When the time comes for you to move out of your home and into a facility, be it a nursing home, assisted living center, or just a retirement community, get ready to pay a huge rent check.

The estimated average annual cost of living in an assisted living facility starts above $30,000, not including the entry fee that could be over $100,000. Retirement communities that don't offer health care programs may have lower rent, but the waiting list can be long and the entry fees much steeper.

Some savvy seniors have put their savings into a much more lively retirement, like 89-year-old Beatrice Muller, who has spent the last nine years living on the luxury cruise ship RMS Queen Elizabeth 2. There are always physicians on the ship in case of a medical emergency, Muller gets all the food she can eat -- it's much better than nursing home cafeteria slop -- and she's seeing the world and meeting new people all the time. According to Muller, she pays about $7,000 a month, which makes this retirement cost about the same as, or even cheaper than, many high-end retirement communities.

The market is catching on, and now there are whole cruise ships dedicated to full-time residents. To purchase a condo for year-round residency on the Magellan will cost anywhere from $4 - $18 million, but fractional ownership (like time-shares) is available as well, starting under $200,000 for two-week ownership. This ship has 300 ports of call in 150 countries, and features luxury amenities like four fine dining restaurants, an observatory, tennis courts, swimming pools, and golf. Construction is due to be completed on this ship in mid-2010, but you can buy your condo now.

One of the investors in Billionaire, the famed club for the megarich on Sardinia's swank Emerald Coast, says the club should be shuttered because of the current economic climate. Billionaire, a favored haunt of tycoons who come to frolic with the likes of Dolce & Gabbana, Kate Moss and Sean Combs, is controlled by rakish Formula 1 mogul Flavio Briatore (above), but Italian entrepreneur and politician Daniela Santanchè has a 10% stake.

Santanchè says that the ultra-exclusive club, where methuselahs of Cristal go for $50,000 a pop, is an offensive relic of a more wasteful age, the London Guardian reports. "With people struggling to get by, Billionaire should be consigned to history," Santanchè says. "I myself have put my Aston Martin in the garage and get around in a Fiat 500."

"Daniela has been in the sun too long," Briatore, who has dated the likes of Naomi Campbell and Heidi Klum, fired back. "What she's saying is absurd. If luxury is suddenly a problem let's close Bulgari and Cartier, or even all the discos, restaurants and the whole of the Emerald Coast." That may not be necessary, in any case. The New York Times recently reported that the hotspot has lost a lot of its exclusivity lately and that some recent visitors aren't even millionaires, let alone billionaires.

Clutch maven Lauren Merkin has turned her talents to travel with a new line of small leather accessories that will have you eager to take a spontaneous trip. Each leather item is available in teal, eggplant, rust, camel or black, featuring playful detailing and lined in micro-fleece. Prices range from $25 for the leather luggage tag to $250 for the first laptop sleeve that you won't want to hide in the bottom of your totebag. Check out the entire line plus a few of Merkin's latest handbags in the gallery. To order, head to laurenmerkin.com.

Since it first opened in 1961, Barbados' luxurious Sandy Lane has played host to a never-ending stream of royalty, socialites and movie stars. Arguably the Caribbean's plushest resort, Aristotle Onassis and Maria Callas, David Niven, Jackie Kennedy, Frank Sinatra and Queen Elizabeth all took sojourns there in years past, while the list of current habitués is no less impressive, including Tiger Woods who tied the knot there in 2004.

The ne plus ultra in exclusivity, luxury, privacy and white glove service is embodied by the palatial neo-Palladian-style main building of cream coral stone set in a grove of mahogany trees on a beautiful stretch of beach in the middle of Barbados' "platinum coast." A chauffered limousine (a Bentley for high-rollers) picks you up at the airport and you're greeted at the front desk with cold towels and fruit punch, a preview of coming attractions, so to speak.

Sandy Lane was rebuilt in 2001, and it's currently in the midst of a multimillion dollar makeover including upgrades to rooms, the spa, restaurants and public spaces. When it re-opens on October 3, in addition to 16,000-sq.-ft. of new marble, one of the biggest improvements will be an open plan, multi-cultural, all-day dining facility featuring a residential-style kitchen in the manner of a Caribbean Palladian conservatory, with a wine store, beach bar, sushi bar, lobster and live seafood tank, a fresh herb garden and a wood burning oven.



The resort's 112 rooms average 900 square feet and feature marble floors and bathrooms, mahogany plantation furniture, private verandahs, plasma TVs and all the bells and whistles. The property features two Tom Fazio-designed 18-hole golf courses, nine championship tennis courts, a 47,000 square foot spa, a John Frieda salon, shops galore (Joan Collins still owes money in one of them) and seven bars and restaurants to choose from. On the beach, attendants will fetch you drinks, clean your sunglasses and even spritz you with Evian water should you so desire.

In addition to the main accommodations, there's also a five bedroom villa that sleeps 14 with a private pool, butler, housekeeper, chef and 24-hr. security guard for $25,000 a night during the holiday season. But if you have to ask, you probably can't afford it.

Ever since I read about it in this month's Archaeology, I've been obsessed with the Hidden Treasure of Afghanistan story. In 1988, Omara Khan Massoudi, director of Afghanistan's National Museum in Kabul and a team of museum workers hid over 20,000 precious artifacts dating from 2000 B.C. to A.D. 100 to keep them from the Taliban and others who would seek to destroy them when civil war erupted. For a long time the collection was believed destroyed or sold but in 2002, Massoudi revealed that he had hidden the items. Now 228 of the artifacts are part of an exhibit which has been exhibited throughout Europe and came to the U.S. this May. It will appear in just four cities, staying in Washington, D.C. until September 7 then San Francisco October 24–January 25, 2009, followed by Houston February 22–May 17, 2009, and finally New York June 23–September 20, 2009. The exhibit features golden bowls, bronze sculptures, ivories, glassware and more. Some pieces which had been imported from around the world and excavated from ancient storerooms discovered in the 1930s and 1940s others are gold ornaments from the "Bactrian Hoard," found in 1978 in Tillya Tepe.

It's not coming to my town so I'll have head to the nearest city near me that has it San Francisco. The Fairmont has partnered with the National Geographic Society on special packages at their hotels in Washington, San Francisco and New York in conjunction with the National Geographic exhibition, "Afghanistan: Hidden Treasures from the National Museum, Kabul."Starting October 24, 2008, when the exhibition opens at the Asian Art Museum in San Francisco, guests will be able to stay at The Fairmont San Francisco with the Golden Treasures of Afghanistan package. The package includes a one-night stay, two entry tickets to the museum, a traditional Afghan treat of baklava and Turkish coffee for two and a set of note cards commemorating the exhibition. Rates start from $299 USD per night, and the package is available through January 25, 2009.

The Westin is taking their Heavenly Bed blankets and pillows and White Tea scent into the airport. First and business class customers who fly United's p.s.service between New York and California can snuggle under oversized Heavenly blankets and pillows inspired by the Westin's Heavenly Bed. They will also be offered White Tea scented towelettes and mints, and Westin's stress-relieving video and music content on United's personal media players. United will serve a specialty cocktail inspired by the Westin SuperFoods program. A new cocktail will be unveiled each season and served on a brain-teaser coaster.

Westin has also created branded "Renewal Lounges" within United's Red Carpet Clubs. The San Francisco airport lounge is equipped with a blue-light ActiViva lamp, not yet available for purchase in the United States, which provides phototherapy to make people feel more energized. The lounges are outfitted with plush furniture, fabrics and a nature-inspired color palette along with a LED candle wall and artwork typical of the Westin mellow-you-out-quick style. The Westin signature White Tea scent is diffused throughout the lounges and the televisions play relaxing nature videos. Westin has also created an exclusive, a non-alcoholic SuperFoods elixir to be served in the lounges. Sounds like first class and business passengers will be very chilled out. Economy fliers will remain stressed and frustrated.

Among amenities like 24-hour multi-lingual concierge service and Selene marble baths, the Upper East Side's Lowell New York does not neglect your pampered pet when it comes to luxe service. Room service is available around the clock for pup and owner alike, and the pet menu serves up such dishes as filet mignon tartar and buffalo marrow. Custom orders can be prepared on a whim, and if it's just a snack that's in order, the hotel has gone to the trouble to import Pure Fish Skin Chews from Iceland. Bon appetit, indeed.

If you like your fractional real estate on the exotic side here's a retreat for you. You can own a share of a game and wildlife reserve in Bostwana. The Limpopo-Lipadi Game & Wilderness Reserve is a nearly 80,000 acre reserve in eastern Botswana that is home to lions, leopards, elephants, hippos and other wildlife. Each share will give the owner to reserve a stay in one of the lodges being built on the land. No hunting is allowed and game rangers will be on site to serve as guides and instructors on wildlife topics. Once owners are certified by the rangers they can take their own self-guided trips and sleep out on tree platforms for an up close and personal safari experience if they prefer. Owners will have full access to the reserve for a certain number of days and the more shares they buy the more days they can have. Six lodges and camps are planned for the reserve as well as private lodges for those who buy five or more shares. Private lodges should be completed in late 2009. Each share costs $195,000.

[via IHT: Raising the Roof]

Travel is always a great excuse to blow some cash for a fabulous experience and these elite suites help you do just that. Ever wondered how much the most expensive hotel room in the world would cost you? $52,000...a night! (Does that qualify for the Guinness Book?) The gold-medalist in this category (yes, I have been watching too much of the Olympics) is the Royal Penthouse Suite at the Hotel President Wilson in Geneva, Switzerland. Curious as to the winner of "budget-breaker" in the U.S. -- it's none other than the Ty Warner Penthouse at the Four Seasons New York. I'm not sure exactly what that big price tag includes but I would hope that means free champagne and strawberries, a cozy robe to take home and plenty of room service.

The first boutique luxury hotel has just opened in Cusco, Southeastern Peru, the historic capital of the Inca Empire. Situated in a meticulously-restored colonial mansion that is probably the first Spanish building ever constructed on the ancient site, La Casona Inkaterra features eleven luxurious suites surrounding a sumptuous courtyard that's nearly 400 years old. The hotel, which is only a short distance from famed Machu Picchu, a UNESCO world heritage site, boasts modern amenities like radiant heated floors and iPod docks that would have shocked the original inhabitants.

[via UrbanDaddy]

Globe-Trotter, the British luggage designer which since 1897 has furnished luxury carryalls for the likes of Queen Elizabeth II and Winston Churchill, will soon add another formidable piece to its collection: a bulletproof case designed by Ross Lovegrove. Weighing in at under three pounds, it's the lightest rigid suitcase of its kind. Even before this news, Globe-Trotter was getting around: the luggage maker recently collaborated with J.Crew to craft limited edition pieces for its new luggage collection, and it showed up last year in the Conran Shop with a special rolling fashion statement.

The Lovegrove piece will make its debut during New York Fashion Week in September, posing from the windows at Moss. Until then, you can still get the perennial classic, the Centenary trolley suitcase in orange (designed by hand from Vulcan Fibre and lined in silk) at Moss for $1,580. The Lovegrove designed Air Cabin, by comparison, will retail for $3,500.

We get them whenever we travel but hardly give a second thought to all those plastic keycards from hotels. Sustainable Cards has created wood hotel key cards and they will get their big debut at the Democratic National Convention. Around 70,000 biodegradable key cards will be used in Denver hotels.. The Sustainable Cards will be emblazoned with the Denver 2008 Host Committee logo and made from sustainably harvested wood. Wooden key cards have been used in Europe for years. While it wouldn't seem like such a small item would make a big difference, switching from plastic cards to biodegradable wood can reduce plastic waste equal to the volume of seven 777 airplanes in one year. The company also plans to offer wood gift cards in the future.

This summer, luxury charter service V1 Jets opened up its seaplane service from Manhattan to the Hamptons (formerly reserved for members) to anyone with the price of a ticket, and it's proved to be very popular with the gliteratti. The 40 minute trip on an 8-passenger Cessna, which costs $495 one-way, has been taken by the likes of models Adriana Lima and Petra Nemcova, actors Pierce Brosnan and Jeremy Piven, and mogul Barry Diller. V1 Jets was founded in 2003 by hedge fund manager Andrew Zarrow who envisioned a way to utilize the excessive amount of "dead legs" created by private aircraft returning empty after delivering clients to their destinations, saving money and resources in the process.

Marnell Corrao Associates has announced the topping off the M Resort, Spa and Casino in Las Vegas. The $1 billion project is located on South Las Vegas Boulevard and St. Rose Parkway a bit of a ways from the Las Vegas Strip. The M Resort, Spa and Casino will have 390 guest rooms, nine restaurants, a destination wine cellar and tasting room, more than 60,000 square feet of meeting and conference space, a 23,000 square foot spa and fitness center and over 100,000 square foot pool and events piazza named Villaggio del Sole. Of course there will be a casino with over 92,000 square feet of gaming space including 1,846 slot machines, 64 table games and a state-of-the-art race and sports book. A March 2009 is planned.

The resort has also entered into a partnership with Taubman Center Inc. to create the first full-scale, department store anchored regional mall to be directly integrated into a casino resort. It will add one million square feet of in-line shopping to the resort and is expected to open in late 2011 or early 2012. Another feature of the resort will be a 63,000 square foot movie theater with 14 screens and 3,100 seat of all-stadium luxury seating with digital sound and premium concession selections,.

The Matthews Hospitality Group has announced via press release that two model residences in its Point Breeze development are open for viewing. Half of the 29 private residences within walking distance of Nantucket's cobbled downtown are already under agreement. (Because Nantucket real estate, like the island's timeless preppy togs, simply defies market trends.) Each owner will receive complimentary membership to Point Breeze's "ultra-elite" club, which features world-class spa, fitness center, outdoor swimming pool, tennis courts, five-star dining and concierge service. Nantucket property owners and frequent visitors can join in the fun by becoming members of the Club at Point Breeze.

A one-bedroom condo in the historically-inspired development starts at $1.5 million. The company has also broken ground on a similar project on Palm Beach Island, meaning your summers and winters are now covered.