Episode 4 - How do we pay for it?

In this episode, we discuss the all-important question, how to pay for your dreams. This was not an easy topic to discuss because everyone’s financial situation is different. We share how we saved over our lives and discuss a high-level strategy that we are deploying. We discuss the payment schedule and how to possibly reduce the first 3 payments to allow financing of the last payment. We talk about taxes, taxes, and more taxes when using retirement funds to pursue this freedom. This is high-level discussion and the next episode we will play with the numbers. Disclaimer We are not financial experts. Everybody’s financial situation is different; this is not an endorsement or recommendation by any means. Please invest in a financial advisor and determine what works best for you. Financial advisors can help create a plan to achieve your goals and can also assist in making you dreams more realistic. They can help prevent financial blunders. A financial advisor familiar with the marine industry or yachting will go a long way for getting you on the water.