Markola
Thinks s/he gets paid by the post
Doesn't have to be stressful...time and statistics can just catch up to you.
Wife's uncle just died...made it a barely a year after his cancer diagnosis at age 70, was still working full-time AFAIK.
Everyone should also remember Bernstein's 80% rule from his "Retirement Calculator from Hell" series...basically, any retirement calculator result above 80% means little because of other potential causes of failure that simply can't be financially modeled.
For sure. My dad still works as a mechanical engineer at 81! I’d worry more about him if he wasn’t working. I, however, had to get away from decades of “managing” other humans and being accountable for the team’s revenue generation. It wasn’t fun anymore, I’d get too angry at constantly being asked to do more with less and the “What have you done for me lately?” questions. Docs told me I have a heart murmur and a terrible case of sleep apnea, which I’m treating well. Anyway, I reached “enough” at 54 and bailed.
Thanks for Bernstein 80% Rule, which I hadn’t seen but which makes sense to me. FWIW as one reference point, Vanguard Personal Advisor Services aims to keep us above 85%, which is in the Bernstein ballpark.