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.
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