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  #49  
Old April 25th 08, 03:58 PM posted to rec.aviation.owning
~^ beancounter ~^
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Posts: 103
Default Owning in retirement

try fractional ownership ( llc or s corp ) with 5-10 other
folks....it keeps the costs under control, with a limited
number of users or owners....if managed right, its a breeze...

imho, flying is a trade off for other activities, as i get older, i
ask myself is the enjoyment worth the trade off of other activities...
so far, yes...as income decreases in retirement, i plan on flying as
long as "the body & eyes" hold out......

cheers & good luck !!






On Apr 22, 5:54*am, 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.
--

Regards, Ross
C-172F 180HP
KSWI