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When I was 62 I decided to retire and move interstate to where most of our kids and grandkids were living. I loved the job I had and was proud of what my organisation had achieved, but it felt like time to take a new direction in life.
On the threshold of leaving, a friend told me about a vacant CEO job in my destination city. He told me that it had lots of challenges, and that was enough to entice me into one last fling.
Big mistake. After the previous twelve years of working with lots of freedom under a strong and supportive board, I thought I could handle anything the new job threw at me. It was a reasonably large ($55m annual turnover) not-for-profit community service organisation that operated as a business under the auspices of a national church.
The national church appointed the board, while the service reported to a separate national business arm of the same church. What I soon discovered was that the business arm seemed to be in constant conflict with the church leadership, and the conflict rippled all the way down. I thought I could negotiate and resolve almost any set of problems, but after a year of constant stress and not a single outcome I could be proud of, I resigned. This time it really was retirement.
I regret the year I spent in the swamp, but I still recall the wonderful feeling of weight coming off my shoulders on my first day of retirement.
At 58 I've been thinking about retiring when I hit 62. My retirement planner says I can go now and at our predicted burn rate, still have a pile left over at 90. Mrs duc left her job (of 20 years) at the beginning of last year due to a change in ownership of her company. She didn't agree with the style of the new owners and just quit. She is a 1000 percent better mentally, and it's opened my eyes.
I've been mulling over an exit strategy and may actually jump ship sooner than 4 years from now. The stories in this thread are downright inspiring.
When I chose to accept a 12-month salary if I would resign from the firm I worked for, for 25 years, I had spent five years preparing for that day. When I accepted the package, I was already making more working for myself, than I was making, working for them. Transitioning away from a job you no longer find rewarding is easier if you have prepared in advance.
Anybody else reaching the end of their nerves?