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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I retired at 63.

I worked with colleagues of all ages. My close team of 10 were ages 35-64. [b]We got along but I did feel that the younger people wanted our jobs[/b] (if I left it opened up a promotion, which one of them did get). I also had noted a[b] few people who stayed too long (67 and 69 years old) who got bitter/assholish and daffy/absent-minded[/b], respectively, along with a couple of other people who died a month or two after retirement. I didn't want to become these people.

I was happy with my job but started to feel like I was treading water at age 59. When I realized I didn't enjoy doing my favorite parts of the job and felt stressed out, I decided to go. I planned it for a year, not telling anyone. I gave my notice three months in advance. Having that plan made the last year much easier and gave me a third wind.

My house was paid off a year before I left, I had enough in retirement and decided it was okay to go. Thank goodness for that. I am happy with the decision. I thought I would work longer, but I didn't. 
 [/quote]

Oftentimes younger employees want their bosses' jobs, but for the wrong reasons.  They look at such higher-level jobs as a "reward" for their hard work.  Furthermore, many younger employees use the phrase "rest and vest" to describe older employees collecting lucrative stock options and RSUs who they perceive as not working as hard as them.  Yet what such younger employees fail to see is the 20+ years of hard work it took to get there - the same work they're putting in now.  Gen X felt this way about Baby Boomers who lived it up in the 1980s and wouldn't get out of the way in the early-2000s.  This led to a compression and in some cases promotions skipped Gen X and were given directly to Gen Y, causing even more resentment.

While there is no magic age for retirement, it does seem like 60 years old is a common age for folks to hang it up.  For those who want to keep working, companies need to determine whether they're still providing value.  If not, then it's time to let them go (see above bolded).[/quote]

Xer here.  Thanks much for the validation - I was one who felt boomer bosses passed over solid deputies for promotion of kids’ generation (millennials).  Never saw someone else write this down.  I knew I had not saved enough in retirement early (small biz) so I selected a career to last until minimum retirement age - 67.[/quote]

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