Owning in retirement

Ron Rosenfeld wrote:
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.

I think you'd be best off posing this question to a financial planner.
Prior to my retiring, I did some financial planning to ensure I would have
sufficient funds to support my "habit".
--ron

Oh, I am already doing that and have been for several years. I just
wanted to know what pilots WITH airplanes were doing. My adviser is a
tennis player not a pilot.

--

Regards, Ross
C-172F 180HP
KSWI

On Thu, 24 Apr 2008 07:46:14 -0500, Ross wrote:

Oh, I am already doing that and have been for several years. I just
wanted to know what pilots WITH airplanes were doing. My adviser is a
tennis player not a pilot.

That's probably the best you can do, as every one has individual needs and
wants. I "wanted" to be able to own my airplane by myself. (I fly 125-160
hours/year). I enjoyed the knowledge that no one else was flying it; and
however I left it -- that's how it would be when I came back to it. I was
fortunate enough to be able to arrange things so I could afford it, in
retirement.

--ron