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Old April 25th 08, 03:10 AM posted to rec.aviation.owning
Dave[_19_]
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Posts: 70
Default Owning in retirement

Well...

It is early yet. But 3 years ago (almost 4) , with a partner, I
started a business that , so far, produces enough extra cash (and
more) to operate the aircraft.

Each of us average about an hour a day input, more if we take on a fun
project.

At least that's the plan, so far so good.

My business partner is also a partner in the ownership of the
aircraft. His own business allows for flexible time, I retired last
year and have the time.

So the extra income operates the aircraft, and adds some "walking
around" $$$ for me, and adds to his ability to save for retirement.
(He is half my age)

We will see how this works...

Dave


On Tue, 22 Apr 2008 06:54:05 -0500, Ross wrote:

I am getting close to this event. I was wondering how those that have
already retired keep an airplane. I am fortunate that I have a
moderately priced hangar, reasonable (this is relative) fuel for my
area, and perform owner assisted annuals. But, I am concerned on keeping
the flying going and not feel that I have to let it sit more than I
should. I have always been the sole owner since I purchased it over 10
years ago. Thanks.