Retiring on high seas: More living out golden years aboard cruise ships

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Retiring on high seas: More living out golden years aboard cruise ships
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With home prices skyrocketing and cruising increasing in popularity, more people are looking to live out their golden years out on the open seas.

"It actually is something that's been transitioning over the years," said Colleen McDaniel, editor and chief of Cruise Critic.

Now, if you compare that with what you might spend, say, in a retirement community, it suddenly adds up, because cruising is very inclusive as well.The deck is seen from the NorthStar capsule on The Spectrum of the Seas cruise ship on May 21, 2019. "One of the best things about cruising is actually that you can go where the weather is great. You're not stuck at any one spot. So even if it gets a little cooler in an environment, well, the cruise ship moves and you can go somewhere else," McDaniel said.

Add in the entertainment, gourmet dining and traveling to new spots that you might never have seen, and your golden years begin to shine on the high seas. "If you are comparing it to what you're doing on land, make sure that you have that in your budget to do it at sea," McDaniel said.Also, understand that even if you want to stay on the same ship all year round, that might not necessarily be possible because ships might be chartered or taken out of service to be refurbished.

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