First, your boss sounds dreadful and I am very sorry that you and your colleagues are experiencing this.
As to how you should handle this:
-What is your financial situation and how will your family manage if you retire? Take a look at your assets, your household income, your household expenses, and what you will receive from Social Security and any pension or annuity. Are you the sole breadwinner or are other family members working?
-In general, do you still want to work or not?
-How will you spend your time in retirement and does that appeal to you?
If retirement sounds like a good idea, this might be a good time to do so. One caveat: check to see when you are eligible for full Social Security benefits (you probably have 1+ years to go) and decide if that makes a difference to you or not. Yes, it might be a good idea to reduce your Social Security payments in exchange for stress reduction.
If you are unsure whether or not you want to retire, look for a new job *before* resigning your current job. From personal experience, I can attest that it’s a lot harder to get hired if you are unemployed and 50+. Fortunately, the job market is very strong, so why not apply to some other jobs and see what type of response you receive?
That said, I don’t recommend staying in a toxic situation indefinitely. As you’ve seen it takes a considerable toll. Plan an exit strategy from this toxic work situation (whether retirement or new job) and focus on that. In addition, take excellent care of yourself now: do whatever it takes to de-stress and don’t put any extra effort into your workplace.
One more piece of advice: “The worse the day, the better the evening!” Use your personal time to relax and rejuvenate!
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