I have that exact same motor on a 1998 Lund 165 Alaskan tiller.
That Alaskan is a fairly heavy boat but will do approx 31 with just me and 28/29 with two guys. Even with three guys it planes it just fine. I never once thought I needed a bigger motor. I have fished all over with it including the Miss. river and Mille lacs. The boat is rated for a 50hp
Awesome motor and rock solid. Have a ton of hours on mine and zero issues. You’ll love that motor
One note though, you should drain the carbs over the winter or when you don’t run it more than a month or so. That motor has a reputation for dirty carbs if it sits too long. It likes to be run. Also, you might want to consider an external water fuel separator and run non oxy gas through it
Hope this helps
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