I was offered voluntary redundancy package at age 58 and nervously (for financial reasons) accepted it. I have absolutely no regrets. Some thoughts based on my experience:
- at age 65 you are "at risk". You may have 20 years of good health, you may have none
- you will probably need less, not more money in retirement than when working
- an ego deflator - you are not essential, the company will continue without you
Your friend needs to ensure that they are financially comfortable whatever the health outlook.
Most of us ~20 years growing up, ~30-40 years working (raising a family, paying off mortgage).
Spending any remaining time with the freedom to do whatever interests/motivates is a privilege not to be ignored. "You can't take it with you" is not a signal for gross over indulgence, but a reality not to be dismissed lightly.
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