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Owning in retirement



 
 
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  #1  
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


  #2  
Old May 2nd 08, 04:40 PM posted to rec.aviation.owning
Paul kgyy
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Posts: 283
Default Owning in retirement

I retired a couple of years ago, but after an unusually expensive
annual on my Arrow, just decided to work enough part time to cover my
flying cost so the flying wouldn't hit my investment income/social
security.
  #3  
Old May 12th 08, 05:15 PM posted to rec.aviation.owning
Ross
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Posts: 463
Default Owning in retirement

Paul kgyy wrote:
I retired a couple of years ago, but after an unusually expensive
annual on my Arrow, just decided to work enough part time to cover my
flying cost so the flying wouldn't hit my investment income/social
security.


I started the post and I am coming to the same conclusion.

--

Regards, Ross
C-172F 180HP
KSWI
 




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