Quote:
Sell the car but don't touch your retirement money. Live your dreams.
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This.
I had the opportunity several years ago to inherit a V35 Bonanza, an airplane that had a lot of sentimental value. I ended up saying no because I discovered that I couldn't afford it. I did a lot of research on BeechTalk forums regarding operating costs, engine overhaul costs, annual costs, and general maintenance costs. I researched local hangar costs for various airports. In the end, I think it was going to cost around $14k per year just to own it, NOT including flight operating costs. I would strongly suggest that you do the same exercise and then compare it to renting, particularly if you want an IFR traveling platform. You might also consider joining a shared ownership group, which gives you more access to an airplane that you know for less money than sole ownership. Airplanes and flying are amazing, but it's an expensive hobby.