No, it's a complete fabrication, derived and evolved from at least 2003 when the waggish diatribe against the cost of nursing home care had its writer swearing to check into a Holiday Inn when the grey hairs became too many. By 2004, some of the numbered items now found in the "cruise ship" tale were in place, albeit in a version that claimed the Holiday Inn rather than a Princess ocean liner as substitute elder care housing ( "TV broken? Light bulb need changing? Need to have the mattress replaced? No problem! They will fix everything and apologize for your inconvenience"). By 2005 more numbered items had been added, including some cruise-specific ones (e.g., "There is always a doctor on board" and "And don't forget, when you die, they just dump you over the side at no charge").
That's probably because of the 2005 Time magazine article (there have since been several in many publications) about people choosing to retire on board a cruise ship instead of a retirement home or some other traditional retirement arrangements. One of those early examples cited in the Time article (and probably others) was Bea Muller, an 86-year-old retiree who took up residence on Cunard's Queen Elizabeth 2 on 5 January 2000. She's now become legend, albeit an actual true one.
Thanks to her frequent traveler discounts, her overall costs amounted to about $5,000 a month for her windowless 10x10 foot cabin that barely fits a bed, radio, and television, with a bathroom smaller than the average closet found in a typical home. Its cramped quarters aside, Muller was happy with her life aboard a ship. "I've got full-time maid service, great dining rooms, doctors, medical center (where she volunteers), a spa, beauty salon, computer center, entertainment, cultural activities and, best of all, dancing and bridge."
So you can see how a lot of this evolved from Holiday Inn to Princess.
The Queen Elizabeth 2 was retired from service in 2008, and Muller passed away in 2013. Bea Muller was not the first long-time cruiser by a long shot, as Cunard Cruise Lines had a previous guest, Clair MacBeth, who lived aboard ship for 14 years.
There are at least two retirement "cruise" ships on the seas with the ,
MS The World being the largest, and three more being built. The Utopia is due to be finished this year and will be 971 feet long, 327 feet longer than The World. Although the rooms on board are condos which you buy, same as a condo on land. Rather than a cruise ship, it's technically a residential yacht. Not sure about the others, but the residents of The World own the ship. They collectively decide where the ship goes and for how long. Pricing starts at a little over $1 million for a studio and goes up to $9 million for the large condos. About half the residents live on board full time, the rest live on it part time. It has 12 decks and a full-time crew of 280.