We addressed our home repairs-major and minor. The usual stuff: new washer/dryer, fix a leak in the roof, the exterior needs a new coat of paint. You get it. Everyone with a house can tell you endless lists. So, tell me, were does one go when the ship you now live on goes into dry dock-for weeks/months? And if your cruise line goes out of business? You have no recourse and will a need a lot of money to start over. Maybe your analyses needs to come down to about 8 years? (P.S. Really looking forward to your summer experience living on a cruise ship! Keep up the good work, Guys!)

@debbiec4126 2 ай бұрын

I think it is totally fascinating and if I didn't have family -my husband and I would probably give it a try!

@clodaghmcguigan1969 2 ай бұрын

Villa Vie Odyessy is heading to near me in Belfast Co Antrim soon for refurb at the famous Harland and Wolf shipyard ☘️

@JJCruise 2 ай бұрын

Yes!! We are so excited for what they do with the refurb!

@joannbrackney6542 2 ай бұрын

I’m retired in The Villages. It’s north of Orlando, not south. It’s an awesome place to live. Like a cruise ship but on land.

@marianne4468 2 ай бұрын

The Villages is an hour north west of Orlando.

@johnwilson8482 Ай бұрын

What happens after 15 years? In the Villages, you still have the home you purchased; on the ship, what happens after the guaranteed timeframe runs out? Do you have to pay another fee for the next 15 years? Also, what about the healthcare onboard? Might you need to leave the ship for the treatment of a long-term illness like cancer? Add in using costs during that period. Etc. That's not a lot of extra wiggle room for all the potential risk factors. The "margin of safety" is very thin to come out on top. Sure, you can do it for the adventure; but it doesn't look like a way to life-hack financial expenses.

@nhawker7609 2 ай бұрын

Do you know if you can bring food (fresh fruits/veggies, bread, cheese, etc) on board to keep in your room?

@georgettenorth2776 2 ай бұрын

Cruise ship life long term is good for healthy people life yourself but Seniors need much more healthcare and sometimes very serious emergencies arise. In addition, Medicare does not cover seniors when outside of the United States so additional insurance must be purchased and at what cost???

@jeannietarrance9855 2 ай бұрын

I was wondering what would happen if the ship had to go into dry dock or needed major mechanical repairs. Would they pay for tenants to live elsewhere or charge residents for repairs?

@barrylowe441 2 ай бұрын

I'd need to be assured of medical services on board and as a vegetarian I'd need to be assured that the menu was varied enough that it didn't get boring (it certainly did on our cruise from Sydney to Southampton). If I wasn't of an age where a nearby hospital is almost a necessity I'd love to do it but I'll have to sit at my computer and live vicariously watch you guys have all the fun.

@JJCruise 2 ай бұрын

That totally makes sense - the medical part of this is possible another topic to cover in the future. Thank you so much for watching!

@live2skide1 2 ай бұрын

Great breakdown of the costs. Many Americans "moving" to retirement communities have sold their primary home; and may go in either "mortgage free" or with very small mortgages. From a retired persons standpoint, it was always our goal to have the "house paid for" by the time we retire, so we could fund our travels. Another cost consideration is "upkeep" on the "Villages" home. New lawnmowers, new appliance, etc. Many people going into retirement look to downsize their homes, so they have less space to upkeep. The cruise ship and the smaller space certainly fit that bill. Curious what size the ocean view cabins are, and if there is regular upkeep done, like fresh carpets, etc. Do you have your favorite "chair" on the ship, that sort of thing. It's a great concept. Are there any "monthly fee" reduction for SOLO residents? Thanks. Lots to think about!!

@tammyallen1125 2 ай бұрын

I absolutely love cruising and traveling in general, but after a couple of weeks, I just want to go home and be in my own bed. I also love relaxing in my own backyard and having family and friends over for bbqs. That being said, I can see why others might like living on a cruise ship.

@LiftUpNotDown 2 ай бұрын

A long term Investment in a home versus living on a cruise ship temporarily isn’t really the best comparison. Homes also require maintenance, property taxes etc. If you leave the ship, and you haven’t bought a stateroom, you don’t leave owning anything to then sell like you would with a house. In 15 years, a cruise ship would be seen as old and people would want to be on the new and bigger ships etc. Renting an apartment and the cost of living is probably a better equivalent. Lifestyles, personal choices and medical costs also play heavily when comparing. Living on a cruise ship sounds lovely if you’re income can support it but it doesn’t sound like a realistic comparable for living on land for most people. Also, for people who can’t “work from home” living onboard a ship isn’t an option. If you have to leave the ship for personal reasons, even temporarily, flying half way around the world isn’t going to be as cheap as a domestic flight. It’s an awesome experience to live onboard a ship but you’re also paying for services you probably would do yourself at home - light housework, cleaning, cooking and laundry. Most people don’t have housekeepers, including retirees.

@allen9069 2 ай бұрын

You're assuming moving to the Villages and having a mortgage. Many retirees have their homes paid for so I would compare both ways, with or without a mortgage.

@CamillesLE 2 ай бұрын

This was a very informative video and I appreciate it. I have often wondered how much it cost to live on a cruise ship and the prices make it a realistic option for so many.

@AliceInCasinoland 2 ай бұрын

Definitely an interesting concept and it's one I've considered. What if you want to go visit your grandkids for a few days or weeks? Can you get off the ship, ever? Would you get off the ship at a port, fly where you need to go and catch the ship at the next port? That would be a big question for me. And also, medical care which a lot of people in the comments have brought up.

@bevricker4812 2 ай бұрын

Are you purchasing the cabin or leasing it for 15 years. What happens when you leave the ship do you have an asset to sell or pass down? In the Villages you would likely exit with a 600K asset at least half paid off

@TomPeterson-kr5ko 2 ай бұрын

What assurances are there to be protected should things go belly up?

@LongTimeCruisers 2 ай бұрын

Great job breaking down the deets! Hubs and I are definitely considering this over land based retirement. We honestly can't afford to retire in our hometown of ATX at this point, and in 5 years, we surely won't be able to afford Austin as a retirement option! 🚢

@JJCruise 2 ай бұрын

Thank you! We think this is a great alternative for those wanting to see the world!

@LongTimeCruisers 2 ай бұрын

@@JJCruise I still have a lot of questions about how IRS taxes and healthcare would work. I think I remember y'all saying a small pet is allowed, but maybe that's wishful thinking. I will definitely be doing my research. 💜

@debbief2882 2 ай бұрын

Ultimate dream, living on a cruise ship!

@carilesli.happycalmfree Ай бұрын

Check out their Endless Horizons program. The deal of the century for solos especially.

@kathycoutinho5665 2 ай бұрын

As a retiree I think most people that would be doing this would already have a home with equity, that they would sell to finance their move to a cruise ship. I would think that the biggest issue for someone doing this is spending all of their equity and then outliving the 15 year residency. Where do you go then? For the people asking about medical insurance I would think you could get the same type of insurance that Nomads get. Your basically being a nomad just at sea instead of on land.

@StampsNLingers Ай бұрын

So...at the end of 15 years...we'd get the boot? The ship will be de-commissioned? Just wondering.

@rhondawine1555 2 ай бұрын

We live in the Villages and the difference is that we don’t have a mortgage or a car payment although at this time our car insurance is about 2000 dollars a year and our house insurance at this time is 3000. We have been living here for 23 years.

@JJCruise 2 ай бұрын

That sounds like you have a wonderful set-up! That is amazing.

@cydneystephen2814 2 ай бұрын

This is a great breakdown comparison. My question is: let’s say you live at sea for 3 yrs, will the ship have a more advanced medical dept/hospital , with travel insurance to cover on ship pharmacy for meds, labor and delivery should a woman become pregnant. Because even if maintain your land based pharmacy, I don’t think insurance is universal in all states. Definitely not international countries. What if someone needs common emergency surgery such as their appendix or gall bladder removed. What about a dentist? These are my concerns. Great vid J. Thanks so much.

@JJCruise 2 ай бұрын

@Hesdrummingagainagain-oj6ei 2 ай бұрын

Do you own the cabin after 15 years or is that the expiration? In the villages, you would own the home and the mortgage would be paid off at some point.

@georgeb777 2 ай бұрын

Great analysis, guys! Personally, it's a very romantic notion to just sail away for fifteen years and explore the world, but I think I would go a bit crazy on a ship. I had friends years ago who opened a restaurant in Key West. It lasted two years. We call it "island fever". Best of luck though. I look forward to following your journey!

@cindyamaru3959 2 ай бұрын

Do you have a breakdown of the specifics on each dwelling? Beds, baths, square footage?

@zeta802 2 ай бұрын

Sounds amazingly awesome to me!!!! Give me three more years to retire and I’ll meet you on the top deck for a smoothie. 😃

@maryannpiccirilli454 2 ай бұрын

I would do this in a heartbeat if my husband was healthy 🥰. We love cruising 🍹🌴❤️

@karenjensen2345 2 ай бұрын

We live near the Villages in OTOW in central Florida. You forgot home owners insurance which continues to go up!!!! I would say if you include vacations etc you need at least 6k a month to live, and health insurance and costs, and that's being frugal..... we couldn't personally do it, but I think it is a fantastic idea.

@steveprime1485 2 ай бұрын

Bravo, Excellent work, You put the bug in my mind. The wife & I have been on 6 cruises with #7 comming in September, a 17 day Transatlantic. What about Medical, do they except Medicaid? Sharkman

@JJCruise 2 ай бұрын

This is something we left out because it’s so unique for every individual. Maybe we’ll do a follow-up video on this issue!

@slowmads 2 ай бұрын

The Villages are actually 1 1/2 hours northwest of Orlando!

@amybrock2592 2 ай бұрын

I know a lot of people are pointing out the value of their on-land houses, which is a good point. However, what you show here is that living on a cruise ship full-time is not an outrageous alternative. I looked at Villa Vie and saw that you could just rent “segments” for part of their global journey. You can also rent out your cabin if you are not going to be on the ship for some time. So, in that respect it could be a rental property if you have the means to maintain a second property on the ship or rent on land when you need to be in land. Just something I’m pondering. There are people that live full time on regular cruise ships now. Obviously, it works well for a small segment of the older population.

@JJCruise 2 ай бұрын

Thank you Amy! This is a great point!

@rawbean11 2 ай бұрын

Interesting idea. Will they be selling weekly cruises so the ship would have “new faces” to see each week or at various times? And are all the shows / entertainment the same each week? This is why I am hesitant to even book back to back cruises on the same ship. Feels like it might get boring?

@SCOTTIETHOMPSON10314 2 ай бұрын

If I were to consider living on a ship, I'd like to try a 6 month stint and see if I like it enough to want to stay for several years. I used to go on three cruises a year so long term living on a ship is something I'd have to ease into.

@alfredescano2007 2 ай бұрын

What about Tips and short excursions? Is that covered?

@fogtownrog 2 ай бұрын

Where do I sign up!!?? Thanks for doing this for us. I think you need to include additional medical insurance as Medicare doesn’t include expenses out of country. In essence you would need an annual ex-pat or travel insurance. Also tipping would be an expense and there is always the bar bill unless they allow you to BYOB, but what fun would that be.

@acetibular 2 ай бұрын

Working toward this goal right now. I have three more years to get the money in order to properly retire and get my world cruise in. Then the kids can live in my home until I get back. That'll help them save for their own house.

@michellnav 2 ай бұрын

I would love to do this. I think the younger generations, like yourself & Jared are perfect for this. You know the average age is older for cruising, so I understand the healthcare issues for them. But if you've got the money & you see it as a good investment, not just of money, but lifestyle, I say go for it!

@carilesli.happycalmfree Ай бұрын

Average age of the residents right now is 58. This is a cruise for adventurers who want to see the world now they have the time, live in a community and have friends on tap to share all the experiences with…whether they’re digital nomads or retired.

@tduck828 2 ай бұрын

7 days on a ship is my max. I'm ready to go home and go to Costco and order from amazon. Also get in my big shower and comfy bed. See my friends. Couldn't imagine doing this!