CPA Retirement: Should you join a condo board?

IF you’re like a lot of CPAs, the number one topic on your mind is retirement. Perhaps you’re thinking of selling your house into a hot housing market and downsizing to a condo. If so, what are the pros and cons of joining a condo board? Is it a worthwhile way to spend your retirement years as a (retired) CPA?  It’s no secret that Canada’s population is aging and baby boomers are retiring en masse.  In 2017, for the first time, Canada has more people over the age of 65 than under 15. And this trend is particularly acute in the accounting profession, which traditionally skews older than the general workforce, and where succession planning is a hot topic among practitioners.    Read the article…………….


Related Articles

Major Changes to Condo Insurance and Repair Obligations

The province of Ontario is in the process of adopting sweeping changes to the Condominium Act. In this post we

Canada: Condominium Power Grab: Blurring Personal Choice Line

Condominium living is exploding in Canada. CMHC’s fall report for the Greater Toronto Area reported nearly 50,000 pre-construction condo units

Access to Condominium Records Changes November 1

Effective November 1, 2017, new procedures under the amended Condominium Act, 1998 (the “Act”) and amended Ontario Regulation 48/01 will