Life After Work: What's Wrong With This Club?

(2 of 2)

Ask about owned vs. leased properties. A good ratio is 4 to 1. Anything less and the club may be on shaky financial footing. Ask about occupancy rates. A good one is 70% or less, meaning that at any given time you'll have options for last-minute travel. And ask about holiday booking. Most clubs have a lottery or rotation system. Make sure new members are treated equitably and that hot properties have not been booked for years to come. A few questions now may spare you a lot of pain later.

Kadlec's latest book, The Power Years: A User's Guide to the Rest of Your Life, is now in paperback