[jsdwarf]

One big trigger for burnout is if you cannot answer the question "why do I work?" any more. One of the big whys was that working hard allows you to buy a house/appartment which allows you to maintain your standard of living in retirement. But this isn't true any more due to the declining purchasing power of salaries. Why should I be stressed out in my job if this only allows me to rent an apartment that i have to give up as soon as I stop working?

[chasd00]

I got two kids that will be going to college in about 5 years. My wife and I haves saved as best we could all their lives but it’s still a bill ranging from 250k to maybe a half million dollars coming due on top of all the other bills and retirement savings. For many, “burnout” is just not an option.

[nickd2001]

As another parent, that sounds like a frightening financial burden :( So, $125k-$250k for each child? Is that the going rate in USA now? for comparison , here in UK its gone up lots but 3 years at university would cost approx £30k in tuition, plus maybe £40k in living costs that could be largely avoided by staying at home and going to college locally. Which can be mostly borrowed, and paid back as an extra 9% in tax on earning above a certain amount after graduation. Even with these figures, my wife and I will still encourage our kids to look hard for decent apprenticeships, consider Open University, possibly work part-time and study part-time, to avoid having such a big debt, especially given cost of housing etc. Kinda wonder whether your figures make it worth going to college at all? 20 years ago I met an American who had 6 figure debt from law school and was doing a job at a law firm that she disliked in order to pay off the huge loan so that after that she could then do what she wanted which would pay much less....

[xigency]

Not to be rude, but one divorce could wipe out all that you had saved. Then burnout might be a better option for your kids when it comes time to filling out FAFSA.

I'm knocking on wood. I don't want what happened to me to happen to you.