It is a known fact that the dream of corporate world ends at 45 for the ordinary common folks in the place of my residence. One in the 40s experiences the arrival of Autumn of his/her life at this age. The parents and children still need one’s support. One also has to deal with a tougher working world as he/she has less energy to spend at work.
I can attest to some of such circumstance, during the days of the full-time employment. Autumn is no longer a time of earning money aggressively. All the dreams and personal growth will take a back seat and one will be required to play a defensive game.
This is the age in which one needs to get off the high horse now. When one realises that his/her earned income peaks at 45, one will see the importance of getting off the high horse. One will have to find ways to stop increasing the expenditure further at age 45. It is important for one to set aside some cash reserves for retrenchment which is very likely to occur.