I have recently heard through the grapevine that about half a dozen or so younger Gen X partners (currently mid to late 40s) I know, (including myself) plan on retiring in their mid-50s (55 to 57). This made me wonder if there are other younger Gen X partners out there (in their late 40s) who plan on retiring in their mid-50s.... If there are more of us out there, I am wondering what impact that will have on the profession if enough younger Gen X'ers plan on retiring in their mid-50s. Thoughts?

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Probably not a bad thing, opens up opportunities for younger millennials to step up.

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54 and then done.

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Most firms have a mandatory retirement at 60 and Partners start phasing out anyway around 55-57 so why is this revolutionary?

I’m in my early 40s (technically a millennial) and early retirement is on my radar. I do think early retirements will hurt the profession from a knowledge transfer perspective but then succession planning just needs to be started earlier

Same age as you (elder millennial, 41). Fully love thinking about a mid 50s retirement right now. I do think though that when a lot of us hit that age it becomes a different equation (at least from what I see from older partners I work with). Comp is great at that point in your career, and you can kind of go into f-it mode those last few years where the worry of failure goes away and the job becomes lower stress with the highest comp of your career. Feel like I see a lot of partners get to that point and end up trying to stick around longer than they expected because of those factors.

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average retirement age at most big firms is 57-8 so not much change from current practice, no impact.

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