We have way too many selfish geriatrics holding the levers of power because they just refuse to let go. When nature forces them to let go, they make sure that either their family or another close-knit geriatric takes over.

It's the opposite of my former boss: After running a successful business he retired early and wealthy. The last time I met up with him, he was into philanthropy and was always spending time with his family and even extended family. I've never seen him happier.