ARTICLE · 30 NOVEMBER 2015

Retiring As An Owner Operator

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Over the past few years, there has been increasing media coverage on the effect of the baby boomer generation reaching retirement age.

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Crowe MacKay LLP

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Over the past few years, there has been increasing media coverage on the effect of the baby boomer generation reaching retirement age. Baby boomers with salaried jobs have a relatively simple transition to retirement as long as they have built up sufficient savings. But for baby boomers who are business owners and operators, there are questions on how they will successfully transition to retirement.

If you fall into the second category of business owners and operators, how you choose to manage this transition will be one of the most significant decisions of your life. If you still have a few years before your retirement, starting to plan early can save you headaches in the future and potentially a lot of money.

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