A collapsible flotation device is provided and includes an inflatable member forming a closed loop and defining at least in part a first opening within the closed loop. The inflatable member has a first portion positioned to be a back support and a second portion configured to be disposed beneath a leg of the user, a floor of the first opening being disposed between the first and second portions. The inflatable member defines a second opening providing access of a foot of the user to water. The second opening has a smaller axial length than the first opening such that a third, forwardmost portion of the closed loop is positioned to be a foot support member.