knew a guy decades ago who refurbished an older yacht on the coast. Spent a decade getting it right for him. Retired at 50 and went sailing around the world. Last I heard of him was about eight years ago. Approach 65, his girlfriend left him years before. He had spent very little money and he was going to pack it up and live on land and find another girlfriend. No idea beyond that. He loved it, saved money. I suspect the boat was no longer sea worthy and needed another complete overhaul.