PPL SEL IFR soloed in 1958 (J-3), owned C172 and A36. Flew coast to coast USA several times/yr until 2004, when I sold the A36.
Reasons I sold: Found out much cheaper to fly commercial than fly myself; Counting hangar, maintenance, insurance, aircraft payments, and currency training I was spending $10,000/yr ++ before I got in the car to drive 1/2 hour to KPDK; Plane got caught in hailstorm on ramp at KCOS and it was better to take insurance and sell than to re-skin it, which wasn't actually required except for cosmetic reasons, (flew great, just pocked up); if I were to upgrade to glass panel would cost me another $15,000, and I like to have latest technology. During my 50 years of active aviation I saw a lot of sad airplanes and I always promised myself that I would either maintain to highest standard or find another avocation. I now enjoy the intellectual part of aviation (Learning different planes, IFR procs, etc.) and I don't have to sit in a 120 degree cockpit waiting for a clearance, and when I'm done I don't have to wipe the oil off the belly.
It was great fun for 50 years, but I now just enjoy the heck out of FSX. I can buy a lot of add-ons for $10,000/yr. (But I don't: Still learning to fly the ones I have!)
Happy simming to all!